AEI Stock Summary and Trading Ideas (Alset | NASDAQ:AEI)

Alset Inc is a diversified holding company engaged through its subsidiaries in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities, and consumer products with operations in the United States, Singapore, Hong Kong, Australia, and South Korea. The Company operates in four business segments: real estate, digital transformation technology, Biohealth, and other business activities, and it derives a majority of its revenue from the Real Estate segment.

Alset trades on the NASDAQ stock market under the symbol AEI.

As of April 18, 2024, AEI stock price climbed to $0.62 with 19,042 million shares trading.

AEI has a beta of 1.75, meaning it tends to be more sensitive to market movements. AEI has a correlation of 0.07 to the broad based SPY ETF.

AEI has a market cap of $5.76 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, AEI stock traded as high as $224.60 and as low as $.60.

The top ETF exchange traded funds that AEI belongs to (by Net Assets): VXF, VTI.

AEI has underperformed the market in the last year with a return of -56.1%, while the SPY ETF gained +22.3%. In the last 3 month period, AEI fell short of the market, returning -53.4%, while SPY returned +6.1%. However, in the most recent 2 weeks AEI has outperformed the stock market by returning -2.7%, while SPY returned -3.8%.

AEI support price is $.57 and resistance is $.67 (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 AEI stock will trade within this expected range on the day.