(ZPDW) SPDR MSCI Japan EUR Hdg - Ratings and Ratios

The SPDR® MSCI Japan EUR Hdg UCITS ETF (ZPDRA) is a UCITS-compliant exchange-traded fund designed for European investors seeking exposure to Japanese equities with currency hedging. It tracks the MSCI Japan Index, providing a diversified portfolio of large and mid-cap companies across various sectors. The ETF is listed on XETRA under the ticker ZPDW and is structured as an other equity ETF, focusing on international equity markets. The fund is managed by State Street Global Advisors (SSGA), a prominent global asset manager.

The ETFs technical profile indicates moderate trading activity, with an average daily volume of 1,067 shares over the past 20 days. Its last closing price was 71.82 EUR, with key moving averages showing the SMA20 at 69.80, SMA50 at 70.21, and SMA200 at 69.14. The Average True Range (ATR) of 0.86 reflects moderate volatility. Fundamental data shows assets under management (AUM) at 15.97 million EUR, indicating a modest but stable fund size.

3-Month Forecast: Based on the provided data, the ETF is expected to remain stable with potential upside. The SMA20 and SMA50 are below the last price, suggesting support levels. The ATR indicates moderate volatility, with possible price fluctuations within a narrow range. The AUM, while modest, suggests manageable liquidity risk. Overall, the ETF is likely to track the MSCI Japan Index closely, with movements influenced by broader market conditions and currency hedging effectiveness.