Innovator 20 Year Etf Price on May 16, 2022
| TBJL Etf | USD 19.22 0.25 1.28% |
If you're considering investing in Innovator Etf, it is important to understand the factors that can impact its price. As of today, the current price of Innovator stands at 19.22, as last reported on the 16th of April 2024, with the highest price reaching 19.25 and the lowest price hitting 19.17 during the day. Innovator 20 Year holds Efficiency (Sharpe) Ratio of -0.0725, which attests that the entity had a -0.0725% return per unit of risk over the last 3 months. Innovator 20 Year exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innovator's Market Risk Adjusted Performance of (0.15), risk adjusted performance of (0.06), and Standard Deviation of 0.5842 to validate the risk estimate we provide.
Innovator Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Innovator |
Sharpe Ratio = -0.0725
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Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Innovator is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Innovator by adding Innovator to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Innovator Valuation on May 16, 2022
It is possible to determine the worth of Innovator on a given historical date. On May 16, 2022 Innovator was worth 21.23 at the beginning of the trading date compared to the closed value of 21.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovator etf. Still, in general, we apply an absolute valuation method to find Innovator's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Innovator where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovator's related companies.
| Open | High | Low | Close | Volume | |
| 21.24 | 21.24 | 21.24 | 21.24 | 1.00 | |
05/16/2022 | 21.23 | 21.23 | 21.23 | 21.23 | 1.00 |
| 21.06 | 21.06 | 21.06 | 21.06 | 1.00 |
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Innovator Trading Date Momentum on May 16, 2022
| On May 17 2022 Innovator 20 Year was traded for 21.06 at the closing time. The top price for the day was 21.06 and the lowest listed price was 21.06 . There was no trading activity during the period 1.0. Lack of trading volume on May 17, 2022 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.80% . The trading delta at closing time against the current closing price is 1.79% . |
Innovator 20 Year Fundamentals Correlations and Trends
By evaluating Innovator's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Innovator's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innovator financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innovator Etf history
Innovator investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Innovator is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innovator 20 Year will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Innovator stock prices may prove useful in developing a viable investing in Innovator
The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference the iShares 20 Year Treasury Bond ETF . Innovator is traded on BATS Exchange in the United States.
Innovator Etf Technical Analysis
Innovator 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.
Price Boundaries
Innovator Period Price Range
Low | May 16, 2022
| High |
21.23 | 21.23 |
Innovator April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Innovator etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovator shares will generate the highest return on investment. By undertsting and applying Innovator etf market strength indicators, traders can identify Innovator 20 Year entry and exit signals to maximize returns
Innovator Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovator's price direction in advance. Along with the technical and fundamental analysis of Innovator Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovator to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.16) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovator 20 Year. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Innovator 20 Year 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 if Innovator is a good investment 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.