PDEC Stock Summary and Trading Ideas (Innovator U.S. Equity Power Buffer ETF - December | BATS:PDEC)

The Fund seeks to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust, up to the upside cap of 14.16% (prior to taking into account management fees and other fees) while providing a buffer against the first 15% (prior to taking into account management fees and other fees) of SPDR S&P 500 ETF Trust losses, over the period from December 1, 2023 to November 30, 2024. The Fund invests at least 80% of its net assets in FLexible EXchange Options ("FLEX Options") that reference the SPDR S&P 500 ETF Trust (the "Underlying ETF").

Innovator U.S. Equity Power Buffer ETF - December trades on the BATS stock market under the symbol PDEC.

As of December 13, 2024, PDEC stock price declined to $38.87 with 225,783 million shares trading.

PDEC has a beta of 0.26, meaning it tends to be less sensitive to market movements. PDEC has a correlation of 0.68 to the broad based SPY ETF.

PDEC has a market cap of $888.18 million. This is considered a Small Cap stock.

In the last 3 years, PDEC traded as high as $39.06 and as low as $28.09.

PDEC has underperformed the market in the last year with a price return of +12.5% while the SPY ETF gained +31.7%. PDEC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.1% and +0.2%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

PDEC support price is $38.80 and resistance is $38.96 (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 PDEC shares will trade within this expected range on the day.