Innovator Nasdaq 100 Power Etf Performance
NJUL Etf | USD 57.63 0.08 0.14% |
The etf retains a Market Volatility (i.e., Beta) of 0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innovator Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Nasdaq is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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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 persistent basic indicators, Innovator Nasdaq is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Lincoln National Corp Buys 2200 Shares of Innovator Growth-100 Power Buffer ETF July - Defense World | 01/31/2024 |
2 | Trading With Integrated Risk Controls - Stock Traders Daily | 02/14/2024 |
3 | Personal CFO Solutions LLC Buys New Shares in Innovator Growth-100 Power Buffer ETF - July | 02/22/2024 |
4 | Pacer Advisors Inc. Acquires 120717 Shares of Pacer Swan SOS Flex ETF - Defense World | 03/27/2024 |
In Threey Sharp Ratio | 0.55 |
Innovator |
Innovator Nasdaq Relative Risk vs. Return Landscape
If you would invest 5,511 in Innovator Nasdaq 100 Power on December 29, 2023 and sell it today you would earn a total of 252.00 from holding Innovator Nasdaq 100 Power or generate 4.57% return on investment over 90 days. Innovator Nasdaq 100 Power is currently generating 0.0728% in daily expected returns and assumes 0.3676% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than Innovator, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Innovator Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Nasdaq'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'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 = 0.1981
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Estimated Market Risk
0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Innovator Nasdaq 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 by adding it to a well-diversified portfolio.
Innovator Nasdaq Fundamentals Growth
Innovator Etf prices reflect investors' perceptions of the future prospects and financial health of Innovator Nasdaq, and Innovator Nasdaq 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 Asset | 117.48 M | |||
About Innovator Nasdaq 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 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.Latest headline from news.google.com: Pacer Advisors Inc. Acquires 120717 Shares of Pacer Swan SOS Flex ETF - Defense World | |
The fund maintains 202.94% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Nasdaq 100 Power. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Innovator Etf analysis
When running Innovator Nasdaq's price analysis, check to measure Innovator Nasdaq'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 is operating at the current time. Most of Innovator Nasdaq's value examination focuses on studying past and present price action to predict the probability of Innovator Nasdaq'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 Nasdaq's price. Additionally, you may evaluate how the addition of Innovator Nasdaq 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's value that differs from its market value or its book value, called intrinsic value, which is Innovator Nasdaq'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's market value can be influenced by many factors that don't directly affect Innovator Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Nasdaq'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.