Greed vs Fear Index: Australia rises from its state of Terror!


As of Market Close on Wednesday October 31st, the Australian All Ordinaries index, based on its Relative Real long term average growth rate, rose slightly to be 28.5% undervalued.

Greed vs Fear Index scores for the Australian All Ordinaries – October 31st, 2012:

Greed vs Fear index value: -145.6 (data refreshed with Sep ’12 CPI data)

Greed vs Fear current state: Loathing (up from Terror, where it has remained for the past 5 months)

Greed vs Fear index value change: From last month: +10.6  (figures are corrected when CPI data is released).

Over past 12 months: -11.0

Relative current value of All Ords: -28.5% (underpriced)

Current value change:- from last month: +1.7%    Over past 12 months: -1.8%