Innovator Growth Accelerated Etf Performance
| QTJL Etf | USD 32.40 0.22 0.68% |
The etf retains a Market Volatility (i.e., Beta) of 0.78, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innovator Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Growth is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Growth Accelerated are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite quite abnormal forward-looking indicators, Innovator Growth may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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| In Threey Sharp Ratio | 0.09 |
Innovator |
Innovator Growth Relative Risk vs. Return Landscape
If you would invest 2,939 in Innovator Growth Accelerated on August 31, 2024 and sell it today you would earn a total of 279.00 from holding Innovator Growth Accelerated or generate 9.49% return on investment over 90 days. Innovator Growth Accelerated is currently generating 0.1473% in daily expected returns and assumes 0.8128% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Innovator, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Innovator Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Growth's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Growth Accelerated, and traders can use it to determine the average amount a Innovator Growth'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 = 0.1812
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Innovator Growth is performing at about 14% 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 Growth by adding it to a well-diversified portfolio.
Innovator Growth Fundamentals Growth
Innovator Etf prices reflect investors' perceptions of the future prospects and financial health of Innovator Growth, and Innovator Growth 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 | 13.47 M | |||
About Innovator Growth Performance
By examining Innovator Growth's fundamental ratios, stakeholders can obtain critical insights into Innovator Growth's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Innovator Growth is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund invests at least 80 percent of its net assets in a portfolio of FLexible EXchange Options that reference the Invesco QQQ TrustSM, Series 1 . Innovator Growth is traded on BATS Exchange in the United States.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Innovator Growth Accelerated. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Innovator Growth Acc 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 Growth's value that differs from its market value or its book value, called intrinsic value, which is Innovator Growth'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 Growth's market value can be influenced by many factors that don't directly affect Innovator Growth'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 Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Growth'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.