Absolute Equity Performance Fund SMA 200
What is the SMA 200 of Absolute Equity Performance Fund?
The SMA 200 of Absolute Equity Performance Fund Limited is AUD$1 -0.52%
What is the definition of SMA 200?
SMA 200 is an average stock price from the last 200 days calculated as an unweighted mean of the previous 200 stock closing prices.
Simple moving average of 200 days for a stock is an unweighted moving average over the past 200 days. Moving averages will always exhibit a lag and the longer the period used for averaging the greater the lag will be. Because of the large amounts of data considered when calculating a long-term moving average, it takes a considerable amount of movement in the market to cause the moving average to change its course.
Using a moving average to confirm a trend in price is one of the most basic, yet effecting ways of using the indicator. Moving averages take into account what has already happened and a whole range of past events, which makes them such a good technical analysis tool for trend confirmations. Generally, a long-term moving average that is clearly on the upswing is a confirmation of a bullish trend. Conversely, a long-term moving average that is clearly on the downswing is a confirmation of a bearish trend.
SMA 200 of companies in the Finance sector on ASX compared to Absolute Equity Performance Fund
What does Absolute Equity Performance Fund do?
Absolute Equity Performance Fund Limited is an equity mutual fund launched and managed by Bennelong Long Short Equity Management Pty Limited. It invests in the public equity markets of Australia. The fund employs fundamental analysis and uses fundamental research to select securities and generate return. It invests in stocks of companies operating across the diversified sectors. Absolute Equity Performance Fund Limited was founded in November, 2015 and is domiciled in Australia.
Companies with sma 200 similar to Absolute Equity Performance Fund
- Irish Residential Properties REIT Plc has SMA 200 of €1 -9.29%
- Kinetic Mines and has SMA 200 of HKD$1 +23.36%
- China Hanking has SMA 200 of HKD$1 -26.08%
- China Tower has SMA 200 of HKD$1 -1.94%
- Chinaamc Direxion NASDAQ--100 Daily (-2X) Inverse Product has SMA 200 of HKD$1 -5.78%
- Tyro Payments has SMA 200 of AUD$1 +7.29%
- Absolute Equity Performance Fund has SMA 200 of AUD$1 -0.52%
- Teuton Resources has SMA 200 of $1 +2.90%
- MS has SMA 200 of HKD$1 -10.58%
- Tyro Payments has SMA 200 of AUD$1 +6.99%
- EML Payments has SMA 200 of AUD$1 -31.24%
- Raymond Industrial has SMA 200 of HKD$1 -8.43%
- China Huirong has SMA 200 of HKD$1 -1.68%