Innovator Equity Power Etf Price To Book
| PAUG Etf | USD 38.45 0.02 0.05% |
Innovator Equity Power fundamentals help investors to digest information that contributes to Innovator Equity'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 Equity'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 Equity etf.
Innovator |
Innovator Equity Power ETF Price To Book Analysis
Innovator Equity's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Innovator Equity Power has a Price To Book of 0.0 times. 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 Equity
The fund invests 206.66% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Innovator Equity'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
| Number Of Employees | 527 | |||
| Beta | 0.5 | |||
| Total Asset | 411.33 M | |||
| One Year Return | 19.50 % | |||
| Three Year Return | 8.30 % | |||
| Five Year Return | 8.50 % | |||
| Net Asset | 411.33 M | |||
| Last Dividend Paid | 0.34 | |||
| Equity Positions Weight | 206.66 % |
About Innovator Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator Equity Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator Equity 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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When determining whether Innovator Equity Power is a strong investment it is important to analyze Innovator Equity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovator Equity's future performance. For an informed investment choice regarding Innovator Etf, refer to the following important reports:Check out Innovator Equity Piotroski F Score and Innovator Equity Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Innovator Equity Power 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is Innovator Equity'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 Equity's market value can be influenced by many factors that don't directly affect Innovator Equity'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 Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Equity'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.