(BBCA) JPMorgan BetaBuilders - Ratings and Ratios

The JPMorgan BetaBuilders Canada ETF (BBCA) is designed to track the performance of a free float-adjusted, market capitalization-weighted index composed of stocks primarily listed on the Toronto Stock Exchange. The fund invests at least 80% of its assets in securities included in the underlying index, which provides exposure to a broad range of Canadian equities across various sectors. The index is weighted by market capitalization, giving larger companies a greater influence on performance. To enhance returns or hedge against currency fluctuations, the fund may allocate up to 20% of its assets in exchange-traded futures and forward foreign currency contracts.

As of the latest data, the fund has an average trading volume of 325,300 shares over the past 20 days, with a last price of $73.80. Its short-term moving averages (20-day: $70.78, 50-day: $71.46) indicate recent upward momentum, while its 200-day average ($70.59) suggests a modest long-term uptrend. The Average True Range (ATR) of 1.65 reflects moderate price volatility. With assets under management (AUM) of $7.402 billion, the fund is well-established and liquid, offering exposure to Canadas equity market.

3-Month Forecast: - Technical Outlook: The funds price is expected to remain above its 200-day SMA ($70.59), supported by its current position above the 20-day ($70.78) and 50-day ($71.46) averages. The ATR of 1.65 suggests volatility will remain manageable, with potential price fluctuations within a $2-3 range. - Fundamental Outlook: The funds AUM of $7.402 billion indicates strong investor confidence and liquidity. Given its broad exposure to Canadian equities, the funds performance will closely align with the Toronto Stock Exchanges overall movement. Expect moderate growth, consistent with Canadas economic outlook and corporate earnings trends.