Innovator Etfs Trust Etf Performance
| INOV Etf | USD 29.03 0.15 0.52% |
The etf retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator ETFs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator ETFs is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Innovator ETFs Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Innovator ETFs is not utilizing all of its potentials. The newest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Trusts hit by 80-plus writedown of Reaction Engines - Citywire Wealth Manager | 08/30/2024 |
2 | Disposition of 2305 shares by Kohane Isaac Samuel of Innovator ETFs subject to Rule 16b-3 | 09/25/2024 |
3 | Trend Tracker for - Stock Traders Daily | 11/19/2024 |
Innovator |
Innovator ETFs Relative Risk vs. Return Landscape
If you would invest 2,927 in Innovator ETFs Trust on August 27, 2024 and sell it today you would lose (24.00) from holding Innovator ETFs Trust or give up 0.82% of portfolio value over 90 days. Innovator ETFs Trust is currently does not generate positive expected returns and assumes 0.3598% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than Innovator, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Innovator ETFs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator ETFs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator ETFs Trust, and traders can use it to determine the average amount a Innovator ETFs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.034
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| Negative Returns | INOV |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Innovator ETFs 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 ETFs by adding Innovator ETFs to a well-diversified portfolio.
Innovator ETFs Fundamentals Growth
Innovator Etf prices reflect investors' perceptions of the future prospects and financial health of Innovator ETFs, and Innovator ETFs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Innovator Etf performance.
| Return On Equity | 0.0716 | |||
| Return On Asset | 0.0331 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 7.22 B | |||
| Shares Outstanding | 77.17 M | |||
| Price To Earning | 188.89 X | |||
| Price To Book | 8.31 X | |||
| Price To Sales | 8.25 X | |||
| Revenue | 667.52 M | |||
| EBITDA | 186.56 M | |||
| Cash And Equivalents | 128.63 M | |||
| Cash Per Share | 0.82 X | |||
| Total Debt | 897.3 M | |||
| Debt To Equity | 1.39 % | |||
| Book Value Per Share | 4.91 X | |||
| Cash Flow From Operations | 146.36 M | |||
| Earnings Per Share | 0.34 X | |||
| Total Asset | 1.97 B | |||
| Retained Earnings | 300.89 M | |||
| Current Asset | 844.01 M | |||
| Current Liabilities | 67.53 M | |||
About Innovator ETFs Performance
Evaluating Innovator ETFs' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Innovator ETFs has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Innovator ETFs has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Inovalon Holdings, Inc. provides cloud-based platforms for data-driven healthcare. Inovalon Holdings, Inc. was founded in 1998 and is headquartered in Bowie, Maryland. Inovalon Hlds operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 1836 people.| Innovator ETFs Trust generated a negative expected return over the last 90 days | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Trend Tracker for - Stock Traders Daily | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovator ETFs Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of Innovator ETFs Trust 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 ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' 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 ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' 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 ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' 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.