Innovator Etf Performance

TBJL -  USA Etf  

USD 21.78  0.05  0.23%

The etf retains a Market Volatility (i.e., Beta) of -0.0326, which attests to not very significant fluctuations relative to the market. Let's try to break down what Innovator's beta means in this case. As returns on the market increase, returns on owning Innovator are expected to decrease at a much lower rate. During the bear market, Innovator is likely to outperform the market. Even though it is essential to pay attention to Innovator 20 Yr current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Innovator 20 Yr exposes twenty-six different technical indicators, which can help you to evaluate its performance.
  
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Innovator Performance
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Over the last 90 days Innovator 20 Yr has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest unsteady performance, the Etf's forward-looking indicators remain steady and the new chaos on Wall Street may also be a sign of medium-term gains for the ETF firm stakeholders. ...more

Innovator Price Channel

Fifty Two Week Low20.81
Fifty Two Week High24.79

Innovator Relative Risk vs. Return Landscape

If you would invest  2,360  in Innovator 20 Yr on February 24, 2022 and sell it today you would lose (182.00)  from holding Innovator 20 Yr or give up 7.71% of portfolio value over 90 days. Innovator 20 Yr is currently does not generate positive expected returns and assumes 0.9518% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% 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.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Innovator is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.43 times less risky than the market. the firm trades about -0.13 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 of returns per unit of risk over similar time horizon.

Innovator Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator 20 Yr, and traders can use it to determine the average amount a Innovator'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 = -0.127

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Estimated Market Risk
 0.95
  actual daily
 
 8 %
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Expected Return
 -0.12
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 0 %
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Risk-Adjusted Return
 -0.13
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Based on monthly moving average Innovator is performing at about 0% 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 by adding it to a well-diversified portfolio.

About Innovator Performance

To evaluate Innovator 20 Yr 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 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 20 Yr stock market performance in a much more refined way. At Macroaxis, we take it even further. 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 iShares 20 Year Treasury Bond ETF . Innovator is traded on NYSEArca Exchange in the United States.

Things to note about Innovator 20 Yr

Checking the ongoing alerts about Innovator for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Innovator 20 Yr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Innovator Alerts

Equity Alerts and Improvement Suggestions

Innovator 20 Yr generated a negative expected return over the last 90 days
Innovator 20 Yr has high likelihood to experience some financial distress in the next 2 years
The fund maintains all of the assets in different exotic instruments
Additionally, take a look at World Market Map. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.