Innovator Etf Buy Hold or Sell Recommendation

TBJL -  USA Etf  

USD 24.33  0.26  1.06%

Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Innovator 20 Yr is 'Hold'. Macroaxis provides Innovator buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TBJL positions. The advice algorithm takes into account all of Innovator's available fundamental, technical, and predictive indicators you will find on this site.

Innovator Advice 

 
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The advice is provided from Innovator's buy-and-hold perspective. Additionally, take a look at Innovator Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Innovator and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Innovator 20 Yr.

Execute Innovator Buy or Sell Advice

The Innovator recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Innovator 20 Yr. Macroaxis does not own or have any residual interests in Innovator 20 Yr or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Innovator's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell InnovatorBuy Innovator
Hold

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Innovator 20 Yr has a Risk Adjusted Performance of 0.0308, Jensen Alpha of 0.0104, Total Risk Alpha of 0.0306, Sortino Ratio of 0.0954 and Treynor Ratio of (0.15)
Our trade recommendations module complements current analysts and expert consensus on Innovator 20 Yr. It analyzes the etf potential to grow using all fundamental, technical, and market related data available at the time. Please check out Innovator net asset to decide if your Innovator buy or sell deciscion is justified.

Innovator Trading Alerts and Improvement Suggestions

Innovator 20 Yr is unlikely to experience financial distress in the next 2 years
The fund maintains about 99.83% of its assets in bonds

Innovator Returns Distribution Density

The distribution of Innovator's historical returns is an attempt to chart the future uncertainty of Innovator's future price movements. The chart of the probability distribution of Innovator stock daily returns describes the distribution of returns around its average expected value. We use Innovator 20 Yr price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Innovator returns is essential to provide solid investment advice for Innovator stock.
Mean Return0.0228Value At Risk-0.7
Potential Upside0.92Standard Deviation0.46
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Innovator historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Innovator Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Innovator is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Innovator 20 Yr backward and forwards among themselves. Innovator's institutional investor refers to the entity that pools money to purchase Innovator's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Susquehanna International Group LlpFund Units26.1 K624 K
Note, although Innovator's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Innovator Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Innovator or Innovator ETFs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Innovator stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Innovator stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.010353
β
Beta against DOW-0.08
σ
Overall volatility
0.48
Ir
Information ratio 0.09

Innovator Volatility Alert

Innovator 20 Yr exhibits very low volatility with skewness of 0.13 and kurtosis of 1.22. However, we advise investors to further study Innovator 20 Yr technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Innovator's etf risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Innovator's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Innovator Implied Volatility

Innovator's implied volatility exposes the market's sentiment of Innovator 20 Yr stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Innovator's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Innovator stock will not fluctuate a lot when Innovator's options are near their expiration.

Innovator Fundamentals Vs Peers

Comparing Innovator's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Innovator's direct or indirect competition across all of the common fundamentals between Innovator and the related equities. This way, we can detect undervalued stocks with similar characteristics as Innovator or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Innovator's fundamental indicators could also be used in its relative valuation, which is a method of valuing Innovator by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Innovator to competition
FundamentalsInnovatorPeer Average
Net Asset3 M2.29 B
Bond Positions Weight99.83 %8.16 %

Innovator Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Innovator . With many 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.
Daily Balance Of Power(9,223,372,036,855)
Rate Of Daily Change0.99
Day Median Price24.33
Day Typical Price24.33
Price Action Indicator(0.13)

About Innovator Buy or Sell Advice

When is the right time to buy or sell Innovator 20 Yr? Buying financial instruments such as Innovator Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Innovator investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Innovator 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 Disruptive Technologies Thematic Idea Now

Disruptive Technologies
Disruptive Technologies Theme
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. Disruptive Technologies theme has 59 constituents.
View All  Next Launch Disruptive Technologies
Additionally, take a look at Innovator Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Innovator 20 Yr information on this page should be used as a complementary analysis to other Innovator's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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The market value of Innovator 20 Yr 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's value that differs from its market value or its book value, called intrinsic value, which is Innovator'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's market value can be influenced by many factors that don't directly affect Innovator'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's value and its price as these two are different measures arrived at by different means. Investors typically determine Innovator value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator'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.