Innovator Equity Defined Etf Performance

ZOCT Etf   25.34  0.02  0.08%   
The etf retains a Market Volatility (i.e., Beta) of 0.0977, 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

11 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Equity Defined are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable fundamental indicators, Innovator Equity is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1
Innovator Builds Upon the Largest Suite of Buffer ETFs with Three 100 percent Downside Protection Launches - GlobeNewswire
10/01/2024
  

Innovator Equity Relative Risk vs. Return Landscape

If you would invest  2,509  in Innovator Equity Defined on September 13, 2024 and sell it today you would earn a total of  27.00  from holding Innovator Equity Defined or generate 1.08% return on investment over 90 days. Innovator Equity Defined is currently generating 0.0207% in daily expected returns and assumes 0.1404% 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  
Given the investment horizon of 90 days Innovator Equity is expected to generate 4.59 times less return on investment than the market. But when comparing it to its historical volatility, the company is 5.21 times less risky than the market. It trades about 0.15 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.13 of returns per unit of risk over similar time horizon.

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 = 0.1473

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsZOCT

Estimated Market Risk

 0.14
  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

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Innovator Equity 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 Equity by adding it to a well-diversified portfolio.

About Innovator Equity Performance

Assessing Innovator Equity's fundamental ratios provides investors with valuable insights into Innovator Equity's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Innovator Equity 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 Equity is entity of United States. It is traded as Etf on BATS exchange.