EEMV Stock Summary and Trading Ideas (iShares Edge MSCI Min Vol Emerging Markets ETF | BATS:EEMV)

The iShares Edge MSCI Min Vol Emerging Markets ETF seeks to track the investment results of an index composed of emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader emerging equity markets.

iShares Edge MSCI Min Vol Emerging Markets ETF trades on the BATS stock market under the symbol EEMV.

As of April 15, 2024, EEMV stock price declined to $55.74 with 355,664 million shares trading.

EEMV has a beta of 0.58, meaning it tends to be less sensitive to market movements. EEMV has a correlation of 0.47 to the broad based SPY ETF.

EEMV has a market cap of $4.35 billion. This is considered a Mid Cap stock.

In the last 3 years, EEMV stock traded as high as $65.74 and as low as $49.30.

EEMV has underperformed the market in the last year with a return of +3.8%, while the SPY ETF gained +25.3%. In the last 3 month period, EEMV fell short of the market, returning +1.3%, while SPY returned +6.2%. However, in the most recent 2 weeks EEMV has outperformed the stock market by returning -1.5%, while SPY returned -3.6%.

EEMV support price is $55.50 and resistance is $56.12 (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 EEMV stock will trade within this expected range on the day.