Innovator Etf Performance

TBJL -  USA Etf  

USD 24.33  0.26  1.06%

The etf retains a Market Volatility (i.e., Beta) of -0.0826, 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. Although it is extremely important to respect Innovator 20 Yr current price history, it is better to be realistic regarding the information on equity 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 20 Yr technical indicators, you can presently evaluate if the expected return of 0.0083% will be sustainable into the future.

Innovator Etf Performance 

 
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Innovator Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Innovator 20 Yr are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Even with relatively steady forward-looking indicators, Innovator is not utilizing all of its potentials. The recent stock price chaos, may contribute to medium-term losses for the stakeholders. ...more

Innovator Price Channel

Fifty Two Week Low22.22
Fifty Two Week High25.12

Innovator Relative Risk vs. Return Landscape

If you would invest  2,422  in Innovator 20 Yr on August 31, 2021 and sell it today you would earn a total of  11.00  from holding Innovator 20 Yr or generate 0.45% return on investment over 90 days. Innovator 20 Yr is currently generating 0.0083% in daily expected returns and assumes 0.4821% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% 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 generate 0.63 times more return on investment than the market. However, the company is 1.58 times less risky than the market. It trades about 0.02 of its potential returns per unit of risk. The DOW is currently generating roughly -0.01 per unit of risk.

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 = 0.0173

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Estimated Market Risk
 0.48
  actual daily
 
 4 %
of total potential
 
44
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 0.01
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 0 %
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Risk-Adjusted Return
 0.02
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 1 %
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11
Based on monthly moving average Innovator is performing at about 1% 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 investment seeks to provide investors with returns that match the price return of the iShares 20 Year Treasury Bond ETF, up to the upside cap of 9.00 percent and 8.21 percent while providing a buffer against the first 9 percent of iShares 20 Year Treasury Bond ETF losses, over the period from July 1, 2021 to June 30, 2022. 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 is unlikely to experience financial distress in the next 2 years
The fund maintains about 99.83% of its assets in bonds
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Innovator Etf analysis

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.