Last Monday, I had commented on how the Japan Smaller Capitalization Fund was noticeably oversold relative to its ETF counterpart, the WisdomTree Small Cap Japan DFJ.  In the past three days, JOF has slowly been gaining ground back on DFJ, and so far in early trading, is up over twice DFJ for the day.

    If we assume that JOF will return to near equal on the month with DFJ, look for "fair value" to return around $12.