BUFF Stock Summary and Trading Ideas (Innovator Laddered Of U.S. Equity Power Buffer ETF | BATS:BUFF)

The Fund seeks investment results that generally correspond (before fees and expenses) to the performance of the FTSE Laddered Power Buffer Strategy Price Return Index (the "Index"). The Index is composed of the shares of twelve Innovator U.S. Equity Power Buffer ETFs (each, an "Underlying ETF," and together, the "Underlying ETFs"). The Fund, in accordance with the Index, will be continuously invested in each of the Underlying ETFs and will rebalance semi-annually by purchasing and selling the Underlying ETFs to equally weight the Underlying ETFs. As further described below, each Underlying ETF seeks to provide a defined outcome based upon the price performance of the SPDR S&P 500 ETF Trust ("SPY") over the course of an approximately one-year time period (each, an "Outcome Period") that begins on the first day of the month indicated in the Underlying ETF's name.

Innovator Laddered Of U.S. Equity Power Buffer ETF trades on the BATS stock market under the symbol BUFF.

As of April 26, 2024, BUFF stock price climbed to $41.52 with 32,172 million shares trading.

BUFF has a beta of 0.56, meaning it tends to be less sensitive to market movements. BUFF has a correlation of 0.95 to the broad based SPY ETF.

BUFF has a market cap of $413.12 million. This is considered a Small Cap stock.

In the last 3 years, BUFF stock traded as high as $41.88 and as low as $32.01.

BUFF has underperformed the market in the last year with a return of +16.1%, while the SPY ETF gained +27.2%. In the last 3 month period, BUFF fell short of the market, returning +2.5%, while SPY returned +4.8%. However, in the most recent 2 weeks BUFF has outperformed the stock market by returning -0.1%, while SPY returned -1.6%.

BUFF support price is $41.11 and resistance is $41.52 (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 BUFF stock will trade within this expected range on the day.