FJP Stock Summary and Trading Ideas (First Trust Japan Alphadex | NASDAQ:FJP)

The First Trust Japan AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the NASDAQ AlphaDEX Japan Index. The NASDAQ AlphaDEX Japan Index is an "enhanced" index created and administered by The NASDAQ OMX Group, Inc. ("NASDAQ") which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Japan Index that meet certain criteria. NASDAQ constructs the NASDAQ AlphaDEX Japan Index by ranking the eligible stocks from the NASDAQ Japan Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style.

First Trust Japan Alphadex trades on the NASDAQ stock market under the symbol FJP.

As of March 4, 2025, FJP stock price declined to $54.21 with 6,597 million shares trading.

FJP has a beta of 0.80, meaning it tends to be less sensitive to market movements. FJP has a correlation of 0.37 to the broad based SPY ETF.

FJP has a market cap of $154.50 million. This is considered a Micro Cap stock.

In the last 3 years, FJP traded as high as $55.45 and as low as $36.88.

FJP has underperformed the market in the last year with a return of +3.4%, while SPY returned +13.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FJP shares. However, FJP has outperformed the market in the last 3 month and 2 week periods, returning +1.6% and +1.1%, while SPY returned -4.2% and -5.4%, respectively. This indicates FJP has been having a stronger performance recently.

FJP support price is $53.70 and resistance is $55.10 (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 FJP shares will trade within this expected range on the day.