(VIANEWS) – S&P/ASX ALL AUSTRALIAN 200 (AXAT) has been up by 5.44% for the last 21 sessions. At 19:08 EST on Tuesday, 24 January, S&P/ASX ALL AUSTRALIAN 200 (AXAT) is $7,479.00.

Is S&P/ASX ALL AUSTRALIAN 200 Index a Good Investment?

The S&P/ASX All Australian 200 (AUD) Index is an index that measures the performance of Australian listed companies. It is a more representative index, as it includes only Australian listed securities.

This benchmark is based on the market capitalisation of the 200 largest ASX-listed stocks. Every quarter, these companies are rebalanced. For example, new companies are added to the list, and poor performing ones are removed.

Although the ASX 200 is an important market indicator, it is not the only way to invest in the share market. You can buy individual companies or you can opt for an Exchange Traded Fund. ETFs provide you with exposure to the index while allowing you to diversify your portfolio. However, they still expose you to the risk of the market.

An ETF is a relatively low-cost way to earn a return comparable to that of the index. In addition, they allow you to invest in a variety of different sectors of the economy. They are traded just like common stock.

Investors can purchase a basket of stocks in the ASX 200 using an Exchange Traded Fund. These funds are not guaranteed to track the index exactly.

Investing in the ASX 200 is one of the best ways to invest in Australia. However, you should think about your investment plan for the long term. If you are only planning to invest for the short term, it might be better to invest in a bank account or other investments.

About S&P/ASX ALL AUSTRALIAN 200’s yearly highs and lows, it’s 17.04% up from its 52-week low and 1.59% down from its 52-week high.

Volatility

S&P/ASX ALL AUSTRALIAN 200’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.28%, and 0.65%, respectively.

S&P/ASX ALL AUSTRALIAN 200’s highest amplitude of average volatility was 0.32% (last week), 0.69% (last month), and 0.65% (last quarter), respectively.

Index Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, S&P/ASX ALL AUSTRALIAN 200’s is considered to be oversold (<=20).

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