Innovator Growth 100 Power Etf Beneish M Score
| NOCT Etf | USD 50.87 0.02 0.04% |
Innovator |
At this time, Innovator Growth's M Score is inapplicable. The earnings manipulation may begin if Innovator Growth's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Innovator Growth executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Innovator Growth's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
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About Innovator Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator Growth 100 Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator Growth 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.
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Check out Innovator Growth Piotroski F Score and Innovator Growth Altman Z Score analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Innovator Growth 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 Growth's value that differs from its market value or its book value, called intrinsic value, which is Innovator Growth'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 Growth's market value can be influenced by many factors that don't directly affect Innovator Growth'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 Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Growth'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.