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ASI & EUR- Both have kind of similar movement for last 12 months

+2
malanp
CHASE
6 posters

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CHASE

CHASE
Manager - Equity Analytics
Manager - Equity Analytics

What do you can say about the below chats. First one is the ASI for last one year & the second one is EUR per USD for last one year.

ASI & EUR- Both have kind of similar movement for last 12 months Asi__e14

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics


even a blind can see these two charts are not same. different patterns.

CHASE

CHASE
Manager - Equity Analytics
Manager - Equity Analytics

malanp wrote:
even a blind can see these two charts are not same. different patterns.

I said kind of same. not exactly same. May be blind couldn't understand that Very Happy
I post this not to prove anything but just to share my thoughts since I'm monitoring both.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

I did a bit of Photoshop and overlapped the charts;

While its on separate charts looked different, Looks a bit similar now.. I mean not so a close match but there's a bit of similar patterns here n there.. Some bottoms do tally and the last couple of days also look similar..

ASI & EUR- Both have kind of similar movement for last 12 months Asi_e110

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics

nice work small

smallville wrote:I did a bit of Photoshop and overlapped the charts;

While its on separate charts looked different, Looks a bit similar now.. I mean not so a close match but there's a bit of similar patterns here n there.. Some bottoms do tally and the last couple of days also look similar..

ASI & EUR- Both have kind of similar movement for last 12 months Asi_e110

Azthama

Azthama
Senior Equity Analytic
Senior Equity Analytic

CHASE wrote: What do you can say about the below chats. First one is the ASI for last one year & the second one is EUR per USD for last one year.

ASI & EUR- Both have kind of similar movement for last 12 months Asi__e14

Nice statement Chase Smile
this might be crazy idea of mine, but i wanna share my thought here
there should be an investor who has large no of Euros and he using it for buying stocks when the USD to EUR rate is high, and he sell his stocks when the USD to EUR rate is low and money convert to Euros. Laughing

CHASE

CHASE
Manager - Equity Analytics
Manager - Equity Analytics

smallville wrote:I did a bit of Photoshop and overlapped the charts;

While its on separate charts looked different, Looks a bit similar now.. I mean not so a close match but there's a bit of similar patterns here n there.. Some bottoms do tally and the last couple of days also look similar..

ASI & EUR- Both have kind of similar movement for last 12 months Asi_e110


Thank for the Chart small it's much clear now.
Yes agree with you. I also didn't mean that it's exactly same. even it has a direct relationship can't expect chart to be same since ASI can be easily manipulate. Wink

EUR goes up means USD getting weaker. so the foreign inverters found it less interest to invest in USA & they are coming to attractive markets. That the reason to have high foreign inflow.
But Compare with Indian Market Sri Lanka looks less attractive. Foreign investment on equities has increase by $ 15.9 in India this year & in Sri Lanka it’s .25 Billion

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

CHASE wrote: Foreign investment on equities has increase by $ 15.9 in India this year & in Sri Lanka it’s .25 Billion


In proportion to 2 countries sizes haha. India is about 65 times Sri lanka. Same as money inflow.

CHASE

CHASE
Manager - Equity Analytics
Manager - Equity Analytics

slstock wrote:
CHASE wrote: Foreign investment on equities has increase by $ 15.9 in India this year & in Sri Lanka it’s .25 Billion


In proportion to 2 countries sizes haha. India is about 65 times Sri lanka. Same as money inflow.

Laughing If compare with market capitalization also it's kind of same.
But I don't think that they are taking decision based on size of the country or market capitalization. Wink

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