Summary
S&P/ASX SMALL ORDINARIES is a stock index: one number that says how a chosen group of companies is doing together. An index cannot be bought itself; you buy a fund that tracks it.
What speaks for it
- Average yearly growth over the last three years: 6.3%.
What to watch
Nothing here calls for caution.
An index has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company.
Price
Performance
- 1 month
- -7.7%
- 3 months
- -5.7%
- This year
- -16%
- 1 year
- -16%
- 3 years
- +20%
Where is it within the last year?
Near the yearly low- Against the 50-day average
- -6.8%
- Against the 200-day average
- -11%
It is 21% below its highest and 1.1% above its lowest of the last year. The long-term trend points down: it is below its 200-day average.
How has it done?
Growing over the long run- A year on average, 3 years
- +6.3%
- Deepest drop
- -22%
- Yearly volatility
- 20%
Average yearly growth over the last three years: 6.3%. Deepest drop in these years: 22% below the earlier high.