(EL44) Deka MSCI Japan - Ratings and Ratios

The Deka MSCI Japan UCITS ETF (XETRA: EL44) is a Germany-domiciled exchange-traded fund designed to track the performance of large-cap equities in Japan. It replicates the Morningstar Japan TME NR JPY Index, which focuses on leading Japanese companies across various sectors. The ETF provides exposure to Japans equity market, making it a targeted investment tool for portfolios seeking geographic diversification.

From a technical standpoint, the ETF currently trades at €9.82, with a 20-day average volume of 3,598 shares. Its short-term trend, indicated by the SMA 20 (€9.69), suggests a slight upward momentum, while the SMA 50 (€10.17) and SMA 200 (€10.17) point to a potential resistance level. The ATR of 0.21 reflects moderate volatility, indicating relatively stable price movements over the past 20 days.

Fundamentally, the ETF manages an AUM of €8,926.70 million, highlighting its popularity among investors seeking exposure to Japans large-cap market. The funds tracking error and expense ratio align with industry standards for UCITS-compliant ETFs, ensuring efficient replication of the underlying index.

3-Month Forecast: Based on and , the ETF is expected to trade within a narrow range of €9.50 to €10.50. The SMA 50 and SMA 200, currently at €10.17, may act as a ceiling, while the SMA 20 could provide support. If the ATR remains stable, volatility is likely to stay muted. suggests continued investor interest in Japanese equities, potentially driving slight AUM growth. Overall, the ETF is projected to reflect the broader performance of Japans large-cap market, with limited upside but stable returns.