BBCA Stock Summary and Trading Ideas (JPMorgan Betabuilders Canada ETF | BATS:BBCA)

JPMorgan BetaBuilders Canada ETF seeks investment results that closely correspond to the Morningstar Canada Target Market Exposure Index.The Index is a free-float adjusted market-cap weighted index consisting of stocks traded primarily on the Toronto Stock Exchange.

JPMorgan Betabuilders Canada ETF trades on the BATS stock market under the symbol BBCA.

As of April 19, 2024, BBCA stock price climbed to $64.70 with 1,640,356 million shares trading.

BBCA has a beta of 1.06, meaning it tends to be more sensitive to market movements. BBCA has a correlation of 0.59 to the broad based SPY ETF.

BBCA has a market cap of $6.91 billion. This is considered a Mid Cap stock.

In the last 3 years, BBCA stock traded as high as $71.60 and as low as $51.35.

BBCA has underperformed the market in the last year with a return of +6.9%, while the SPY ETF gained +21.2%. In the last 3 month period, BBCA fell short of the market, returning +4.1%, while SPY returned +4.3%. However, in the most recent 2 weeks BBCA has outperformed the stock market by returning -2.4%, while SPY returned -3.5%.

BBCA support price is $63.66 and resistance is $64.76 (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 BBCA stock will trade within this expected range on the day.