Dsja Etf Profile
DSJA is trading at 28.65 as of the 14th of September 2024, a No Change since the beginning of the trading day. The etf's open price was 28.65. Equity ratings for DSJA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of June 2024 and ending today, the 14th of September 2024. Click here to learn more.
DSJA Etf Highlights
| Old Name | Innovator Double Stacker ETF - January |
| Business Concentration | Trading--Miscellaneous, Innovator ETFs (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 0.02 |
| Name | Innovator Double Stacker ETF - January |
| Currency Code | USD |
| Open Figi | BBG00YQ1HR42 |
| 1y Volatility | 23.91 |
| 200 Day M A | 28.465 |
| 50 Day M A | 29.6577 |
| Code | DSJA |
| Updated At | 5th of February 2024 |
| Currency Name | US Dollar |
| Type | ETF |
DSJA [DSJA] is traded in USA and was established 2020-12-31. The fund is listed under Trading--Miscellaneous category and is part of Innovator ETFs family. DSJA currently have 3.92 M in assets under management (AUM). , while the total return for the last 3 years was 5.1%.
Check DSJA Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on DSJA Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding DSJA Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as DSJA Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
DSJA Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in DSJA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.3009 | |||
| Standard Deviation | 0.4179 | |||
| Variance | 0.1747 | |||
| Downside Variance | 0.1503 |
DSJA Against Markets
DSJA Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DSJA etf to make a market-neutral strategy. Peer analysis of DSJA could also be used in its relative valuation, which is a method of valuing DSJA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Additional Information and Resources on Investing in DSJA Etf
When determining whether DSJA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DSJA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dsja Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Dsja Etf:Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of DSJA is measured differently than its book value, which is the value of DSJA that is recorded on the company's balance sheet. Investors also form their own opinion of DSJA's value that differs from its market value or its book value, called intrinsic value, which is DSJA'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 DSJA's market value can be influenced by many factors that don't directly affect DSJA'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 DSJA's value and its price as these two are different measures arrived at by different means. Investors typically determine if DSJA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DSJA'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.