Moving Average Distance

Compute the moving average distance of an asset.

References

• Avramov D, Kaplanski G, Subrahmanyam A. Moving average distance as a predictor of equity returns. Rev Financ Econ. 2021; 39: 127–145
• Menachem Meni Abudy, Guy Kaplanski, Yevgeny Mugerman, Market timing with moving average distance: International evidence, Journal of International Financial Markets, Institutions and Money, Volume 97, 2024, 102065