Innovator Etf Performance

Etfs . USA . 
Etf . Innovator Nasdaq-100 Power
NJUL Etf  USD 46.98  0.04  0.09%   
The etf retains a Market Volatility (i.e., Beta) of 0.6886, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Innovator's beta means in this case. As returns on the market increase, Innovator Nasdaq-100 returns are expected to increase less than the market. However, during the bear market, the loss on holding Innovator Nasdaq-100 will be expected to be smaller as well. Although it is important to respect Innovator Nasdaq-100 current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Innovator Nasdaq-100 technical indicators, you can presently evaluate if the expected return of 0.18% will be sustainable into the future.
  

Innovator Performance

15 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Nasdaq-100 Power are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain basic indicators, Innovator Nasdaq-100 may actually be approaching a critical reversion point that can send shares even higher in April 2023. ...more
Fifty Two Week Low40.96
Fifty Two Week High48.32

Innovator Nasdaq-100 Relative Risk vs. Return Landscape

If you would invest  4,222  in Innovator Nasdaq-100 Power on December 26, 2022 and sell it today you would earn a total of  476.00  from holding Innovator Nasdaq-100 Power or generate 11.27% return on investment over 90 days. Innovator Nasdaq-100 Power is currently generating 0.176% in daily expected returns and assumes 0.8552% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Innovator, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Innovator Nasdaq-100 is expected to generate 0.9 times more return on investment than the market. However, the company is 1.11 times less risky than the market. It trades about 0.21 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.05 per unit of risk.

Innovator Nasdaq-100 Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Nasdaq-100's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Nasdaq-100 Power, and traders can use it to determine the average amount a Innovator Nasdaq-100's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2058

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Estimated Market Risk

 0.86
  actual daily
 7 
93% of assets are more volatile
77

Expected Return

 0.18
  actual daily
 3 
97% of assets have higher returns
33

Risk-Adjusted Return

 0.21
  actual daily
 15 
85% of assets perform better
1515
Based on monthly moving average Innovator Nasdaq-100 is performing at about 15% of its full potential. 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 Nasdaq-100 by adding it to a well-diversified portfolio.

Innovator Nasdaq-100 Fundamentals Growth

Innovator Etf prices reflect investors' perceptions of the future prospects and financial health of Innovator Nasdaq-100, and Innovator Nasdaq-100 fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Innovator Etf performance.
Total Asset117.48 M

About Innovator Nasdaq-100 Performance

To evaluate Innovator Nasdaq-100 Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Innovator Nasdaq-100 generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Innovator Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Innovator Nasdaq-100 market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Innovator's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its net assets in FLexible Exchange Options that reference the Invesco QQQ TrustSM, Series 1 . Innovator Nasdaq is traded on BATS Exchange in the United States.

Things to note about Innovator Nasdaq-100 performance evaluation

Checking the ongoing alerts about Innovator Nasdaq-100 for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for Innovator Nasdaq-100 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains 202.94% of its assets in stocks
Evaluating Innovator Nasdaq-100's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Innovator Nasdaq-100's etf performance include:
  • Analyzing Innovator Nasdaq-100's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Innovator Nasdaq-100's stock is overvalued or undervalued compared to its peers.
  • Examining Innovator Nasdaq-100's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Innovator Nasdaq-100's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Innovator Nasdaq-100's management team can help you assess the ETF's leadership.
  • Pay attention to analyst opinions and ratings of Innovator Nasdaq-100's etf. These opinions can provide insight into Innovator Nasdaq-100's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Innovator Nasdaq-100's etf performance is not an exact science, and many factors can impact Innovator Nasdaq-100's etf market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Correlation Analysis. For more information on how to buy Innovator Etf please use our How to buy in Innovator Etf guide. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Innovator Nasdaq-100 price analysis, check to measure Innovator Nasdaq-100'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 Nasdaq-100 is operating at the current time. Most of Innovator Nasdaq-100's value examination focuses on studying past and present price action to predict the probability of Innovator Nasdaq-100's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Innovator Nasdaq-100's price. Additionally, you may evaluate how the addition of Innovator Nasdaq-100 to your portfolios can decrease your overall portfolio volatility.
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The market value of Innovator Nasdaq-100 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 Nasdaq-100's value that differs from its market value or its book value, called intrinsic value, which is Innovator Nasdaq-100'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 Nasdaq-100's market value can be influenced by many factors that don't directly affect Innovator Nasdaq-100's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Innovator Nasdaq-100's value and its price as these two are different measures arrived at by different means. Investors typically determine Innovator Nasdaq-100 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Nasdaq-100'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.
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