Innovator Etfs Trust Etf Performance
| JULQ Etf | 25.07 0.02 0.08% |
The etf retains a Market Volatility (i.e., Beta) of 0.0735, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator ETFs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator ETFs is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Innovator ETFs Trust are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable essential indicators, Innovator ETFs is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Learn to Evaluate using the Charts - Stock Traders Daily | 09/26/2024 |
Innovator |
Innovator ETFs Relative Risk vs. Return Landscape
If you would invest 2,472 in Innovator ETFs Trust on August 26, 2024 and sell it today you would earn a total of 35.00 from holding Innovator ETFs Trust or generate 1.42% return on investment over 90 days. Innovator ETFs Trust is currently generating 0.0217% in daily expected returns and assumes 0.0906% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% 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 ETFs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator ETFs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator ETFs Trust, and traders can use it to determine the average amount a Innovator ETFs' 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 = 0.2393
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| JULQ |
Based on monthly moving average Innovator ETFs is performing at about 18% 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 ETFs by adding it to a well-diversified portfolio.
About Innovator ETFs Performance
Assessing Innovator ETFs' fundamental ratios provides investors with valuable insights into Innovator ETFs' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Innovator ETFs 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.