Innovator Msci Eafe Etf Price on April 29, 2024
IJAN Etf | USD 31.08 0.15 0.48% |
Below is the normalized historical share price chart for Innovator MSCI EAFE extending back to January 02, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Innovator MSCI stands at 31.08, as last reported on the 29th of November, with the highest price reaching 31.08 and the lowest price hitting 30.93 during the day.
If you're considering investing in Innovator Etf, it is important to understand the factors that can impact its price. Innovator MSCI EAFE holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Innovator MSCI EAFE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innovator MSCI's Standard Deviation of 0.5808, risk adjusted performance of (0.10), and Market Risk Adjusted Performance of (0.26) to validate the risk estimate we provide.
Innovator Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.36 | 200 Day MA 31.6111 | 1 y Volatility 10.07 | 50 Day MA 32.0057 | Inception Date 2019-12-31 |
Innovator |
Sharpe Ratio = -0.1124
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Negative Returns | IJAN |
Estimated Market Risk
0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Innovator MSCI is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Innovator MSCI by adding Innovator MSCI to a well-diversified portfolio.
Average Mkt Cap Mil 53 K |
Innovator MSCI Valuation on April 29, 2024
It is possible to determine the worth of Innovator MSCI on a given historical date. On April 29, 2024 Innovator was worth 31.0 at the beginning of the trading date compared to the closed value of 31.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovator MSCI etf. Still, in general, we apply an absolute valuation method to find Innovator MSCI's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Innovator MSCI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovator MSCI's related companies.
Open | High | Low | Close | Volume | |
30.82 | 30.94 | 30.82 | 30.94 | 14,400 | |
04/29/2024 | 31.00 | 31.03 | 30.91 | 31.03 | 5,900 |
30.95 | 30.95 | 30.76 | 30.79 | 9,200 |
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Innovator MSCI Trading Date Momentum on April 29, 2024
On April 30 2024 Innovator MSCI EAFE was traded for 30.79 at the closing time. The top price for the day was 30.95 and the lowest listed price was 30.76 . The trading volume for the day was 9.2 K. The trading history from April 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.77% . The trading delta at closing time against the current closing price is 1.06% . |
Innovator MSCI EAFE Fundamentals Correlations and Trends
By evaluating Innovator MSCI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Innovator MSCI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innovator financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innovator MSCI Etf history
Innovator MSCI investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Innovator is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innovator MSCI EAFE will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Innovator MSCI stock prices may prove useful in developing a viable investing in Innovator MSCI
Innovator MSCI Etf Technical Analysis
Innovator MSCI technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Innovator MSCI Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
Innovator MSCI EAFE cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Innovator MSCI November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Innovator MSCI etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovator MSCI shares will generate the highest return on investment. By undertsting and applying Innovator MSCI etf market strength indicators, traders can identify Innovator MSCI EAFE entry and exit signals to maximize returns
Innovator MSCI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovator MSCI's price direction in advance. Along with the technical and fundamental analysis of Innovator Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovator to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.10) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (0.27) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovator MSCI EAFE. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Innovator MSCI EAFE is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator MSCI's value that differs from its market value or its book value, called intrinsic value, which is Innovator MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovator MSCI's market value can be influenced by many factors that don't directly affect Innovator MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovator MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.