Innovator MSCI Downside Deviation

EJUL -- USA Etf  

USD 25.23  0.19  0.75%

Innovator MSCI downside-deviation technical analysis lookup allows you to check this and other technical indicators for Innovator MSCI Emerging Markets Power Buffer ETF or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
Symbol
Refresh
Innovator MSCI Emerging Markets Power Buffer ETF has current Downside Deviation of 0.4128. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view downside risk is the annualized standard deviation of returns below the target.
Downside Deviation 
=  
SQRT(DV) 
 = 
0.4128
SQRT =   Square root notation
DV =   Downside Variance of returns over selected period

Downside Deviation Comparison

Innovator MSCI Emerging Markets Power Buffer ETF is rated below average in downside deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  3.70  of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Innovator MSCI Emerging Markets Power Buffer ETF is roughly  3.70 
It is the square root of the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of most private investors.
Compare Innovator MSCI to competition

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
Search macroaxis.com