(SXR1) iShares Core MSCI Pac - Ratings and Ratios

The iShares Core MSCI Pac ex-Jpn ETF USD Acc (XETRA:SXR1) is an exchange-traded fund that tracks the Morningstar Developed Asia Pacific ex Japan Total Market Index (NR USD). This index represents a broad spectrum of the developed equity markets in the Asia-Pacific region, excluding Japan.

The fund is listed on the XETRA exchange and is domiciled in Germany, offering investors a diversified portfolio of equities from the region. As a Pacific ex-Japan Equity ETF, it provides exposure to a range of markets, including Australia, Hong Kong, Singapore, and South Korea, among others. The ETFs investment objective is to replicate the performance of its underlying index, thereby providing investors with a low-cost and efficient means of accessing the regions equity markets.

Analyzing the funds recent price action, we observe that it is currently trading above its 50-day and 200-day simple moving averages (SMA50 and SMA200), indicating a positive short-term and long-term trend. The Average True Range (ATR) is relatively low, suggesting that the funds price is not experiencing high volatility. With a strong upward trend and manageable volatility, the ETF appears to be in a favorable technical setup.

From a fundamental perspective, the funds Assets Under Management (AUM) stand at approximately 2.697 billion EUR, indicating a significant level of investor interest and a liquid market for the ETF. The size of the fund suggests that it is well-established and capable of absorbing trades without significant price impact.

Forecasting the ETFs future performance based on both technical and fundamental data, we can anticipate a continued positive trend in the short to medium term. The ETFs tracking of a broad Asia-Pacific ex-Japan index positions it well to benefit from the regions economic growth. With a strong technical setup and a solid fundamental foundation, the iShares Core MSCI Pac ex-Jpn ETF USD Acc is likely to remain an attractive investment opportunity for those seeking exposure to the Asia-Pacific equity markets. A potential target price could be around 185-190, based on its 52-week high and the current upward momentum.