Innovator Growth 100 Power Etf Technical Analysis
NOCT Etf | USD 51.14 0.14 0.27% |
As of the 26th of November, Innovator Growth retains the Downside Deviation of 0.5715, market risk adjusted performance of 0.1153, and Risk Adjusted Performance of 0.0738. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Innovator Growth 100 Power, as well as the relationship between them.
Innovator Growth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Innovator, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InnovatorInnovator |
Innovator Growth technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Innovator Growth 100 Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Innovator Growth 100 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Innovator Growth 100 Trend Analysis
Use this graph to draw trend lines for Innovator Growth 100 Power. You can use it to identify possible trend reversals for Innovator Growth as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Innovator Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Innovator Growth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Innovator Growth 100 Power applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Innovator Growth 100 Power will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24.55, which is the sum of squared deviations for the predicted Innovator Growth price change compared to its average price change.About Innovator Growth Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Innovator Growth 100 Power on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Innovator Growth 100 Power based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Innovator Growth 100 price pattern first instead of the macroeconomic environment surrounding Innovator Growth 100. By analyzing Innovator Growth's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Innovator Growth's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Innovator Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.
Innovator Growth November 26, 2024 Technical Indicators
Most technical analysis of Innovator help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Innovator from various momentum indicators to cycle indicators. When you analyze Innovator charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0738 | |||
Market Risk Adjusted Performance | 0.1153 | |||
Mean Deviation | 0.2628 | |||
Semi Deviation | 0.3786 | |||
Downside Deviation | 0.5715 | |||
Coefficient Of Variation | 933.0 | |||
Standard Deviation | 0.4217 | |||
Variance | 0.1778 | |||
Information Ratio | (0.20) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.15) | |||
Treynor Ratio | 0.1053 | |||
Maximum Drawdown | 2.41 | |||
Value At Risk | (0.85) | |||
Potential Upside | 0.7476 | |||
Downside Variance | 0.3266 | |||
Semi Variance | 0.1433 | |||
Expected Short fall | (0.24) | |||
Skewness | (0.57) | |||
Kurtosis | 2.49 |
Innovator Growth November 26, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Innovator stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 27.78 | ||
Daily Balance Of Power | 0.88 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 51.11 | ||
Day Typical Price | 51.12 | ||
Price Action Indicator | 0.10 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Growth 100 Power. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Innovator Growth 100 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 Growth's value that differs from its market value or its book value, called intrinsic value, which is Innovator Growth'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 Growth's market value can be influenced by many factors that don't directly affect Innovator Growth'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 Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Growth'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.