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

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 - January trades on the BATS stock market under the symbol KJAN.

As of May 10, 2024, KJAN stock price declined to $34.97 with 14,651 million shares trading.

KJAN has a beta of 0.76, meaning it tends to be less sensitive to market movements. KJAN has a correlation of 0.56 to the broad based SPY ETF.

KJAN has a market cap of $409.97 million. This is considered a Small Cap stock.

In the last 3 years, KJAN stock traded as high as $35.49 and as low as $27.47.

KJAN has underperformed the market in the last year with a price return of +14.9% while the SPY ETF gained +27.8%. KJAN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.0% and +1.6%, respectively, while the SPY returned +4.2% and +2.5%, respectively.

KJAN support price is $34.84 and resistance is $35.36 (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 KJAN stock will trade within this expected range on the day.