APRZ Stock Summary and Trading Ideas (Trueshares Structured Outcome April ETF | BATS:APRZ)

The TrueShares Structured Outcome ETF Series utilizes a buffer protect options strategy, that seeks to provide investors with returns (before fees and expenses) that track those of the S&P 500 Index while seeking to provide an 8-12% downside buffer (with the advisor targeting 10%) on the first of that index s losses over a 12-month investment period. The APRZ defined investment period begins on April 1, 2020 and resets exactly 12 months later. The strategy is implemented through the purchase and sale of options on the S&P 500 Price Index or an ETF that tracks the S&P 500 Price Return Index. While there is no guarantee the Fund will be successful in providing these outcomes in any period, the intent of the ETFs in the series is to provide uncapped equity market upside participation

Trueshares Structured Outcome April ETF trades on the BATS stock market under the symbol APRZ.

As of April 19, 2024, APRZ stock price was flat at $31.15 with million shares trading.

APRZ has a beta of 0.58, meaning it tends to be less sensitive to market movements. APRZ has a correlation of 0.79 to the broad based SPY ETF.

APRZ has a market cap of $22.74 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, APRZ stock traded as high as $32.25 and as low as $23.37.

APRZ stock has underperformed the market in the last year with a return of +17.2%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in APRZ shares. However, APRZ has outperformed the market in the last 3 month and 2 week periods, returning +4.9% and -1.9%, while SPY returned +4.3% and -3.5%, respectively. This indicates APRZ has been having a stronger performance recently.

APRZ support price is $30.98 and resistance is $31.31 (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 APRZ stock will trade within this expected range on the day.