(SAJP) iShares MSCI Japan ESG - Ratings and Ratios

The iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) USD, traded as SAJP on the Swiss market, is an exchange-traded fund that tracks the Morningstar Japan TME NR JPY index. This ETF is categorized under Japan Large-Cap Blend Equity, indicating its focus on large-cap Japanese equities with a blend of growth and value investment styles.

As an ESG (Environmental, Social, and Governance) screened ETF, it adheres to certain sustainability criteria, excluding companies that do not meet specific ESG standards. This makes it an attractive option for investors seeking to align their investments with their values on sustainability and ethical business practices.

Analyzing the ETFs technical data, we observe that it is currently trading at $7.22, exactly on its 20-day Simple Moving Average (SMA), indicating a potential balance between short-term bulls and bears. The 50-day SMA and 200-day SMA stand at $6.94 and $6.81, respectively, suggesting an overall upward trend in the medium to long term. The Average True Range (ATR) of 0.05 or 0.73% indicates relatively low volatility, making it a relatively stable investment option.

With Assets Under Management (AUM) of approximately $1.471 billion USD, the ETF demonstrates a considerable presence in the market, suggesting liquidity and investor confidence. The funds size also implies that it can effectively track its underlying index with minimal tracking error.

Forecasting based on the provided technical and fundamental data, we can anticipate that the ETF will continue its upward trajectory, potentially testing its 52-week high of $7.33. The alignment of the short-term, medium-term, and long-term SMAs in an upward sequence supports this bullish outlook. Additionally, the relatively low ATR suggests that significant price swings are less likely, making it a stable growth investment. However, investors should monitor the ETFs ability to sustain its price above the $7.22 level and its reaction to broader market trends and economic indicators.

Investors considering SAJP should also be aware of the overall performance of the Japanese equity market, the impact of currency fluctuations (since the ETF is denominated in USD but tracks a JPY index), and any changes in ESG regulations or investor preferences that could affect the funds composition and attractiveness.