EWS Stock Summary and Trading Ideas (iShares MSCI Singapore ETF | ARCA:EWS)

The iShares MSCI Singapore ETF seeks to track the investment results of an index composed of Singaporean equities. The Fund seeks to track the investment results of the MSCI Singapore 25/50 Index (the Underlying Index ), which is designed to measure the performance of the large- and mid-cap segments of the Singapore market. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the Underlying Index. Additionally, the sum of the components that individually constitute more than 5% of the weight of the Underlying Index cannot exceed a maximum of 50% of the weight of the Underlying Index in the aggregate.

iShares MSCI Singapore ETF trades on the ARCA stock market under the symbol EWS.

As of April 24, 2024, EWS stock price declined to $18.88 with 358,458 million shares trading.

EWS has a beta of 0.79, meaning it tends to be less sensitive to market movements. EWS has a correlation of 0.34 to the broad based SPY ETF.

EWS has a market cap of $424.80 million. This is considered a Small Cap stock.

In the last 3 years, EWS stock traded as high as $24.52 and as low as $16.16.

EWS stock has underperformed the market in the last year with a return of +0.5%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EWS shares. However, EWS has outperformed the market in the last 3 month and 2 week periods, returning +6.8% and +1.0%, while SPY returned +4.6% and -2.7%, respectively. This indicates EWS has been having a stronger performance recently.

EWS support price is $18.72 and resistance is $19.10 (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 EWS stock will trade within this expected range on the day.