Innovator Laddered Allocation Etf Beta
BUFF Etf | USD 41.58 0.01 0.02% |
Innovator Laddered Allocation fundamentals help investors to digest information that contributes to Innovator Laddered's financial success or failures. It also enables traders to predict the movement of Innovator Etf. The fundamental analysis module provides a way to measure Innovator Laddered's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovator Laddered etf.
Innovator |
Innovator Beta Analysis
Innovator Laddered's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Innovator Laddered Beta | 0.46 |
Most of Innovator Laddered's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovator Laddered Allocation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
Innovator Laddered Beta Component Assessment
In accordance with the recently published financial statements, Innovator Laddered Allocation has a Beta of 0.46. This is much higher than that of the Innovator ETFs family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
Innovator Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovator Laddered's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Innovator Laddered could also be used in its relative valuation, which is a method of valuing Innovator Laddered by comparing valuation metrics of similar companies.Innovator Laddered is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Innovator Laddered
The fund invests 99.22% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Innovator Laddered's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As returns on the market increase, Innovator Laddered's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Laddered is expected to be smaller as well.
Innovator Fundamentals
Return On Equity | 0.0126 | |||
Return On Asset | 30.08 | |||
Profit Margin | 12.09 % | |||
Operating Margin | 23.79 % | |||
Current Valuation | 7.93 B | |||
Shares Outstanding | 195.64 M | |||
Shares Owned By Insiders | 8.00 % | |||
Shares Owned By Institutions | 96.41 % | |||
Number Of Shares Shorted | 15.66 M | |||
Price To Earning | 41.24 X | |||
Price To Book | 26.14 X | |||
Price To Sales | 6.14 X | |||
Revenue | 1.27 B | |||
Gross Profit | 589.09 M | |||
EBITDA | 223.66 M | |||
Net Income | 193.53 M | |||
Cash And Equivalents | 282.22 M | |||
Cash Per Share | 0.11 X | |||
Total Debt | 393.91 M | |||
Debt To Equity | 131.60 % | |||
Current Ratio | 3.74 X | |||
Book Value Per Share | 0.05 X | |||
Cash Flow From Operations | 193.86 M | |||
Short Ratio | 8.29 X | |||
Earnings Per Share | 0.97 X | |||
Price To Earnings To Growth | 1.94 X | |||
Number Of Employees | 1.8 K | |||
Beta | 0.46 | |||
Market Capitalization | 7.05 B | |||
Total Asset | 138.2 M | |||
Retained Earnings | (55.88 M) | |||
Working Capital | 286.48 M | |||
Current Asset | 392.33 M | |||
Current Liabilities | 105.85 M | |||
Z Score | 27.18 | |||
One Year Return | 17.90 % | |||
Three Year Return | 6.90 % | |||
Five Year Return | 5.20 % | |||
Net Asset | 138.2 M | |||
Equity Positions Weight | 99.22 % |
About Innovator Laddered Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator Laddered Allocation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator Laddered using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator Laddered Allocation based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund will invest at least 80 percent of its net assets in the exchange-traded funds that comprise the index. Innovator Lunt is traded on BATS Exchange in the United States.
Pair Trading with Innovator Laddered
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Innovator Laddered position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Innovator Laddered will appreciate offsetting losses from the drop in the long position's value.Moving together with Innovator Etf
0.98 | VTI | Vanguard Total Stock | PairCorr |
0.98 | SPY | SPDR SP 500 | PairCorr |
0.98 | IVV | IShares Core SP | PairCorr |
0.97 | VIG | Vanguard Dividend | PairCorr |
0.98 | VV | Vanguard Large-Cap Index | PairCorr |
Moving against Innovator Etf
0.79 | FXY | Invesco CurrencyShares | PairCorr |
0.44 | ULE | ProShares Ultra Euro | PairCorr |
The ability to find closely correlated positions to Innovator Laddered could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovator Laddered when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Innovator Laddered - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Innovator Laddered Allocation to buy it.
The correlation of Innovator Laddered is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Innovator Laddered moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovator Laddered moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Innovator Laddered can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Innovator Laddered Piotroski F Score and Innovator Laddered Altman Z Score analysis. Note that the Innovator Laddered information on this page should be used as a complementary analysis to other Innovator Laddered'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 the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Innovator Etf analysis
When running Innovator Laddered's price analysis, check to measure Innovator Laddered's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovator Laddered is operating at the current time. Most of Innovator Laddered's value examination focuses on studying past and present price action to predict the probability of Innovator Laddered's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovator Laddered's price. Additionally, you may evaluate how the addition of Innovator Laddered to your portfolios can decrease your overall portfolio volatility.
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The market value of Innovator Laddered 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 Laddered's value that differs from its market value or its book value, called intrinsic value, which is Innovator Laddered'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 Laddered's market value can be influenced by many factors that don't directly affect Innovator Laddered'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 Laddered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Laddered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Laddered'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.