AEF Stock Summary and Trading Ideas (Aberdeen Emerging Markets | AMEX:AEF)

ABERDEEN EMERGING MARKETS EQUITY INCOME FUND, INC. is a closed-end investment company. Its investment objective is to seek total return, consisting of capital appreciation and income, by investing primarily in Chilean securities. It invests in the public equity and fixed income markets of Chile. The Fund invests in a range of sectors, including financials, consumer staples, utilities, consumer discretionary, materials, energy, information technology, telecommunication services, healthcare, real estate and industrials.

Aberdeen Emerging Markets trades on the AMEX stock market under the symbol AEF.

As of September 25, 2023, AEF stock price declined to $4.80 with 57,587 million shares trading.

AEF has a beta of 0.84, meaning it tends to be less sensitive to market movements. AEF has a correlation of 0.32 to the broad based SPY ETF.

AEF has a market cap of $243.61 million. This is considered a Small Cap stock.

In the last 3 years, AEF stock traded as high as $9.22 and as low as $4.26.

AEF has underperformed the market in the last year with a return of +6.6%, while the SPY ETF gained +17.2%. In the last 3 month period, AEF fell short of the market, returning -6.6%, while SPY returned -0.6%. However, in the most recent 2 weeks AEF has outperformed the stock market by returning -2.2%, while SPY returned -2.6%.

AEF support price is $4.79 and resistance is $4.91 (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 AEF stock will trade within this expected range on the day.