Innovator Equity Five Year Return vs. Beta
| BJUL Etf | USD 45.19 0.15 0.33% |
For Innovator Equity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innovator Equity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innovator Equity Buffer utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innovator Equity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innovator Equity Buffer over time as well as its relative position and ranking within its peers.
Innovator |
The market value of Innovator Equity Buffer 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is Innovator Equity'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 Equity's market value can be influenced by many factors that don't directly affect Innovator Equity'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 Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Equity'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.
Innovator Equity Buffer Beta vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innovator Equity's current stock value. Our valuation model uses many indicators to compare Innovator Equity value to that of its competitors to determine the firm's financial worth. Innovator Equity Buffer is second largest ETF in five year return as compared to similar ETFs. It is third largest ETF in beta as compared to similar ETFs totaling about 0.06 of Beta per Five Year Return. The ratio of Five Year Return to Beta for Innovator Equity Buffer is roughly 15.59 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Innovator Equity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Innovator Beta vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Innovator Equity |
| = | 10.60 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Innovator Equity |
| = | 0.68 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Innovator Beta Comparison
Innovator Equity is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
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.
Innovator Equity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Innovator Equity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innovator Equity will eventually generate negative long term returns. The profitability progress is the general direction of Innovator Equity's change in net profit over the period of time. It can combine multiple indicators of Innovator Equity, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference SPDR SP 500 ETF Trust . Innovator is traded on BATS Exchange in the United States.
Innovator Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Innovator Equity. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Innovator Equity position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Innovator Equity's important profitability drivers and their relationship over time.
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| Three Year Return vs Beta | ||
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| Equity Positions Weight vs Beta |
Use Innovator Equity in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Innovator Equity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Innovator Equity will appreciate offsetting losses from the drop in the long position's value.Innovator Equity Pair Trading
Innovator Equity Buffer Pair Trading Analysis
The ability to find closely correlated positions to Innovator Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovator Equity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Innovator Equity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Innovator Equity Buffer to buy it.
The correlation of Innovator Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Innovator Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovator Equity Buffer moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Innovator Equity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Innovator Equity position
In addition to having Innovator Equity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Target Outcome ETFs Thematic Idea Now
Target Outcome ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Outcome ETFs theme has 93 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Target Outcome ETFs Theme or any other thematic opportunities.
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To fully project Innovator Equity's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Innovator Equity Buffer at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Innovator Equity's income statement, its balance sheet, and the statement of cash flows.