(WTIZ) WisdomTree Japan Equity - - Ratings and Ratios

WisdomTree Japan Equity UCITS ETF - JPY Acc (XETRA: WTIZ) is a UCITS-compliant ETF designed to provide exposure to large-cap equities in Japan. The fund tracks the Morningstar Japan Total Market Equity Index (TME) NR JPY, which offers broad coverage of Japanese equities across various sectors.

Ticker Symbol: WTIZ | Exchange: XETRA | Type: ETF | Country Origin: Germany | ETF Category: Japan Large-Cap Equity. The fund is denominated in EUR but tracks JPY-denominated assets, providing a hedge against currency fluctuations.

Technical Analysis: The ETF currently trades at 27.05, below its 20-day SMA of 28.25 and 50-day SMA of 28.02, but slightly above its 200-day SMA of 27.03. The Average True Range (ATR) of 0.30 indicates low volatility. Average daily volume over the past 20 days is 2267 shares.

Fundamental Overview: The ETF has assets under management (AUM) of 5.30M EUR, indicating a relatively small fund size. Despite its size, it provides targeted exposure to Japanese large-cap equities, which dominate the index.

3-Month Forecast: Based on , the ETF is likely to remain range-bound between 26.80 and 28.50, supported by its 200-day SMA of 27.03. The low ATR of 0.30 suggests volatility will remain constrained. On the upside, resistance is expected at the 50-day SMA of 28.02. On the downside, the 200-day SMA will likely act as a floor.

From a perspective, Japans economic outlook remains muted, with GDP growth expected to stay below 1.5% in 2024. However, corporate earnings growth is projected to remain steady at 4-6%, supported by a weak yen and stable margins in key sectors such as technology and industrials. The Bank of Japans ultra-loose monetary policy will likely keep interest rates low, supporting equity valuations.