Innovator Long Term Etf Technical Analysis
| TFJL Etf | USD 19.95 0.06 0.30% |
As of the 24th of November, Innovator Long retains the Risk Adjusted Performance of (0.12), standard deviation of 0.4853, and Market Risk Adjusted Performance of 0.5815. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Innovator Long Term, as well as the relationship between them. Please check out Innovator Long Term market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Innovator Long is priced fairly, providing market reflects its last-minute price of 19.95 per share.
Innovator Long 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 Long 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 Long Term Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Long Term volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Innovator Long Term Trend Analysis
Use this graph to draw trend lines for Innovator Long Term. You can use it to identify possible trend reversals for Innovator Long 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 Long price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Innovator Long Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Innovator Long Term applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Innovator Long Term market price will keep on failing further. It has 122 observation points and a regression sum of squares at 30.4, which is the sum of squared deviations for the predicted Innovator Long price change compared to its average price change.About Innovator Long 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 Long Term 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 Long Term based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Innovator Long Term price pattern first instead of the macroeconomic environment surrounding Innovator Long Term. By analyzing Innovator Long'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 Long'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 Long specific price patterns or momentum indicators. Please read more on our technical analysis page.
Innovator Long November 24, 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | 0.5815 | |||
| Mean Deviation | 0.3502 | |||
| Coefficient Of Variation | (665.47) | |||
| Standard Deviation | 0.4853 | |||
| Variance | 0.2355 | |||
| Information Ratio | (0.42) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.5715 | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.8399 | |||
| Skewness | 0.5549 | |||
| Kurtosis | 1.56 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovator Long Term. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Innovator Long Term 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 Long's value that differs from its market value or its book value, called intrinsic value, which is Innovator Long'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 Long's market value can be influenced by many factors that don't directly affect Innovator Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Long'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.