(XDNY) Xtrackers MSCI Japan ESG - Ratings and Ratios

The Xtrackers MSCI Japan ESG Screened UCITS ETF1D (XDNY) is designed to mirror the performance of the total return version of the JPX-Nikkei Index400, which tracks the shares of 400 Japanese companies listed on the Tokyo Stock Exchange and JASDAQ. The index focuses on companies with a strong financial history, excluding those with operating or overall deficits, and those marked for delisting. The selection criteria include a companys trading value over three years and its size, ensuring a representation of Japans large-cap and mid-cap equities.

From a technical standpoint, XDNY has shown stability with its current price at $15.55, slightly above its 20-day Simple Moving Average (SMA) of $15.46 and significantly above its 50-day SMA of $15.01. The 200-day SMA at $15.27 indicates a longer-term uptrend. The Average True Range (ATR) is $0.17, or 1.08%, suggesting moderate volatility. Given the current technical indicators, a potential short-term target could be the 52-week high of $16.19, assuming the uptrend continues.

Fundamentally, the ETF has a substantial Assets Under Management (AUM) of €18,368.40 million, indicating strong investor confidence. The ESG screening suggests that the ETF is positioned to benefit from the growing trend towards sustainable investing. Japan, being a significant player in the global economy, offers a mix of traditional industries and cutting-edge technology, providing a diversified portfolio.

Combining both technical and fundamental analysis, a forecast for XDNY could be cautiously optimistic. If the Japanese economy continues to recover and the global trend towards ESG investing persists, XDNY could see its value appreciate. A potential target could be a 10% increase to $17.10, assuming the 52-week high is breached and the uptrend continues. However, investors should be mindful of potential risks, including global economic downturns and changes in investor sentiment towards ESG investments.