Innovator Russell 2000 Etf Price on October 31, 2024
| KJAN Etf | USD 39.52 0.19 0.48% |
Below is the normalized historical share price chart for Innovator Russell 2000 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 Russell stands at 39.52, as last reported on the 30th of November, with the highest price reaching 39.52 and the lowest price hitting 39.40 during the day.
If you're considering investing in Innovator Etf, it is important to understand the factors that can impact its price. As of now, Innovator Etf is very steady. Innovator Russell 2000 holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Innovator Russell 2000, which you can use to evaluate the volatility of the entity. Please check out Innovator Russell's Downside Deviation of 0.6869, risk adjusted performance of 0.1274, and Market Risk Adjusted Performance of 0.1432 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
Innovator Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.91 | 200 Day MA 35.8117 | 1 y Volatility 13.47 | 50 Day MA 37.6417 | Inception Date 2019-12-31 |
Innovator |
Sharpe Ratio = 0.1979
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | KJAN | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Innovator Russell is performing at about 15% of its full potential. 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 Russell by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 2.6 K |
Innovator Russell Valuation on October 31, 2024
It is possible to determine the worth of Innovator Russell on a given historical date. On October 31, 2024 Innovator was worth 37.19 at the beginning of the trading date compared to the closed value of 36.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovator Russell etf. Still, in general, we apply an absolute valuation method to find Innovator Russell'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 Russell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovator Russell's related companies.
| Open | High | Low | Close | Volume | |
| 37.27 | 37.57 | 37.23 | 37.26 | 10,400 | |
10/31/2024 | 37.19 | 37.33 | 36.89 | 36.89 | 14,337 |
| 37.01 | 37.14 | 36.93 | 36.96 | 12,013 |
| Backtest Innovator Russell | | | Innovator Russell History | | | Innovator Russell Valuation | Previous | Next |
Innovator Russell Trading Date Momentum on October 31, 2024
| On November 01 2024 Innovator Russell 2000 was traded for 36.96 at the closing time. The top price for the day was 37.14 and the lowest listed price was 36.93 . The trading volume for the day was 12 K. The trading history from November 1, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.19% . The trading delta at closing time against the current closing price is 5.99% . |
Innovator Russell 2000 Fundamentals Correlations and Trends
By evaluating Innovator Russell'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 Russell'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 Russell Etf history
Innovator Russell 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 Russell 2000 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 Russell stock prices may prove useful in developing a viable investing in Innovator Russell
Innovator Russell Etf Technical Analysis
Innovator Russell 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 Russell Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Innovator Russell 2000 cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Russell November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Innovator Russell 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 Russell shares will generate the highest return on investment. By undertsting and applying Innovator Russell etf market strength indicators, traders can identify Innovator Russell 2000 entry and exit signals to maximize returns
Innovator Russell Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovator Russell'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 | 0.1274 | |||
| Jensen Alpha | 0.0049 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1332 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Russell 2000. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Innovator Russell 2000 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is Innovator Russell'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 Russell's market value can be influenced by many factors that don't directly affect Innovator Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Russell'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.