Innovator Etfs Trust Etf Price on March 21, 2024
| XDJA Etf | USD 26.72 0.04 0.15% |
If you're considering investing in Innovator Etf, it is important to understand the factors that can impact its price. As of today, the current price of Innovator ETFs stands at 26.72, as last reported on the 23rd of May, with the highest price reaching 26.72 and the lowest price hitting 26.72 during the day. We consider Innovator ETFs very steady. Innovator ETFs Trust holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Innovator ETFs Trust, which you can use to evaluate the volatility of the entity. Please check out Innovator ETFs' Downside Deviation of 0.4292, risk adjusted performance of 0.1016, and Market Risk Adjusted Performance of 0.1219 to validate if the risk estimate we provide is consistent with the expected return of 0.0581%.
Innovator Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Innovator |
Sharpe Ratio = 0.1387
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Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Innovator ETFs is performing at about 10% 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 ETFs by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 274.1 K |
Innovator ETFs Valuation on March 21, 2024
It is possible to determine the worth of Innovator ETFs on a given historical date. On March 21, 2024 Innovator was worth 26.17 at the beginning of the trading date compared to the closed value of 26.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovator ETFs etf. Still, in general, we apply an absolute valuation method to find Innovator ETFs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Innovator ETFs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovator ETFs' related companies.
| Open | High | Low | Close | Volume | |
| 26.11 | 26.11 | 26.11 | 26.11 | 28.00 | |
03/21/2024 | 26.17 | 26.17 | 26.17 | 26.17 | 200.00 |
| 26.14 | 26.20 | 26.14 | 26.17 | 9,390 |
| Backtest Innovator ETFs | | | Innovator ETFs History | | | Innovator ETFs Valuation | Previous | Next |
Innovator ETFs Trading Date Momentum on March 21, 2024
| On March 22 2024 Innovator ETFs Trust was traded for 26.17 at the closing time. The top price for the day was 26.20 and the lowest listed price was 26.14 . The trading volume for the day was 9.4 K. The trading history from March 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.04% . |
Innovator ETFs Trust Fundamentals Correlations and Trends
By evaluating Innovator ETFs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Innovator ETFs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innovator financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innovator ETFs Etf history
Innovator ETFs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Innovator is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innovator ETFs Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Innovator ETFs stock prices may prove useful in developing a viable investing in Innovator ETFs
The fund will invest at least 80 percent of its net assets in a portfolio of FLexible EXchange Options that reference the SPDR SP 500 ETF Trust , an exchange-traded fund registered under the Investment Company Act of 1940 . Innovator is traded on BATS Exchange in the United States.
Innovator ETFs Etf Technical Analysis
Innovator ETFs 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, etf market cycles, or different charting patterns.
Price Boundaries
Innovator ETFs Period Price Range
Low | March 21, 2024
| High |
26.17 | 26.17 |
Innovator ETFs May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Innovator ETFs 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 ETFs shares will generate the highest return on investment. By undertsting and applying Innovator ETFs etf market strength indicators, traders can identify Innovator ETFs Trust entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 26.17 | |||
| Day Typical Price | 26.17 | |||
| Period Momentum Indicator | 0.55 | |||
| Relative Strength Index | 65.33 |
Innovator ETFs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovator ETFs' price direction in advance. Along with the technical and fundamental analysis of Innovator Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovator to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1016 | |||
| Jensen Alpha | 0.0272 | |||
| Total Risk Alpha | 0.0179 | |||
| Sortino Ratio | 0.0035 | |||
| Treynor Ratio | 0.1119 |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Innovator ETFs Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Innovator ETFs Trust 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 ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' 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 ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' 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 ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' 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.