Innovator Equity Defined Etf Performance
| ZDEK Etf | 24.03 0.04 0.17% |
The etf retains a Market Volatility (i.e., Beta) of 0.0534, 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
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Equity Defined are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent technical and fundamental indicators, Innovator Equity is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
Innovator |
Innovator Equity Relative Risk vs. Return Landscape
If you would invest 2,397 in Innovator Equity Defined on October 21, 2024 and sell it today you would earn a total of 6.00 from holding Innovator Equity Defined or generate 0.25% return on investment over 90 days. Innovator Equity Defined is currently generating 0.0078% in daily expected returns and assumes 0.204% 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 = 0.0382
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Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Innovator Equity is performing at about 3% 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 examining Innovator Equity's fundamental ratios, stakeholders can obtain critical insights into Innovator Equity's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Innovator Equity is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Innovator Equity is entity of United States. It is traded as Etf on BATS exchange.