BBAX Stock Summary and Trading Ideas (JPMorgan Betabuilders Developed Asia Pacific Ex-Japan ETF | BATS:BBAX)

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF seeks investment results that closely correspond to the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index. The Index is a free-float adjusted market-cap weighted index consisting of stocks from Australia, Hong Kong, New Zealand and Singapore.

JPMorgan Betabuilders Developed Asia Pacific Ex-Japan ETF trades on the BATS stock market under the symbol BBAX.

As of April 25, 2024, BBAX stock price declined to $46.70 with 128,669 million shares trading.

BBAX has a beta of 0.97, meaning it tends to be less sensitive to market movements. BBAX has a correlation of 0.54 to the broad based SPY ETF.

BBAX has a market cap of $4.46 billion. This is considered a Mid Cap stock.

In the last 3 years, BBAX stock traded as high as $60.76 and as low as $41.33.

BBAX has underperformed the market in the last year with a return of -2.0%, while the SPY ETF gained +23.1%. In the last 3 month period, BBAX fell short of the market, returning -1.1%, while SPY returned +3.6%. However, in the most recent 2 weeks BBAX has outperformed the stock market by returning -2.1%, while SPY returned -2.5%.

BBAX support price is $46.45 and resistance is $47.43 (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 BBAX stock will trade within this expected range on the day.