CCOR Stock Summary and Trading Ideas (Cambria Core Equity ETF | ARCA:CCOR)

The Cambria Core Equity ETF (NYSE: CCOR) utilizes a combination of several strategies to produce capital appreciation while reducing risk exposure across market conditions. Under normal market conditions, at least 80% of the value of the Fund s net assets will be invested in equity securities. The fund intends to invest the remaining value of its net assets in options where pricing provides favorable risk/reward models and where gains can be attained independent of the direction of the broader U.S. equity market. The Fund uses proprietary models and analysis of historical portfolio profit and loss information to identify favorable option trading opportunities, including favorable call and put option spreads.

Cambria Core Equity ETF trades on the ARCA stock market under the symbol CCOR.

As of April 24, 2024, CCOR stock price declined to $26.33 with 54,927 million shares trading.

CCOR has a beta of -0.16, meaning it tends to be less sensitive to market movements. CCOR has a correlation of 0.07 to the broad based SPY ETF.

CCOR has a market cap of $155.08 million. This is considered a Micro Cap stock.

In the last 3 years, CCOR stock traded as high as $33.55 and as low as $25.53.

CCOR has underperformed the market in the last year with a return of -9.5%, while the SPY ETF gained +24.2%. In the last 3 month period, CCOR fell short of the market, returning -3.0%, while SPY returned +4.6%. However, in the most recent 2 weeks CCOR has outperformed the stock market by returning +0.9%, while SPY returned -2.7%.

CCOR support price is $26.20 and resistance is $26.57 (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 CCOR stock will trade within this expected range on the day.