JOF Stock Summary and Trading Ideas (Japan Smaller Capitalization | NYSE:JOF)

The funds objective is growth through investment in the Japanese small cap equity market. The Fund has recently moved to a more diversified strategy emphasizing value investing. Specifically, the Fund seeks to invest in undervalued stocks that offer fundamental strength and potential for improvement. The Fund performs extensive fundamental research to identify stocks that can create shareholder value. The Fund focuses on company leaders in certain niche markets, companies with large or expanding market shares, stocks with superior shareholder distribution policies, and stocks that offer good growth prospects. The fund seeks to exploit valuation anomalies, through active management, in the Japanese small cap equity market.

Japan Smaller Capitalization trades on the NYSE stock market under the symbol JOF.

As of May 6, 2024, JOF stock price climbed to $7.88 with 28,484 million shares trading.

JOF has a beta of 0.75, meaning it tends to be less sensitive to market movements. JOF has a correlation of 0.46 to the broad based SPY ETF.

JOF has a market cap of $223.27 million. This is considered a Small Cap stock.

In the last 3 years, JOF stock traded as high as $9.62 and as low as $5.55.

JOF has underperformed the market in the last year with a return of +16.7%, while the SPY ETF gained +27.7%. In the last 3 month period, JOF fell short of the market, returning +2.9%, while SPY returned +4.4%. However, in the most recent 2 weeks JOF has outperformed the stock market by returning +4.4%, while SPY returned +3.9%.

JOF support price is $7.78 and resistance is $7.94 (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 JOF stock will trade within this expected range on the day.