MMFI for ASX All Ordinaries Index is an integral index created by MacroMicro for Australian stock market. Going up means the fundamentals for Australian stocks are looking good.
Components of ASX All Ords MMFI include OECD Composite Leading Indicator, Retail Sales and Monetary Supply. Weight of each component might be adjusted according to the latest Australian stock market conditions.
MM Australia Stocks Fundamental Index (L)2022-0952.48
ASX All Ordinaries Index (R)2022-08-097,278.60