Ashmore Emerging Financial Statements From 2010 to 2024
ELBCX Fund | USD 5.96 0.01 0.17% |
Check Ashmore Emerging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ashmore Emerging's main balance sheet or income statement drivers, such as , as well as many indicators such as . Ashmore financial statements analysis is a perfect complement when working with Ashmore Emerging Valuation or Volatility modules.
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Ashmore Emerging Markets Mutual Fund Three Year Return Analysis
Ashmore Emerging's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
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Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Ashmore Emerging Three Year Return | (0.41) % |
Most of Ashmore Emerging's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ashmore Emerging Markets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Ashmore Emerging Markets has a Three Year Return of -0.4094%. This is much lower than that of the Ashmore family and significantly lower than that of the Emerging-Markets Local-Currency Bond category. The three year return for all United States funds is notably higher than that of the company.
Ashmore Emerging Markets Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ashmore Emerging's current stock value. Our valuation model uses many indicators to compare Ashmore Emerging value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ashmore Emerging competition to find correlations between indicators driving Ashmore Emerging's intrinsic value. More Info.Ashmore Emerging Markets is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 131.44 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ashmore Emerging's earnings, one of the primary drivers of an investment's value.About Ashmore Emerging Financial Statements
Ashmore Emerging investors use historical fundamental indicators, such as Ashmore Emerging's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ashmore Emerging. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its objective by investing principally in debt instruments of Sovereign and Quasi-Sovereign issuers of Emerging Market Countries that are denominated in the local currency of the issuer. Sovereigns are governments of Emerging Market Countries. Quasi-Sovereigns are governmental entities, agencies and other issuers the obligations of which are guaranteed by an emerging market government and issuers otherwise represented in the J.P. Morgan Government Bond Index-Emerging Markets Global Diversified or a similar index as determined by the Investment Manager. The fund is non-diversified.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Ashmore Mutual Fund
Ashmore Emerging financial ratios help investors to determine whether Ashmore Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ashmore with respect to the benefits of owning Ashmore Emerging security.
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