FOVL Stock Summary and Trading Ideas (iShares Focused Value Factor ETF | ARCA:FOVL)

The iShares Focused Value Factor ETF (the Fund ) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with prominent value characteristics. The top 10% of constituents are screened out based on 12-month realized volatility, and then from there the top 10% of constituents with the most leverage are also screened out. Following these two initial screens for companies with these relatively more risky characteristics, the remaining companies are evaluated to exclude companies with a negative sentiment score, which is determined by examining the prospective earnings per share estimates for the current and following fiscal year. The remaining companies are then ranked based on a weighted composite score of four value factor metrics; price-to-book, price-to-dividend, price-to-earnings and price-to-cash flow from operations (the Composite Score ).

iShares Focused Value Factor ETF trades on the ARCA stock market under the symbol FOVL.

As of April 25, 2024, FOVL stock price declined to $59.18 with 252 million shares trading.

FOVL has a market cap of $35.51 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, FOVL stock traded as high as $63.10 and as low as $45.01.

FOVL stock has underperformed the market in the last year with a return of +18.2%, while SPY returned +22.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FOVL shares. However, FOVL has outperformed the market in the last 3 month and 2 week periods, returning +3.8% and -2.1%, while SPY returned +3.1% and -3.0%, respectively. This indicates FOVL has been having a stronger performance recently.

FOVL support price is $59.41 and resistance is $60.72 (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 FOVL stock will trade within this expected range on the day.