Innovator MSCI Probability of Target Price Finishing Over Current Price

EJUL -- USA Etf  

USD 25.23  0.01  0.0397%

Innovator MSCI probability of target price tool provides mechanism to make assumptions about upside and downside potential of Innovator MSCI Emerging Markets Power Buffer ETF performance during a given time horizon utilizing its historical volatility. Please specify Innovator MSCI time horizon, a valid symbol (red box) and a target price (blue box) you would like Innovator MSCI odds to be computed. Additionally see Innovator MSCI Backtesting, Portfolio Optimization, Innovator MSCI Correlation, Innovator MSCI Hype Analysis, Innovator MSCI Volatility, Innovator MSCI History as well as Innovator MSCI Performance.
Horizon     30 Days    Login   to change
Symbol:
Refresh Odds

Innovator MSCI Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 25.23 30 days 25.23 
about 35.01
Based on normal probability distribution, the odds of Innovator MSCI to move above current price in 30 days from now is about 35.01 (This Innovator MSCI Emerging Markets Power Buffer ETF probability density function shows the probability of Innovator MSCI Etf to fall within a particular range of prices over 30 days) .
Given the investment horizon of 30 days, Innovator MSCI Emerging Markets Power Buffer ETF has beta of -0.0409 suggesting as returns on benchmark increase, returns on holding Innovator MSCI are expected to decrease at a much smaller rate. During bear market, however, Innovator MSCI Emerging Markets Power Buffer ETF is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Innovator MSCI Emerging is significantly underperforming DOW.
 Innovator MSCI Price Density 
      Price 
α
Alpha over DOW
=0.04
β
Beta against DOW=0.04
σ
Overall volatility
=7.17
Ir
Information ratio =0.04

Innovator MSCI Alerts and Suggestions

The fund retains 95.48% of its assets under management (AUM) in equities

Innovator MSCIPrice Density Drivers

Average Daily Volume Last 10 Day25.35k
Average Daily Volume In Three Month28.56k
Search macroaxis.com