Innovator Long Term Etf Net Asset
| TFJL Etf | USD 19.95 0.06 0.30% |
Innovator Long Term fundamentals help investors to digest information that contributes to Innovator Long'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 Long'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 Long etf.
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Innovator Long Term ETF Net Asset Analysis
Innovator Long'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 Long Net Asset | 7.65 M |
Most of Innovator Long'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 Long Term 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.
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Based on the recorded statements, Innovator Long Term has a Net Asset of 7.65 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 Long'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 Long could also be used in its relative valuation, which is a method of valuing Innovator Long by comparing valuation metrics of similar companies.Innovator Long is currently under evaluation in net asset as compared to similar ETFs.
Innovator Fundamentals
| Beta | 0.32 | |||
| Total Asset | 7.65 M | |||
| One Year Return | 1.50 % | |||
| Three Year Return | (5.50) % | |||
| Net Asset | 7.65 M |
About Innovator Long Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator Long Term's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator Long using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator Long Term 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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The market value of Innovator Long Term 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 Long's value that differs from its market value or its book value, called intrinsic value, which is Innovator Long'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 Long's market value can be influenced by many factors that don't directly affect Innovator Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Long'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.