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CXProWealth

Japan Equities

Data cutoff
All research on Japan Equities
Modeled fair value
EWJ · Japan Broad Market
-0.6Somewhat expensive
4070100130160190220FAIRMARKET
P10–P90P25–P75Median fair valueToday's market price = 100

Today’s price sits at the 59.4th percentile of modeled fair value 41% of modeled scenarios put fair value above the market.

Median fair value
97.0
index, market = 100
Upside to median
-3.0%
Last close
$94.84
2026-08-24
Confidence
high
84/100
Modeled returns

Return distributions, not point forecasts

Percentiles describe the spread of scenario outcomes under the stated method. The width of the range carries as much information as the midpoint.

One year

modeled
P90
+25.0%
P75
+15.0%
Median
+5.0%
P25
-6.0%
P10
-18.0%

61% of modeled scenarios end positive.

Scenario total-return model using economic-output/carry assumptions plus partial valuation convergence; short-horizon momentum is excluded.

Three years, annualised

modeled
P90
+12.0%
P75
+8.5%
Median
+5.5%
P25
+2.0%
P10
-2.0%

Three-year annualized scenario model with partial valuation normalization and asset-specific income/growth economics.

Against the Treasury hurdle

1y Treasury
4.03%
Expected excess
+1.0%
Basis
direct

DGS1 is the current investment-basis annual hurdle; the expected-return edge is modeled and not guaranteed.

Instruments

5 in this asset class

SymbolValuationFair valueLast close1y modeled
EWJ
Japan Broad Market
-0.6Somewhat expensive97.0$94.84+5.0%
DXJ
Japan Hedged Equity
Unavailable$177.17
SCJ
Japan Small-Cap Equity
Unavailable$108.28
EWJV
Japan Value Equity
Unavailable$47.12
JPXN
Japan JPX-Nikkei 400
Unavailable$101.75