{"id":61492,"date":"2025-04-05T10:49:10","date_gmt":"2025-04-05T10:49:10","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=61492"},"modified":"2025-04-05T10:49:10","modified_gmt":"2025-04-05T10:49:10","slug":"asx-weekly-market-snapshot-8","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2025\/04\/05\/asx-weekly-market-snapshot-8\/","title":{"rendered":"ASX Weekly Market Snapshot"},"content":{"rendered":"
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\"Bull-Bear<\/div>\n
\"Stock<\/div>\n<\/div>\n

The dial on the left indicates bull or bear market status, while the one on the right reflects stock market drawdown risk.<\/p>\n

Bull\/Bear Market<\/h2>\n

The ASX Bull-Bear Market indicator fell to 46%. Three of the six leading indicators continue to signal risk-off, but the US bull-bear index (a 40% weighting) declined to 40%.<\/p>\n

\"Bull-Bear<\/p>\n

Stock Pricing<\/h2>\n

ASX stock pricing declined to the 69.61 percentile from a high of 85.83 in February.<\/p>\n

\"Stock<\/p>\n

The Stock Pricing indicator compares stock prices to long-term sales, earnings, and economic output to gauge market risk. We use z-scores to measure each indicator’s current position relative to its history, with the result expressed in standard deviations from the mean. We then calculate an average for the five readings and convert that to a percentile. The higher that stock market pricing is relative to its historical mean, the greater the risk of a sharp drawdown.<\/div>\n

Conclusion<\/h2>\n

The ASX bull-bear indicator declined to 46%, warning of a bear market, while the risk of a significant drawdown remains high.<\/p>\n

Acknowledgments<\/h4>\n