(IQQF) iShares MSCI AC Far East - Ratings and Ratios

The iShares MSCI AC Far East ex-Japan UCITS ETF, traded on XETRA under the ticker symbol IQQF, is an investment vehicle designed to track the performance of the Morningstar Asia xJpn TME NR USD index. This index comprises a broad range of equities from the Asian region, excluding Japan, thereby offering diversified exposure to the economic growth and market dynamics of this significant geographical area.

As an ETF categorized under Asia ex-Japan Equity, IQQF provides investors with a convenient means to tap into the vast and varied markets of Asia, leveraging the regions potential for long-term economic expansion and growth. The fund is domiciled in Germany and is structured as a UCITS (Undertakings for the Collective Investment in Transferable Securities) compliant ETF, ensuring a certain level of regulatory oversight and investor protection.

Analyzing the technical data, the ETFs last price is €51.63, closely aligned with its 20-day Simple Moving Average (SMA) of €51.65, indicating a stable short-term trend. The 50-day SMA at €49.80 and the 200-day SMA at €50.44 suggest a longer-term uptrend, as the current price is above both these averages. The Average True Range (ATR) is €0.59, representing a daily volatility of 1.15%. The ETF has reached a 52-week high of €55.51 and a low of €42.60, highlighting its price range over the past year.

From a fundamental perspective, the Assets Under Management (AUM) for IQQF stand at €806.70 million, indicating a moderate size that can offer liquidity without being overly large and potentially sluggish in response to market changes. The funds focus on the Asia ex-Japan region positions it to benefit from the growth trajectories of countries like China, South Korea, and Taiwan, among others.

Forecasting the future performance of IQQF involves integrating both technical and fundamental analyses. Given the current technical indicators, such as the SMA trends, and the fundamental strengths, including the diversified exposure to the Asian markets and the moderate AUM, a plausible forecast is that IQQF may continue its upward trend, potentially testing the resistance near its 52-week high of €55.51. However, this projection is contingent upon the broader Asian markets maintaining their growth momentum and the absence of significant geopolitical or macroeconomic disruptions. Investors should closely monitor the ETFs price action relative to its SMAs and the overall market conditions to adjust their strategies accordingly.