22-Apr-2024
No headlines found.
No press releases found.
No news found.
The iShares S&P Asia 50 Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Standard & Poors Asia 50 Index.
iShares Asia 50 ETF trades on the NASDAQ stock market under the symbol AIA.
As of April 22, 2024, AIA stock price climbed to $59.07 with 10,020 million shares trading.
AIA has a beta of 1.09, meaning it tends to be more sensitive to market movements. AIA has a correlation of 0.46 to the broad based SPY ETF.
AIA has a market cap of $1.39 billion. This is considered a Small Cap stock.
In the last 3 years, AIA stock traded as high as $94.76 and as low as $44.42.
AIA has underperformed the market in the last year with a price return of +2.2% while the SPY ETF gained +22.9%. However, in the short term, AIA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +10.0% vs +3.7% return in SPY. But in the last 2 weeks, AIA shares have been beat by the market, returning -4.0% compared to an SPY return of -3.7%.
AIA support price is $57.46 and resistance is $58.76 (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 AIA stock will trade within this expected range on the day.