Vietnam Enterprise Investments SMA 50
What is the SMA 50 of Vietnam Enterprise Investments?
The SMA 50 of Vietnam Enterprise Investments Ltd. is GBX576 +0.09%
What is the definition of SMA 50?
SMA 50 is an average stock price from the last 50 days calculated as an unweighted mean of the previous 50 stock closing prices.
Simple moving average of 50 days for a stock is an unweighted moving average over the past 50 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 50 of companies in the Finance sector on LSE compared to Vietnam Enterprise Investments
What does Vietnam Enterprise Investments do?
Vietnam Enterprise Investments Limited is a closed ended equity mutual fund launched and managed by Dragon Capital Management Limited. It invests in the public equity markets of Vietnam. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies. The fund also invests a part of its assets in private companies and equity linked instruments. It focuses on such factors as good corporate governance and alignment to Vietnam's underlying growth drivers to create its portfolio. The fund benchmarks the performance of its portfolio against the VN index, the MSCI EM Index, and the VN30 Index. Vietnam Enterprise Investments Limited was formed on August 31, 1995 and is domiciled in the Cayman Islands.
Companies with sma 50 similar to Vietnam Enterprise Investments
- Unitedhealth Inc has SMA 50 of $574 +2.68%
- Indo National has SMA 50 of ₨574 -0.43%
- Indo National has SMA 50 of ₨575 +0.04%
- Shervani Industrial Syndicate has SMA 50 of ₨575 -3.59%
- Mckesson has SMA 50 of $576 -12.82%
- Hindustan Foods has SMA 50 of ₨576 -0.48%
- Vietnam Enterprise Investments has SMA 50 of GBX576 +0.09%
- Hindustan Foods has SMA 50 of ₨577 -0.64%
- Shriram Asset Management has SMA 50 of ₨577 -13.22%
- Hindustan Composites has SMA 50 of ₨579 +3.59%
- Rail Vikas Nigam has SMA 50 of ₨579 -4.83%
- Hindustan Composites has SMA 50 of ₨579 +4.00%
- iShares Core S&P 500 UCITS ETF has SMA 50 of $579 +0.58%