Innovator Mckinley One Year Return vs. Price To Earning
Based on the key profitability measurements obtained from Innovator Mckinley's financial statements, Innovator Mckinley Income may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in February. Profitability indicators assess Innovator Mckinley's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Please note, there is a significant difference between Innovator Mckinley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Mckinley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Mckinley'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.
For Innovator Mckinley profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innovator Mckinley to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innovator Mckinley Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innovator Mckinley's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innovator Mckinley Income over time as well as its relative position and ranking within its peers.
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Innovator Mckinley Income Price To Earning vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innovator Mckinley's current stock value. Our valuation model uses many indicators to compare Innovator Mckinley value to that of its competitors to determine the firm's financial worth. Innovator Mckinley Income is rated below average in one year return among similar funds. It is rated below average in price to earning among similar funds reporting about 2.25 of Price To Earning per One Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Innovator Mckinley's earnings, one of the primary drivers of an investment's value.Innovator Price To Earning vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Innovator Mckinley |
| = | 7.12 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Innovator Mckinley |
| = | 16.04 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Innovator Price To Earning Comparison
Innovator Mckinley is currently under evaluation in price to earning among similar funds.
Innovator Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Innovator Mckinley. 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 Mckinley 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 Mckinley's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Innovator Mckinley without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities |
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Use Investing Themes to Complement your Innovator Mckinley position
In addition to having Innovator Mckinley 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?
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Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Innovator Mutual Fund
If you are still planning to invest in Innovator Mckinley Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Innovator Mckinley's history and understand the potential risks before investing.
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