Innovator Nasdaq 100 Power Etf Net Asset
| NJUL Etf | USD 62.14 0.14 0.23% |
Innovator Nasdaq 100 Power fundamentals help investors to digest information that contributes to Innovator Nasdaq'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 Nasdaq'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 Nasdaq etf.
Innovator |
Innovator Nasdaq 100 Power ETF Net Asset Analysis
Innovator Nasdaq's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Innovator Nasdaq Net Asset | 117.48 M |
Most of Innovator Nasdaq's fundamental indicators, such as Net Asset, 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 Nasdaq 100 Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Innovator Nasdaq 100 Power has a Net Asset of 117.48 M. This is much higher than that of the Innovator ETFs family and significantly higher than that of the Defined Outcome category. The net asset for all United States etfs is notably lower than that of the firm.
Innovator Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovator Nasdaq's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Innovator Nasdaq could also be used in its relative valuation, which is a method of valuing Innovator Nasdaq by comparing valuation metrics of similar companies.Innovator Nasdaq is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for Innovator Nasdaq
The fund invests 202.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Innovator Nasdaq'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 | 0.57 | |||
| Total Asset | 117.48 M | |||
| One Year Return | 16.00 % | |||
| Three Year Return | 9.00 % | |||
| Net Asset | 117.48 M | |||
| Equity Positions Weight | 202.94 % |
About Innovator Nasdaq Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator Nasdaq 100 Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator Nasdaq using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator Nasdaq 100 Power 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Innovator Nasdaq Piotroski F Score and Innovator Nasdaq Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Innovator Nasdaq 100 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Innovator Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Innovator Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Nasdaq'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.