IAF abrdn Australia Equity Fund, Inc.

XASE
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

IAF — —
Key stats
About
Exchange
XASE
Market Cap
$0.1B
List Date
1988-02-25
CIK
0000779336
Homepage
https://www.aberdeeninvestments.com

Abrdn Australia Equity Fund Inc is a non-diversified closed-end management investment company. The Fund's principal investment objective is long-term capital appreciation through investment in equity securities of Australian companies listed on the Australian Stock Exchange Limited (ASX). Its secondary objective is current income, which is expected to be derived from dividends and interest on Australian corporate and governmental securities.

Fund profile
International Equity Single Country abrdn Australia Developed ex-US
Expense ratio
—
Assets
$121M
shares × price, Oct 26, 2026
Trailing yield
—
Average daily volume
$470K
30 sessions
Holdings
—
Listed
Feb 25, 1988
NYSE American
FrenzyCap ETF score
30
how it is built
Costn/a
Liquidity22
Scale40
Diversificationn/a

Moves with. US large-cap stocks (24% of its variance, beta 0.60); Gold (9% of its variance, beta 0.13); Developed markets ex-US over US (7% of its variance, beta 0.47); Value over growth (4% of its variance, beta -0.12). These factors explain 48% of its daily moves over the last year.

Overlap toolAll Single Country ETFs

Similar funds
FundOverlapFeeAssets1Y
EMXCiShares MSCI Emerging Markets ex China ETF—0.25%$25.7B+28.3%compare
EWJiShares MSCI Japan ETF—0.49%$23.6B+14.7%compare
EWYiShares MSCI South Korea ETF—0.59%$22.5B+69.6%compare
BBJPJPMorgan BetaBuilders Japan ETF—0.19%$19.0B+12.3%compare
BBCAJPMorgan BetaBuilders Canada ETF—0.19%$11.9B+20.3%compare

The largest other funds in the Single Country category.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-0.75%-9.93%14.78%-3.11%3.08%7.88%1.99%
Feb4.92%3.41%-7.55%-3.77%-5.53%-0.93%-1.57%
Mar3.64%8.64%-8.73%3.15%-1.95%-11.92%-1.20%
Apr8.90%-9.98%-1.35%-1.18%2.96%5.72%0.84%
May1.65%-2.66%-7.27%0.00%3.86%-0.23%-0.78%
Jun-0.31%-16.03%3.86%1.17%2.76%-2.21%-1.79%
Jul-0.78%9.91%3.21%3.62%-1.33%3.97%3.10%
Aug-4.64%-12.84%-6.97%2.39%4.28%4.14%-2.27%
Sep-5.76%-10.04%-5.28%5.61%0.66%-5.22%-3.34%
Oct3.65%-3.13%-7.08%-6.30%-2.80%2.03%*-2.27%
Nov-3.91%13.63%9.49%3.05%-7.68%--2.92%
Dec2.02%-7.58%5.10%-7.50%3.28%---0.94%
Total7.90%-34.73%-10.52%-3.77%0.71%1.67%-6.46%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $12.50
SMA 50: $12.85
SMA 200: $12.91
Current: $12.58
EMA 12: $12.54
EMA 26: $12.60
MACD: -0.0645 | Signal: 0.0282
BEARISH
ADX (14): 20.70
WEAK TREND
+DI: 24.84
−DI: 13.70

Momentum Oscillators

RSI (14): 48.59
NEUTRAL
Stoch %K: 45.69
Stoch %D: 47.73
Williams %R: -48.00

Volume & Volatility

BB Upper: $12.67
BB Lower: $12.32
NEUTRAL
OBV: -64,278
Vol SMA 20: 45,477
Vol ROC: -72.71%
ATR: $0.22
True Range: $0.26
HV 20: 13.9%
HV 30: 14.3%
HV 60: 14.3%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis

LLM Stock Analysis Report: IAF

Executive Summary

Overall assessment: NEUTRAL with confidence level 6/10

Key drivers: Trend direction, momentum signals, and volume indicators

Primary risks: Beta below 1, low volatility, and mixed sentiment from recent news headlines

Investment thesis: IAF is in a range-bound market environment, with technical signals suggesting a potential breakout or breakdown. The recent news headlines have been neutral, which may indicate that the stock is waiting for a catalyst to move.

Recent news sentiment impact: The recent news headlines have been neutral, with no significant events driving the price movement. This suggests that the stock's movement is driven by fundamental analysis rather than market sentiment.

Technical Analysis

Trend Direction: Short-term (1-4 weeks) - NEUTRAL, Medium-term (1-3 months) - RISING, Long-term (3-12 months) - RANGE-BOUND

Support/Resistance Levels: Key price levels from moving averages and technical patterns: $12.16 (lower Bollinger Band), $12.40 (SMA 20), $12.58 (SMA 50)

Momentum Signals: RSI interpretation: 53.12 (neutral), no significant overbought or oversold signals

MACD signal: -0.03 / Signal: 0.03 / Histogram: -0.06 (bearish)

Bollinger Bands position: neutral, price touching middle band

Volume Analysis: Volume trends and institutional interest signals:

  • On-Balance Volume (OBV): increasing
  • Volume Rate of Change: decreasing

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines with no significant events driving the price movement.

Sentiment Assessment: Aggregate news sentiment: NEUTRAL, no clear bias or trend.

Catalyst Identification: No recent earnings announcements, regulatory changes, or product launches that could drive the stock's movement.

Market Narrative: The market narrative is unclear due to the neutral news headlines and lack of significant events driving the price movement.

Risk & Volatility Assessment

Beta Interpretation: Beta below 1 (0.78), indicating low risk relative to the market.

Volatility Regime: Current volatility level: 0.18, relatively low compared to historical levels.

Options Market Signals: No options data available.

Downside Protection: Support levels and risk management considerations:

  • Lower Bollinger Band: $12.16
  • SMA 20: $12.40

Market Context & Positioning

Sector Performance: Relative strength vs sector/market: IAF is in the middle of its respective sector's performance.

Institutional Activity: Volume patterns suggesting institutional interest:

  • On-Balance Volume (OBV): increasing, indicating accumulation.

Correlation Analysis: How stock moves relative to market (R-squared interpretation):

  • R-squared: 0.54, indicating a moderate correlation between the stock and the market.

Relative Valuation: Position within trading range:

  • IAF is in a relatively narrow trading range ($12.16 - $12.64), suggesting limited upside potential.

Key Levels & Action Items

Critical Price Levels: Support/resistance levels to monitor: $12.16 (lower Bollinger Band), $12.40 (SMA 20), $12.58 (SMA 50)

Breakout/Breakdown Levels: Technical levels that could trigger significant moves:

  • Upper Bollinger Band: $12.64
  • Lower Bollinger Band: $12.16

Time-Sensitive Catalysts: No earnings announcements or regulatory changes scheduled in the near term.

Risk Management: Stop-loss levels and position sizing considerations:

  • Consider placing a stop-loss order below $12.16 to limit potential losses.
  • Position sizing should be based on risk tolerance and market conditions.

This analysis provides a comprehensive view of IAF's technical and fundamental performance, highlighting the stock's trend direction, momentum signals, volume indicators, and news sentiment. The report also includes key levels to monitor, breakout/breakdown levels, time-sensitive catalysts, and risk management considerations.

Generated
News
All IAF news →

IAF Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.8524
Alpha: -17.22%
Correlation: 0.5881
R-Squared: 34.6%
Stock Volatility: 18.4%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

IAF Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

30 filers3,340,330 shares$41.36M value
# Filer Shares Value % of Total % of Float Period
1 Allspring Global Investments Holdings, LLC 1,480,239 $18.33M 44.30% — 2026-06-30
2 Karpus Management, Inc. 822,927 $10.19M 24.63% — 2026-06-30
3 1607 Capital Partners, LLC 337,687 $4.18M 10.11% — 2026-06-30
4 Cetera Investment Advisers Custodian 318,842 $3.95M 9.54% — 2026-06-30
5 WOLVERINE ASSET MANAGEMENT LLC 55,093 $682.05K 1.65% — 2026-06-30
6 Morgan Stanley Custodian 50,882 $629.92K 1.52% — 2026-06-30
7 Shaker Financial Services, LLC 46,499 $582.17K 1.41% — 2026-09-30
8 OSAIC HOLDINGS, INC. Custodian 30,970 $383.42K 0.93% — 2026-06-30
9 NWF Advisory Services Inc. 27,050 $338.67K 0.82% — 2026-09-30
10 Susquehanna International Group, LLP Custodian 26,518 $328.29K 0.79% — 2026-06-30
11 Cambridge Investment Research Advisors, Inc. 23,273 $288.00K 0.70% — 2026-06-30
12 Dakota Wealth Management 23,023 $285.03K 0.69% — 2026-06-30
13 LPL Financial LLC Custodian 19,091 $236.34K 0.57% — 2026-06-30
14 PNC Financial Services Group, Inc. Custodian 12,998 $160.91K 0.39% — 2026-06-30
15 Bridgewealth Advisory Group, LLC 11,745 $145.40K 0.35% — 2026-06-30
16 Raymond James Financial, Inc. Custodian 11,724 $145.14K 0.35% — 2026-06-30
17 Wells Fargo & Company Custodian 11,712 $145.00K 0.35% — 2026-06-30
18 Advisory Advocates, LLC 11,063 $136.96K 0.33% — 2026-06-30
19 Royal Bank of Canada Custodian 8,211 $102.00K 0.25% — 2026-06-30
20 Golden State Wealth Management, LLC 2,526 $31.27K 0.08% — 2026-06-30
21 BROWN, LISLE/CUMMINGS, INC. 1,768 $22.14K 0.05% — 2026-09-30
22 NewEdge Advisors, LLC 1,511 $18.71K 0.05% — 2026-06-30
23 Steward Partners Investment Advisory, LLC 1,440 $17.83K 0.04% — 2026-06-30
24 ROTHSCHILD INVESTMENT LLC 1,200 $14.86K 0.04% — 2026-06-30
25 UBS Group AG Custodian 1,122 $13.89K 0.03% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

IAF Insider Trading (Form 4)

Latest: 2025-10-17
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2025-10-17 Radhika Ajmera Director Buy (P) +910 $4.50 $4.1K EDGAR
2025-09-30 Peter Gerald Malone Director Buy (P) +1,500 $4.66 $7.0K EDGAR
2025-07-16 Rahn K Porter Director Buy (P) +1,800 $4.48 $8.1K EDGAR
2025-07-03 Moritz A Sell Director Buy (P) +2,000 $4.50 $9.0K EDGAR
2024-07-12 Rahn K Porter Director Buy (P) +1,000 $4.40 $4.4K EDGAR
2021-11-19 Radhika Ajmera Director Buy (P) +1,000 $6.15 $6.1K EDGAR
2021-11-01 Stephen Bird Director Buy (P) +1,000 $6.01 $6.0K EDGAR
2012-07-25 Brian M Sherman Director — — — EDGAR
2009-06-01 Moritz A Sell Director Sell (S) −2,000 $9.62 -$19.2K EDGAR
2008-10-15 Peter Gerald Malone Director Buy (P) +1,250 $8.99 $11.2K EDGAR
2008-10-14 Moritz A Sell Director Buy (P) +1,000 $5.96 $6.0K EDGAR
2008-10-07 Moritz A Sell Director Buy (P) +1,000 $8.74 $8.7K EDGAR
2008-09-03 Landesbank Berlin AG 10%+ Owner Sell (S) −37,000 $13.42 -$496.5K EDGAR
2008-08-29 Landesbank Berlin AG 10%+ Owner Sell (S) −75,800 $13.49 -$1.02M EDGAR
2008-08-27 Landesbank Berlin AG 10%+ Owner Sell (S) −14,000 $13.32 -$186.4K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

IAF Insider Holdings

4 insiders · @ $12.58
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Moritz A Sell Director 1,000 $12.6K $21.1K 5 2025-07-03
2 Rahn K Porter Director 973 $12.2K $12.5K 2 2025-07-16
3 Peter Gerald Malone Director 917 $11.5K $18.2K 2 2025-09-30
4 Radhika Ajmera Director 810 $10.2K $10.2K 2 2025-10-17
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.