Innovator Loup Frontier Etf Market Value
| LOUP Etf | USD 43.58 1.10 2.59% |
| Symbol | Innovator |
The market value of Innovator Loup Frontier 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 Loup's value that differs from its market value or its book value, called intrinsic value, which is Innovator Loup'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 Loup's market value can be influenced by many factors that don't directly affect Innovator Loup'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 Loup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Loup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Loup'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.
Innovator Loup 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Innovator Loup's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Innovator Loup.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in Innovator Loup on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding Innovator Loup Frontier or generate 0.0% return on investment in Innovator Loup over 30 days. Innovator Loup is related to or competes with ARK Genomic, ARK Innovation, and ARK Space. The fund will normally invest at least 80 percent of its net assets in the securities that comprise the index More
Innovator Loup Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Innovator Loup's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Innovator Loup Frontier upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.87 |
Innovator Loup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Loup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovator Loup's standard deviation. In reality, there are many statistical measures that can use Innovator Loup historical prices to predict the future Innovator Loup's volatility.| Risk Adjusted Performance | 0.0289 | |||
| Jensen Alpha | 0.0464 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (3.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovator Loup's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Innovator Loup Frontier Backtested Returns
We consider Innovator Loup very steady. Innovator Loup Frontier holds Efficiency (Sharpe) Ratio of 0.0176, which attests that the entity had a 0.0176% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Innovator Loup Frontier, which you can use to evaluate the volatility of the entity. Please check out Innovator Loup's Market Risk Adjusted Performance of (3.16), risk adjusted performance of 0.0289, and Downside Deviation of 1.34 to validate if the risk estimate we provide is consistent with the expected return of 0.0269%. The etf retains a Market Volatility (i.e., Beta) of -0.0143, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Innovator Loup are expected to decrease at a much lower rate. During the bear market, Innovator Loup is likely to outperform the market.
Auto-correlation | 0.75 |
Good predictability
Innovator Loup Frontier has good predictability. Overlapping area represents the amount of predictability between Innovator Loup time series from 21st of March 2024 to 5th of April 2024 and 5th of April 2024 to 20th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Innovator Loup Frontier price movement. The serial correlation of 0.75 indicates that around 75.0% of current Innovator Loup price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 3.1 |
Innovator Loup Frontier lagged returns against current returns
Autocorrelation, which is Innovator Loup etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Innovator Loup's etf expected returns. We can calculate the autocorrelation of Innovator Loup returns to help us make a trade decision. For example, suppose you find that Innovator Loup has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Innovator Loup regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Innovator Loup etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innovator Loup etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innovator Loup etf over time.
Current vs Lagged Prices |
| Timeline |
Innovator Loup Lagged Returns
When evaluating Innovator Loup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innovator Loup etf have on its future price. Innovator Loup autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Innovator Loup autocorrelation shows the relationship between Innovator Loup etf current value and its past values and can show if there is a momentum factor associated with investing in Innovator Loup Frontier.
Regressed Prices |
| Timeline |
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 Loup 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 Loup's short interest history, or implied volatility extrapolated from Innovator Loup options trading.
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Innovator Loup 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.