7-Nov-2024
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The T-REX 2X Long Apple Daily Target ETF (the "Fund") seeks daily leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify (200%) the daily performance of the publicly-traded common stock of Apple Inc. (NASDAQ AAPL).
ETF Opportunities Trust T-Rex 2X Long Apple Daily Target ETF trades on the BATS stock market under the symbol AAPX.
As of November 7, 2024, AAPX stock price climbed to $32.58 with 16,941 million shares trading.
AAPX has a beta of 2.04, meaning it tends to be more sensitive to market movements. AAPX has a correlation of 0.27 to the broad based SPY ETF.
AAPX has a market cap of $6.52 million. This is considered a Sub-Micro Cap stock.
AAPX support price is $30.38 and resistance is $32.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAPX shares will trade within this expected range on the day.