ASHS Stock Summary and Trading Ideas (X-Trackers Harvest Csi 500 China-A Shares Small Cap | ARCA:ASHS)

Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS), the first exchange-traded fund to offer U.S. investors direct access to small-cap China A-share equities. The Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the China Securities 500 Index (CSI 500 Index). The index aims to track 500 small cap companies listed on the Shanghai and Shenzhen stock exchanges.

X-Trackers Harvest Csi 500 China-A Shares Small Cap trades on the ARCA stock market under the symbol ASHS.

As of May 10, 2024, ASHS stock price declined to $27.29 with 2,646 million shares trading.

ASHS has a market cap of $21.83 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, ASHS stock traded as high as $43.70 and as low as $22.02.

ASHS stock has underperformed the market in the last year with a return of -13.7%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ASHS shares. However, ASHS has outperformed the market in the last 3 month and 2 week periods, returning +7.4% and +3.2%, while SPY returned +4.2% and +2.5%, respectively. This indicates ASHS has been having a stronger performance recently.

ASHS support price is $27.23 and resistance is $28.05 (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 ASHS stock will trade within this expected range on the day.