Innovator Equity Defined Etf Performance
| ZAUG Etf | 24.92 0.03 0.12% |
The etf retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Equity 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 Equity Defined are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Innovator Equity is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Innovator |
Innovator Equity Relative Risk vs. Return Landscape
If you would invest 2,429 in Innovator Equity Defined on September 1, 2024 and sell it today you would earn a total of 63.00 from holding Innovator Equity Defined or generate 2.59% return on investment over 90 days. Innovator Equity Defined is currently generating 0.0402% in daily expected returns and assumes 0.1688% 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 Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Equity's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Equity Defined, and traders can use it to determine the average amount a Innovator Equity'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 = 0.2379
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Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Innovator Equity 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 Equity by adding it to a well-diversified portfolio.
About Innovator Equity Performance
By analyzing Innovator Equity's fundamental ratios, stakeholders can gain valuable insights into Innovator Equity's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Innovator Equity has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Innovator Equity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Innovator Equity is entity of United States. It is traded as Etf on BATS exchange.