Innovator Small Cap Etf Performance
| KSEP Etf | 26.60 0.02 0.08% |
The etf retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Small is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Small Cap are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Even with relatively abnormal technical and fundamental indicators, Innovator Small may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | ETF Industry News Weekly Recap September 2-6, 2024 - Trackinsight | 09/09/2024 |
Innovator |
Innovator Small Relative Risk vs. Return Landscape
If you would invest 2,493 in Innovator Small Cap on August 30, 2024 and sell it today you would earn a total of 165.00 from holding Innovator Small Cap or generate 6.62% return on investment over 90 days. Innovator Small Cap is currently generating 0.1051% in daily expected returns and assumes 0.5921% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Innovator, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Innovator Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Small's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Small Cap, and traders can use it to determine the average amount a Innovator Small's 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 = 0.1776
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Innovator Small is performing at about 13% 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 Small by adding it to a well-diversified portfolio.
About Innovator Small Performance
Assessing Innovator Small's fundamental ratios provides investors with valuable insights into Innovator Small's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Innovator Small is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.