Innovator Msci Eafe Etf Current Valuation
| IAPR Etf | USD 27.19 0.07 0.26% |
Valuation analysis of Innovator MSCI EAFE helps investors to measure Innovator MSCI's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Innovator MSCI's price fluctuation is very steady at this time. Calculation of the real value of Innovator MSCI EAFE is based on 3 months time horizon. Increasing Innovator MSCI's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Innovator etf is determined by what a typical buyer is willing to pay for full or partial control of Innovator MSCI EAFE. Since Innovator MSCI is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Innovator Etf. However, Innovator MSCI's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 27.19 | Real 27.25 | Hype 27.12 | Naive 27.12 |
The intrinsic value of Innovator MSCI's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Innovator MSCI's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Innovator MSCI EAFE helps investors to forecast how Innovator etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Innovator MSCI more accurately as focusing exclusively on Innovator MSCI's fundamentals will not take into account other important factors: Innovator MSCI EAFE ETF Current Valuation Analysis
Innovator MSCI's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Innovator MSCI EAFE has a Current Valuation of 0.0. This indicator is about the same for the Innovator ETFs average (which is currently at 0.0) family and about the same as Defined Outcome (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Innovator MSCI
The fund invests 206.27% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Innovator MSCI'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
| Beta | 0.49 | |||
| Total Asset | 63.26 M | |||
| One Year Return | 9.10 % | |||
| Three Year Return | 2.40 % | |||
| Net Asset | 63.26 M | |||
| Equity Positions Weight | 206.27 % |
About Innovator MSCI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator MSCI EAFE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator MSCI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator MSCI EAFE 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.
Pair Trading with Innovator MSCI
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 MSCI 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 MSCI will appreciate offsetting losses from the drop in the long position's value.Moving together with Innovator Etf
Moving against Innovator Etf
| 0.79 | TSJA | TSJA | PairCorr |
| 0.78 | QTOC | Innovator ETFs Trust | PairCorr |
| 0.78 | DSJA | DSJA | PairCorr |
| 0.76 | XTOC | Innovator ETFs Trust | PairCorr |
| 0.7 | DNOV | FT Cboe Vest | PairCorr |
The ability to find closely correlated positions to Innovator MSCI 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 MSCI 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 MSCI - 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 MSCI EAFE to buy it.
The correlation of Innovator MSCI 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 MSCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovator MSCI EAFE 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 MSCI 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 MSCI Piotroski F Score and Innovator MSCI Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Innovator MSCI EAFE 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is Innovator MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect Innovator MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator MSCI'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.