GSJY Stock Summary and Trading Ideas (Goldman Sachs Activebeta Japan Equity ETF | ARCA:GSJY)

The Fund is passively managed & seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta Japan Equity Index, which delivers exposure to equity securities of Japanese issuers. Foreign investments may be more volatile and less liquid than investments in U.S. securities and are subject to the risks of currency fluctuations and adverse economic or political developments. Because of its exposure to Japan, the Fund subject to greater risk of loss as a result of adverse securities markets, exchange rates and social, political, regulatory or economic event which may occur in Japan. The securities of mid and small-capitalization companies involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements. The Index calculation methodology may rely on information based on assumptions and estimates and neither the Fund nor its investment adviser can guarantee the accuracy of the methodology assessment of included issuers. Performance may vary substantially from the performance of the Index as a result of transaction costs, expenses and other factors.

Goldman Sachs Activebeta Japan Equity ETF trades on the ARCA stock market under the symbol GSJY.

As of April 18, 2024, GSJY stock price declined to $36.89 with 473 million shares trading.

GSJY has a market cap of $22.13 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, GSJY stock traded as high as $40.87 and as low as $26.59.

GSJY has underperformed the market in the last year with a price return of +16.4% while the SPY ETF gained +22.3%. GSJY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.8% and -4.7%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

GSJY support price is $36.66 and resistance is $37.34 (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 GSJY stock will trade within this expected range on the day.