Innovator Uncapped Beta vs. One Year Return
Investors evaluate Innovator Uncapped using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Innovator Uncapped's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Innovator Uncapped's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Innovator Uncapped's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Uncapped is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Innovator Uncapped's market price signifies the transaction level at which participants voluntarily complete trades.
Innovator Uncapped One Year Return vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innovator Uncapped's current stock value. Our valuation model uses many indicators to compare Innovator Uncapped value to that of its competitors to determine the firm's financial worth. Innovator Uncapped Accelerated is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 8.96 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Innovator Uncapped 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 One Year Return vs. Beta
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 Uncapped |
| = | 1.34 |
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.
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 Uncapped |
| = | 12.00 % |
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.
Innovator One Year Return Comparison
Innovator Uncapped is currently under evaluation in one year return as compared to similar ETFs.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Innovator Uncapped will likely underperform.
Innovator Uncapped Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Innovator Uncapped, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innovator Uncapped will eventually generate negative long term returns. The profitability progress is the general direction of Innovator Uncapped's change in net profit over the period of time. It can combine multiple indicators of Innovator Uncapped, 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 is an actively managed ETF that invests in option contracts designed to provide returns, at the expiration of the funds option contracts, that are at a rate that is greater than the price return increases, if any, of the SPDR SP 500 ETF Trust following the point in which the Underlying ETF exceeds performance threshold levels established by the fund. Innovator Uncapped 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 Uncapped. 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 Uncapped 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 Uncapped's important profitability drivers and their relationship over time.
Innovator Uncapped Earnings per Share Projection vs Actual
Use Innovator Uncapped 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 Uncapped 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 Uncapped will appreciate offsetting losses from the drop in the long position's value.Innovator Uncapped Pair Trading
Innovator Uncapped Accelerated Pair Trading Analysis
The ability to find closely correlated positions to Innovator Uncapped 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 Uncapped 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 Uncapped - 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 Uncapped Accelerated to buy it.
The correlation of Innovator Uncapped 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 Uncapped moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovator Uncapped 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 Uncapped 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 Uncapped position
In addition to having Innovator Uncapped 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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To fully project Innovator Uncapped's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Innovator Uncapped 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 Uncapped's income statement, its balance sheet, and the statement of cash flows.