EMB Stock Summary and Trading Ideas (iShares JP Morgan USD Emerging Markets Bond ETF | NASDAQ:EMB)

The iShares JPMorgan USD Emerging Markets Bond Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the JPMorgan EMBI Global Core Index.

iShares JP Morgan USD Emerging Markets Bond ETF trades on the NASDAQ stock market under the symbol EMB.

As of April 23, 2024, EMB stock price climbed to $88.13 with 5,457,179 million shares trading.

EMB has a beta of 0.49, meaning it tends to be less sensitive to market movements. EMB has a correlation of 0.42 to the broad based SPY ETF.

EMB has a market cap of $14.01 billion. This is considered a Large Cap stock.

In the last 3 years, EMB stock traded as high as $113.64 and as low as $76.35.

EMB has underperformed the market in the last year with a return of +9.0%, while the SPY ETF gained +24.2%. In the last 3 month period, EMB fell short of the market, returning +1.9%, while SPY returned +4.8%. However, in the most recent 2 weeks EMB has outperformed the stock market by returning -1.3%, while SPY returned -2.6%.

EMB support price is $87.54 and resistance is $88.44 (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 EMB stock will trade within this expected range on the day.