KAPR Stock Summary and Trading Ideas (Innovator Russell 2000 Power Buffer ETF - April | BATS:KAPR)

The Innovator Russell 2000 Power Buffer ETF seeks to track the price return of the Russell 2000, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

Innovator Russell 2000 Power Buffer ETF - April trades on the BATS stock market under the symbol KAPR.

As of April 17, 2024, KAPR stock price declined to $29.61 with 62,870 million shares trading.

KAPR has a beta of 0.72, meaning it tends to be less sensitive to market movements. KAPR has a correlation of 0.56 to the broad based SPY ETF.

KAPR has a market cap of $156.93 million. This is considered a Micro Cap stock.

In the last 3 years, KAPR stock traded as high as $32.59 and as low as $23.55.

KAPR has underperformed the market in the last year with a return of +12.3%, while the SPY ETF gained +23.0%. In the last 3 month period, KAPR fell short of the market, returning +4.8%, while SPY returned +5.7%. However, in the most recent 2 weeks KAPR has outperformed the stock market by returning -3.3%, while SPY returned -3.5%.

KAPR support price is $29.57 and resistance is $30.15 (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 KAPR stock will trade within this expected range on the day.