AIA Stock Summary and Trading Ideas (iShares Asia 50 ETF | NASDAQ:AIA)

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 19, 2024, AIA stock price declined to $58.11 with 27,487 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 0.48 to the broad based SPY ETF.

AIA has a market cap of $1.37 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 -1.0% while the SPY ETF gained +21.2%. However, in the short term, AIA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.8% vs +3.0% return in SPY. But in the last 2 weeks, AIA shares have been beat by the market, returning -5.3% compared to an SPY return of -4.5%.

AIA support price is $58.25 and resistance is $59.57 (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.