Innovator Etf Alpha and Beta Analysis

TBJL -  USA Etf  

USD 21.24  0.32  1.48%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Innovator 20 Yr. It also helps investors analyze the systematic and unsystematic risks associated with investing in Innovator over a specified time horizon. Remember, high Innovator's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, take a look at Innovator Backtesting, Portfolio Optimization, Innovator Correlation, Innovator Hype Analysis, Innovator Volatility, Innovator History and analyze Innovator Performance.
  
Refresh
Please note that although Innovator alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Innovator did 0.17  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Innovator 20 Yr etf's relative risk over its benchmark. Innovator 20 Yr has a beta of 0.0296  . Let's try to break down what Innovator's beta means in this case. As returns on the market increase, Innovator returns are expected to increase less than the market. However, during the bear market, the loss on holding Innovator will be expected to be smaller as well.
.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Innovator Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Innovator market risk premium is the additional return an investor will receive from holding Innovator long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Innovator. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Innovator's performance over market.
α-0.17   β0.0296
90 days against DJI

Innovator expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Innovator's Buy-and-hold return. Our buy-and-hold chart shows how Innovator performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Innovator Market Price Analysis

Market price analysis indicators help investors to evaluate how Innovator etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovator shares will generate the highest return on investment. By understating and applying Innovator etf market price indicators, traders can identify Innovator position entry and exit signals to maximize returns.

Innovator Return and Market Media

The median price of Innovator for the period between Tue, Feb 15, 2022 and Mon, May 16, 2022 is 23.07 with a coefficient of variation of 3.98. The daily time series for the period is distributed with a sample standard deviation of 0.9, arithmetic mean of 22.74, and mean deviation of 0.8. The Etf did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About Innovator Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Innovator 20 Yr has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Innovator Investors Sentiment

The influence of Innovator's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Innovator. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Innovator in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Innovator's short interest history, or implied volatility extrapolated from Innovator options trading.

Current Sentiment - TBJL

Innovator 20 Yr Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in Innovator 20 Yr. What is your judgment towards investing in Innovator 20 Yr? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Build Portfolio with Innovator

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, take a look at Innovator Backtesting, Portfolio Optimization, Innovator Correlation, Innovator Hype Analysis, Innovator Volatility, Innovator History and analyze Innovator Performance. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Innovator technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Innovator technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Innovator trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...