EFAV Stock Summary and Trading Ideas (iShares MSCI Eafe Min Vol Factor ETF | BATS:EFAV)

The iShares MSCI EAFE Min Vol Factor ETF seeks to track the investment results of an index composed of developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed equity markets, excluding the U.S. and Canada.

iShares MSCI Eafe Min Vol Factor ETF trades on the BATS stock market under the symbol EFAV.

As of April 24, 2024, EFAV stock price declined to $69.51 with 309,923 million shares trading.

EFAV has a beta of 0.60, meaning it tends to be less sensitive to market movements. EFAV has a correlation of 0.46 to the broad based SPY ETF.

EFAV has a market cap of $6.71 billion. This is considered a Mid Cap stock.

In the last 3 years, EFAV stock traded as high as $79.65 and as low as $54.96.

EFAV has underperformed the market in the last year with a return of +1.7%, while the SPY ETF gained +24.2%. In the last 3 month period, EFAV fell short of the market, returning +1.3%, while SPY returned +4.6%. However, in the most recent 2 weeks EFAV has outperformed the stock market by returning -0.6%, while SPY returned -2.7%.

EFAV support price is $69.39 and resistance is $70.29 (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 EFAV stock will trade within this expected range on the day.