EFAX Stock Summary and Trading Ideas (SPDR MSCI Eafe Fossil Fuel Reserves Free ETF | ARCA:EFAX)

The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI EAFE ex Fossil Fuels Index. The MSCI EAFE ex Fossil Fuels Index is designed to measure the performance of companies in the MSCI EAFE Index (the Parent Index ) that do not own proved and probable coal, oil or natural gas reserves used for energy purposes. The Parent Index, which serves as the initial universe for eligible securities in the Index, captures large and mid-capitalization representation across developed market Europe, Australasia, and Far East countries, excluding the United States and Canada

SPDR MSCI Eafe Fossil Fuel Reserves Free ETF trades on the ARCA stock market under the symbol EFAX.

As of April 23, 2024, EFAX stock price climbed to $40.32 with 10,856 million shares trading.

EFAX has a beta of 0.92, meaning it tends to be less sensitive to market movements. EFAX has a correlation of 0.69 to the broad based SPY ETF.

EFAX has a market cap of $274.20 million. This is considered a Small Cap stock.

In the last 3 years, EFAX stock traded as high as $43.79 and as low as $28.72.

EFAX has underperformed the market in the last year with a return of +8.4%, while the SPY ETF gained +24.3%. In the last 3 month period, EFAX fell short of the market, returning +4.4%, while SPY returned +4.9%. However, in the most recent 2 weeks EFAX has outperformed the stock market by returning -2.2%, while SPY returned -2.5%.

EFAX support price is $39.51 and resistance is $40.20 (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 EFAX stock will trade within this expected range on the day.