Japan Equities
Data cutoff
Modeled fair value
EWJ · Japan Broad Market
P10–P90P25–P75Median fair valueToday's market price = 100
Today’s price sits at the 67.2th percentile of modeled fair value — 33% of modeled scenarios put fair value above the market.
- Median fair value
- 95.4
- Upside to median
- -4.6%
- Last close
- $92.84
- Confidence
- moderate-high
index, market = 100
2026-11-02
69/100
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
- +24.0%
- P75
- +16.0%
- Median
- +7.0%
- P25
- -2.5%
- P10
- -13.0%
68% of modeled scenarios end positive.
Dividend and buyback yield (about 3.3%) plus mid-single-digit earnings growth less partial valuation convergence, in U.S. dollar terms with currency risk inside the dispersion.
Three years, annualised
modeled- P90
- +14.0%
- P75
- +10.5%
- Median
- +6.5%
- P25
- +2.5%
- P10
- -2.5%
Income plus earnings growth from continued capital-efficiency gains, with gradual valuation convergence.
Against the Treasury hurdle
- 1y Treasury
- 4.38%
- Modeled excess
- +2.6%
- Basis
- direct
Modeled expected edge over the 1-year Treasury par yield; not a guaranteed excess return.
Instruments