JEQ Stock Summary and Trading Ideas (Aberdeen Japan Equity | NYSE:JEQ)

The Fund’s investment objective is capital appreciation, which it seeks through investment primarily in Japanese equity securities.

Aberdeen Japan Equity trades on the NYSE stock market under the symbol JEQ.

As of April 16, 2024, JEQ stock price declined to $5.88 with 15,466 million shares trading.

JEQ has a beta of 0.99, meaning it tends to be less sensitive to market movements. JEQ has a correlation of 0.44 to the broad based SPY ETF.

JEQ has a market cap of $80.71 million. This is considered a Micro Cap stock.

In the last 3 years, JEQ stock traded as high as $10.26 and as low as $4.92.

JEQ has underperformed the market in the last year with a price return of +16.0% while the SPY ETF gained +23.7%. JEQ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.7% and -4.1%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

JEQ support price is $5.90 and resistance is $6.04 (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 JEQ stock will trade within this expected range on the day.