ASHR Stock Summary and Trading Ideas (X-Trackers Harvest Csi 300 China A-Shares | ARCA:ASHR)

Xtrackers Harvest CSI 300 China A-Shares ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the CSI 300 Index. The CSI 300 Index is designed to reflect the price fluctuation and performance of the China A-share market and is composed of the 300 largest and most liquid stocks in the China A-share market. ASHR is subadvised by Harvest Global Investments Limited. The continued strategic partnership between DWS and Harvest Global Investments Limited provides investors with unique access to the expansive Chinese economy and stock market.

X-Trackers Harvest Csi 300 China A-Shares trades on the ARCA stock market under the symbol ASHR.

As of April 22, 2024, ASHR stock price declined to $24.17 with 1,686,960 million shares trading.

ASHR has a beta of 0.45, meaning it tends to be less sensitive to market movements. ASHR has a correlation of 0.08 to the broad based SPY ETF.

ASHR has a market cap of $1.69 billion. This is considered a Small Cap stock.

In the last 3 years, ASHR stock traded as high as $42.23 and as low as $21.56.

ASHR stock has underperformed the market in the last year with a return of -15.2%, while SPY returned +22.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ASHR shares. However, ASHR has outperformed the market in the last 3 month and 2 week periods, returning +8.8% and -0.2%, while SPY returned +3.7% and -3.7%, respectively. This indicates ASHR has been having a stronger performance recently.

ASHR support price is $24.04 and resistance is $24.56 (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 ASHR stock will trade within this expected range on the day.