EWH Stock Summary and Trading Ideas (iShares MSCI Hong Kong ETF | ARCA:EWH)

The iShares MSCI Hong Kong ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Hong Kong market as measured by the MSCI Hong Kong 25/50 Index.

iShares MSCI Hong Kong ETF trades on the ARCA stock market under the symbol EWH.

As of April 23, 2024, EWH stock price climbed to $15.25 with 1,384,441 million shares trading.

EWH has a beta of 0.91, meaning it tends to be less sensitive to market movements. EWH has a correlation of 0.31 to the broad based SPY ETF.

EWH has a market cap of $481.52 million. This is considered a Small Cap stock.

In the last 3 years, EWH stock traded as high as $28.17 and as low as $14.64.

EWH has underperformed the market in the last year with a return of -22.4%, while the SPY ETF gained +24.3%. In the last 3 month period, EWH fell short of the market, returning -0.7%, while SPY returned +4.9%. However, in the most recent 2 weeks EWH has outperformed the stock market by returning -2.2%, while SPY returned -2.5%.

EWH support price is $14.83 and resistance is $15.16 (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 EWH stock will trade within this expected range on the day.