NFRA Stock Summary and Trading Ideas (Flexshares Stoxx Global Broad Infrastructure | ARCA:NFRA)

FlexShares STOXX Global Broad Infrastructure Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the STOXX Global Broad Infrastructure Index Fund.

Flexshares Stoxx Global Broad Infrastructure trades on the ARCA stock market under the symbol NFRA.

As of December 13, 2024, NFRA stock price declined to $56.68 with 62,857 million shares trading.

NFRA has a beta of 0.39, meaning it tends to be less sensitive to market movements. NFRA has a correlation of 0.23 to the broad based SPY ETF.

NFRA has a market cap of $2.45 billion. This is considered a Mid Cap stock.

In the last 3 years, NFRA traded as high as $59.97 and as low as $43.81.

NFRA has underperformed the market in the last year with a price return of +9.0% while the SPY ETF gained +29.9%. NFRA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.1% and -3.9%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

NFRA support price is $56.47 and resistance is $57.18 (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 NFRA shares will trade within this expected range on the day.