Innovator Uncapped Accelerated Etf Market Value
| XUSP Etf | USD 48.51 0.15 0.31% |
| Symbol | Innovator |
The market value of Innovator Uncapped 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 Uncapped's value that differs from its market value or its book value, called intrinsic value, which is Innovator Uncapped'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 Uncapped's market value can be influenced by many factors that don't directly affect Innovator Uncapped'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 Uncapped's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Uncapped is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Uncapped'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.
Innovator Uncapped 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Innovator Uncapped's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Innovator Uncapped.
| 12/15/2025 |
| 01/14/2026 |
If you would invest 0.00 in Innovator Uncapped on December 15, 2025 and sell it all today you would earn a total of 0.00 from holding Innovator Uncapped Accelerated or generate 0.0% return on investment in Innovator Uncapped over 30 days. Innovator Uncapped is related to or competes with Pacer Swan, Hartford Quality, Democratic Large, Invesco DWA, Invesco Active, Fidelity Metaverse, and EA Series. The fund is an actively managed ETF that invests in option contracts designed to provide returns, at the expiration of t... More
Innovator Uncapped Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Innovator Uncapped's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Innovator Uncapped Accelerated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.28 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.63 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.56 |
Innovator Uncapped Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Uncapped's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovator Uncapped's standard deviation. In reality, there are many statistical measures that can use Innovator Uncapped historical prices to predict the future Innovator Uncapped's volatility.| Risk Adjusted Performance | 0.0442 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0427 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovator Uncapped's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Innovator Uncapped Backtested Returns
Currently, Innovator Uncapped Accelerated is very steady. Innovator Uncapped holds Efficiency (Sharpe) Ratio of 0.0967, which attests that the entity had a 0.0967 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Innovator Uncapped, which you can use to evaluate the volatility of the entity. Please check out Innovator Uncapped's Downside Deviation of 1.28, risk adjusted performance of 0.0442, and Market Risk Adjusted Performance of 0.0527 to validate if the risk estimate we provide is consistent with the expected return of 0.0955%. The etf retains a Market Volatility (i.e., Beta) of 1.12, which attests to a somewhat significant risk relative to the market. Innovator Uncapped returns are very sensitive to returns on the market. As the market goes up or down, Innovator Uncapped is expected to follow.
Auto-correlation | 0.88 |
Very good predictability
Innovator Uncapped Accelerated has very good predictability. Overlapping area represents the amount of predictability between Innovator Uncapped time series from 15th of December 2025 to 30th of December 2025 and 30th of December 2025 to 14th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Innovator Uncapped price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Innovator Uncapped price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Innovator Uncapped lagged returns against current returns
Autocorrelation, which is Innovator Uncapped etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Innovator Uncapped's etf expected returns. We can calculate the autocorrelation of Innovator Uncapped returns to help us make a trade decision. For example, suppose you find that Innovator Uncapped has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Innovator Uncapped regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Innovator Uncapped etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innovator Uncapped etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innovator Uncapped etf over time.
Current vs Lagged Prices |
| Timeline |
Innovator Uncapped Lagged Returns
When evaluating Innovator Uncapped's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innovator Uncapped etf have on its future price. Innovator Uncapped autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Innovator Uncapped autocorrelation shows the relationship between Innovator Uncapped etf current value and its past values and can show if there is a momentum factor associated with investing in Innovator Uncapped Accelerated.
Regressed Prices |
| Timeline |
Pair Trading with Innovator Uncapped
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 Uncapped 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 Uncapped will appreciate offsetting losses from the drop in the long position's value.Moving together with Innovator Etf
| 0.99 | SSO | ProShares Ultra SP500 | PairCorr |
| 1.0 | SPXL | Direxion Daily SP500 | PairCorr |
| 0.9 | QLD | ProShares Ultra QQQ | PairCorr |
| 1.0 | UPRO | ProShares UltraPro SP500 | PairCorr |
Moving against Innovator Etf
The ability to find closely correlated positions to Innovator Uncapped 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 Uncapped 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 Uncapped - 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 Uncapped Accelerated to buy it.
The correlation of Innovator Uncapped 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 Uncapped moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovator Uncapped 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 Uncapped 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 Uncapped Correlation, Innovator Uncapped Volatility and Innovator Uncapped Alpha and Beta module to complement your research on Innovator Uncapped. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Innovator Uncapped technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.