Schroder UK Mid Cap Fund Plc SMA 200
What is the SMA 200 of Schroder UK Mid Cap Fund Plc?
The SMA 200 of Schroder UK Mid Cap Fund Plc is GBX604 +1.25%
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 LSE compared to Schroder UK Mid Cap Fund Plc
What does Schroder UK Mid Cap Fund Plc do?
Schroder UK Mid Cap Fund plc is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Ltd. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of mid-cap companies. The fund employs fundamental analysis focusing on such factors as strong management teams with a proven record, good future prospects, and a strong business franchise within the firms' markets to create its portfolio. It benchmarks the performance of its portfolio against the FTSE 250 (ex-Investment Companies) Index. The fund was formerly known as Schroder UK Mid & Small Cap Fund plc. Schroder UK Mid Cap Fund plc was formed on April 1, 1983 and is domiciled in the United Kingdom.
Companies with sma 200 similar to Schroder UK Mid Cap Fund Plc
- Shivalik Rasayan has SMA 200 of ₨603 -6.68%
- Indo National has SMA 200 of ₨603 -4.90%
- Pokarna has SMA 200 of ₨603 +42.82%
- Rajratan Global Wire Ltd has SMA 200 of ₨604 -1.98%
- Associated Alcohols & Breweries has SMA 200 of ₨604 +36.05%
- Emami has SMA 200 of ₨604 +25.13%
- Schroder UK Mid Cap Fund Plc has SMA 200 of GBX604 +1.25%
- Indo National has SMA 200 of ₨605 -5.79%
- Transformers & Rectifiers (India) has SMA 200 of ₨605 +18.86%
- Axtel Industries has SMA 200 of ₨605 -20.28%
- Quess Corp has SMA 200 of ₨606 +24.83%
- Asahi India Glass has SMA 200 of ₨606 +10.90%
- Genesys International has SMA 200 of ₨607 +23.61%