BBJP Stock Summary and Trading Ideas (JPMorgan Betabuilders Japan ETF | BATS:BBJP)

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Japan Target Market Exposure Index. The Underlying Index is a free float adjusted market capitalization weighted index which consists of stocks traded primarily on the Tokyo Stock Exchange or the Nagoya Stock Exchange. The Underlying Index targets 85% of those stocks by market capitalization, and primarily includes large- and mid-capitalization companies, although small capitalization companies may be included. Components of the Underlying Index are allocated across various sectors, including the consumer discretionary, industrials and information technology sectors. The components of the Underlying Index and the sectors represented are likely to change over time.

JPMorgan Betabuilders Japan ETF trades on the BATS stock market under the symbol BBJP.

As of April 30, 2024, BBJP stock price declined to $55.34 with 1,004,462 million shares trading.

BBJP has a beta of 0.96, meaning it tends to be less sensitive to market movements. BBJP has a correlation of 0.58 to the broad based SPY ETF.

BBJP has a market cap of $11.24 billion. This is considered a Large Cap stock.

In the last 3 years, BBJP stock traded as high as $61.89 and as low as $39.87.

BBJP has underperformed the market in the last year with a price return of +17.2% while the SPY ETF gained +22.3%. BBJP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.1% and -2.1%, respectively, while the SPY returned +2.5% and -0.5%, respectively.

BBJP support price is $55.18 and resistance is $56.26 (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 BBJP stock will trade within this expected range on the day.