Innovator Nasdaq 100 Power Etf Performance
| NAPR Etf | USD 50.11 0.15 0.30% |
The etf retains a Market Volatility (i.e., Beta) of 0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innovator Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Nasdaq is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Nasdaq 100 Power are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Innovator Nasdaq is not utilizing all of its potentials. The newest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| In Threey Sharp Ratio | 0.40 |
Innovator |
Innovator Nasdaq Relative Risk vs. Return Landscape
If you would invest 4,768 in Innovator Nasdaq 100 Power on August 28, 2024 and sell it today you would earn a total of 228.00 from holding Innovator Nasdaq 100 Power or generate 4.78% return on investment over 90 days. Innovator Nasdaq 100 Power is currently generating 0.0744% in daily expected returns and assumes 0.5313% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% 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 Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Nasdaq 100 Power, and traders can use it to determine the average amount a Innovator Nasdaq'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 = 0.14
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Estimated Market Risk
| 0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Innovator Nasdaq is performing at about 11% 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 Nasdaq by adding it to a well-diversified portfolio.
Innovator Nasdaq Fundamentals Growth
Innovator Etf prices reflect investors' perceptions of the future prospects and financial health of Innovator Nasdaq, and Innovator Nasdaq fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Innovator Etf performance.
| Total Asset | 54.51 M | |||
About Innovator Nasdaq Performance
Assessing Innovator Nasdaq's fundamental ratios provides investors with valuable insights into Innovator Nasdaq's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Innovator Nasdaq 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.
The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference the Invesco QQQ TrustSM. Innovator Nasdaq is traded on BATS Exchange in the United States.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Nasdaq 100 Power. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Innovator Nasdaq 100 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Innovator Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Innovator Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Nasdaq'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.