AOA Stock Summary and Trading Ideas (iShares Core Aggressive Allocation ETF | ARCA:AOA)

The iShares S&P Aggressive Allocation Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Target Risk Aggressive Index.

iShares Core Aggressive Allocation ETF trades on the ARCA stock market under the symbol AOA.

As of September 18, 2024, AOA stock price declined to $77.11 with 87,560 million shares trading.

AOA has a beta of 0.78, meaning it tends to be less sensitive to market movements. AOA has a correlation of 0.92 to the broad based SPY ETF.

AOA has a market cap of $2.04 billion. This is considered a Mid Cap stock.

In the last 3 years, AOA stock traded as high as $77.85 and as low as $54.00.

AOA has underperformed the market in the last year with a price return of +20.2% while the SPY ETF gained +27.8%. However, in the short term, AOA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.8% vs +2.9% return in SPY. But in the last 2 weeks, AOA shares have been beat by the market, returning +1.3% compared to an SPY return of +1.7%.

AOA support price is $76.79 and resistance is $77.83 (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 AOA stock will trade within this expected range on the day.