Innovator Premium Income Etf Performance
| HAPR Etf | 25.14 0.11 0.44% |
The etf retains a Market Volatility (i.e., Beta) of 0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator Premium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Premium is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Premium Income are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Innovator Premium is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Innovator Premium Income 9 Buffer ETF April Announces Dividend of 0.13 | 10/31/2024 |
Innovator |
Innovator Premium Relative Risk vs. Return Landscape
If you would invest 2,476 in Innovator Premium Income on September 1, 2024 and sell it today you would earn a total of 38.00 from holding Innovator Premium Income or generate 1.53% return on investment over 90 days. Innovator Premium Income is currently generating 0.0239% in daily expected returns and assumes 0.1217% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than Innovator, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Innovator Premium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Premium's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Premium Income, and traders can use it to determine the average amount a Innovator Premium's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1962
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HAPR |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Innovator Premium is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Innovator Premium by adding it to a well-diversified portfolio.
About Innovator Premium Performance
Assessing Innovator Premium's fundamental ratios provides investors with valuable insights into Innovator Premium's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Innovator Premium is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Innovator Premium is entity of United States. It is traded as Etf on BATS exchange.