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Weighted moving average (WMA) - Financial definition

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Concise definition of the term weighted moving average

A weighted moving average is a moving average that is weighted, so that certain values that are considered more relevant can receive a higher weighting in the average value than others considered less relevant.

Comprehensive definition of the term weighted moving average

A use case for weighted moving averages would be a stock price time series in which more recent values are more heavily weighted than those values further in the past.

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