Innovator Buffer Step Up Etf Fundamentals
| BSTP Etf | USD 33.75 0.15 0.45% |
Innovator Buffer Step Up fundamentals help investors to digest information that contributes to Innovator Buffer's financial success or failures. It also enables traders to predict the movement of Innovator Etf. The fundamental analysis module provides a way to measure Innovator Buffer's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovator Buffer etf.
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Innovator Buffer Step Up ETF One Year Return Analysis
Innovator Buffer's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Innovator Buffer One Year Return | 22.10 % |
Most of Innovator Buffer's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovator Buffer Step Up is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Innovator Buffer Step Up has an One Year Return of 22.1%. This is much higher than that of the Innovator ETFs family and significantly higher than that of the Defined Outcome category. The one year return for all United States etfs is notably lower than that of the firm.
Innovator One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovator Buffer's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Innovator Buffer could also be used in its relative valuation, which is a method of valuing Innovator Buffer by comparing valuation metrics of similar companies.Innovator Buffer is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Innovator Buffer
The fund invests 208.3% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Innovator Buffer's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Innovator Fundamentals
| Total Asset | 26.61 M | |||
| One Year Return | 22.10 % | |||
| Net Asset | 26.61 M | |||
| Equity Positions Weight | 208.30 % |
About Innovator Buffer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator Buffer Step Up's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator Buffer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator Buffer Step Up based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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 Buffer is traded on NYSEARCA Exchange in the United States.
Pair Trading with Innovator Buffer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Innovator Buffer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Innovator Buffer will appreciate offsetting losses from the drop in the long position's value.Moving together with Innovator Etf
| 1.0 | BUFR | First Trust Cboe | PairCorr |
| 0.99 | BUFD | FT Cboe Vest | PairCorr |
| 1.0 | PSEP | Innovator SP 500 | PairCorr |
| 0.98 | PJAN | Innovator SP 500 | PairCorr |
The ability to find closely correlated positions to Innovator Buffer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovator Buffer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Innovator Buffer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Innovator Buffer Step Up to buy it.
The correlation of Innovator Buffer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Innovator Buffer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovator Buffer Step moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Innovator Buffer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Innovator Buffer Piotroski F Score and Innovator Buffer Altman Z Score analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Innovator Buffer Step 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 Buffer's value that differs from its market value or its book value, called intrinsic value, which is Innovator Buffer'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 Buffer's market value can be influenced by many factors that don't directly affect Innovator Buffer'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 Buffer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Buffer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Buffer'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.