NANR Stock Summary and Trading Ideas (SPDR S&P North American Natural Resources ETF | ARCA:NANR)

The ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P BMI North American Natural Resources Index. The Index comprises publicly traded large and mid-capitalization U.S. and Canadian companies in the natural resources and commodities businesses that meet certain investability requirements and are classified within the sub-industries of one of three natural resources categories: energy, materials or agriculture. The Index is a sub-set of the S&P Global Large Mid Cap Commodity and Resources Index (Parent Index). The Parent Index have a minimum float adjusted market capitalization of $1 billion and have a minimum three-month average daily trading value of $5 million. The Index consists of companies comprising the Parent Index that are domiciled in and pubicly traded principally in the U.S. or Canada. Each natural resources category includes companies classified within specific Global Industry Classification Standard (GICS) sub-industries according to the companys principal business activity.

SPDR S&P North American Natural Resources ETF trades on the ARCA stock market under the symbol NANR.

As of April 19, 2024, NANR stock price climbed to $55.96 with 31,161 million shares trading.

NANR has a beta of 0.57, meaning it tends to be less sensitive to market movements. NANR has a correlation of 0.12 to the broad based SPY ETF.

NANR has a market cap of $556.80 million. This is considered a Small Cap stock.

In the last 3 years, NANR stock traded as high as $61.96 and as low as $36.70.

NANR stock has underperformed the market in the last year with a return of +0.7%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NANR shares. However, NANR has outperformed the market in the last 3 month and 2 week periods, returning +18.0% and -0.4%, while SPY returned +4.3% and -3.5%, respectively. This indicates NANR has been having a stronger performance recently.

NANR support price is $54.98 and resistance is $56.32 (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 NANR stock will trade within this expected range on the day.