Innovator Hedged Nasdaq 100 Etf Performance
| QHDG Etf | 26.41 0.19 0.72% |
The etf retains a Market Volatility (i.e., Beta) of 0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innovator Hedged's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Hedged is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Hedged Nasdaq 100 are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak fundamental indicators, Innovator Hedged may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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Innovator Hedged Relative Risk vs. Return Landscape
If you would invest 2,437 in Innovator Hedged Nasdaq 100 on September 1, 2024 and sell it today you would earn a total of 204.00 from holding Innovator Hedged Nasdaq 100 or generate 8.37% return on investment over 90 days. Innovator Hedged Nasdaq 100 is currently generating 0.1279% in daily expected returns and assumes 0.6648% 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 Hedged Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Hedged's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Hedged Nasdaq 100, and traders can use it to determine the average amount a Innovator Hedged'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 = 0.1923
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Innovator Hedged 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 Hedged by adding it to a well-diversified portfolio.
About Innovator Hedged Performance
By analyzing Innovator Hedged's fundamental ratios, stakeholders can gain valuable insights into Innovator Hedged's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Innovator Hedged 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 Hedged has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Innovator Hedged is entity of United States. It is traded as Etf on NASDAQ exchange.