Innovator Beneish M Score

TBJL -  USA Etf  

USD 21.78  0.05  0.23%

This module uses fundamental data of Innovator to approximate the value of its Beneish M Score. Innovator M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Additionally, take a look at Innovator Piotroski F Score and Innovator Altman Z Score analysis.
  
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At this time, Innovator's M Score is inapplicable. The earnings manipulation may begin if Innovator's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Innovator executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Innovator's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of ReceivablesN/AFocus
Asset QualityN/AFocus
Expense CoverageN/AFocus
Gross Margin StrengsN/AFocus
Accruals FactorN/AFocus
Depreciation ResistanceN/AFocus
Net Sales GrowthN/AFocus
Financial Leverage ConditionN/AFocus

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About Innovator Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Innovator 20 Yr's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator 20 Yr 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 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 NYSEArca Exchange in the United States.

Innovator Investors Sentiment

The influence of Innovator's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Innovator. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Innovator in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Innovator's short interest history, or implied volatility extrapolated from Innovator options trading.

Current Sentiment - TBJL

Innovator 20 Yr Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in Innovator 20 Yr. What is your judgment towards investing in Innovator 20 Yr? Are you bullish or bearish?
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Additionally, take a look at Innovator Piotroski F Score and Innovator Altman Z Score analysis. 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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Innovator 20 Yr price analysis, check to measure Innovator'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 is operating at the current time. Most of Innovator's value examination focuses on studying past and present price action to predict the probability of Innovator's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Innovator's price. Additionally, you may evaluate how the addition of Innovator to your portfolios can decrease your overall portfolio volatility.
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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.