DBJP Stock Summary and Trading Ideas (X-Trackers MSCI Japan Hedged Equity | ARCA:DBJP)

The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Japan US Dollar Hedged Index. The index is designed to provide exposure to Japanese equity markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and Japanese yen.

X-Trackers MSCI Japan Hedged Equity trades on the ARCA stock market under the symbol DBJP.

As of April 18, 2024, DBJP stock price climbed to $72.01 with 13,370 million shares trading.

DBJP has a beta of 0.66, meaning it tends to be less sensitive to market movements. DBJP has a correlation of 0.31 to the broad based SPY ETF.

DBJP has a market cap of $385.25 million. This is considered a Small Cap stock.

In the last 3 years, DBJP stock traded as high as $75.57 and as low as $43.99.

DBJP has outperformed the market in the last year with a price return of +39.7% while the SPY ETF gained +22.3%. DBJP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.7% and -2.8%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

DBJP support price is $71.23 and resistance is $72.67 (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 DBJP stock will trade within this expected range on the day.