Innovator Power Buffer Etf Performance
| PSTP Etf | USD 32.29 0.05 0.16% |
The etf retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innovator Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Power is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Power Buffer are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Innovator Power is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | On The My Stocks Page - Stock Traders Daily | 09/10/2024 |
2 | Trading Report - Stock Traders Daily | 11/14/2024 |
Innovator |
Innovator Power Relative Risk vs. Return Landscape
If you would invest 3,085 in Innovator Power Buffer on September 3, 2024 and sell it today you would earn a total of 144.00 from holding Innovator Power Buffer or generate 4.67% return on investment over 90 days. Innovator Power Buffer is currently generating 0.072% in daily expected returns and assumes 0.3636% 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 |
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Innovator Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Power's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Power Buffer, and traders can use it to determine the average amount a Innovator Power'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 = 0.1979
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Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Innovator Power 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 Power by adding it to a well-diversified portfolio.
Innovator Power Fundamentals Growth
Innovator Etf prices reflect investors' perceptions of the future prospects and financial health of Innovator Power, and Innovator Power 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.
| Total Asset | 30.65 M | |||
About Innovator Power Performance
Assessing Innovator Power's fundamental ratios provides investors with valuable insights into Innovator Power's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Innovator Power 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.
The fund is an actively managed exchange-traded fund that seeks to provide risk-managed investment exposure to the SPDR SP 500 ETF Trust . Innovator Power is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Trading Report - Stock Traders Daily | |
| The fund maintains 204.74% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Innovator Power Buffer. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Innovator Power Buffer 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 Power's value that differs from its market value or its book value, called intrinsic value, which is Innovator Power'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 Power's market value can be influenced by many factors that don't directly affect Innovator Power'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 Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Power'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.