Ashmore Emerging Markets Fund Price on October 9, 2024
| ESFCX Fund | USD 4.62 0.01 0.22% |
Below is the normalized historical share price chart for Ashmore Emerging Markets extending back to June 22, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ashmore Emerging stands at 4.62, as last reported on the 24th of November, with the highest price reaching 4.62 and the lowest price hitting 4.62 during the day.
If you're considering investing in Ashmore Mutual Fund, it is important to understand the factors that can impact its price. Ashmore Emerging Markets secures Sharpe Ratio (or Efficiency) of -0.0401, which signifies that the fund had a -0.0401% return per unit of standard deviation over the last 3 months. Ashmore Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ashmore Emerging's mean deviation of 0.1959, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Ashmore Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ashmore |
Sharpe Ratio = -0.0401
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ESFCX |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ashmore Emerging is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ashmore Emerging by adding Ashmore Emerging to a well-diversified portfolio.
Ashmore Emerging Valuation on October 9, 2024
It is possible to determine the worth of Ashmore Emerging on a given historical date. On October 9, 2024 Ashmore was worth 4.69 at the beginning of the trading date compared to the closed value of 4.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ashmore Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Ashmore Emerging's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ashmore Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ashmore Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 4.70 | 4.70 | 4.70 | 4.70 | 1.00 | |
10/09/2024 | 4.69 | 4.69 | 4.69 | 4.69 | 1.00 |
| 4.69 | 4.69 | 4.69 | 4.69 | 1.00 |
| Backtest Ashmore Emerging | | | Ashmore Emerging History | | | Ashmore Emerging Valuation | Previous | Next |
Ashmore Emerging Trading Date Momentum on October 9, 2024
| On October 10 2024 Ashmore Emerging Markets was traded for 4.69 at the closing time. The highest daily price throughout the period was 4.69 and the lowest price was 4.69 . There was no trading activity during the period 1.0. Lack of trading volume on 10/10/2024 did not affect price variability. The overall trading delta to current closing price is 0.21% . |
Ashmore Emerging Markets Fundamentals Correlations and Trends
By evaluating Ashmore Emerging's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ashmore Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ashmore financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ashmore Emerging Mutual Fund history
Ashmore Emerging investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ashmore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ashmore Emerging Markets will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ashmore Emerging stock prices may prove useful in developing a viable investing in Ashmore Emerging
The fund seeks to achieve its objective by investing principally in short-term debt instruments of, and derivative instruments related to, Sovereign, Quasi-Sovereign and corporate issuers of Emerging Market Countries denominated exclusively in Hard Currencies . It normally seeks to maintain a weighted average portfolio duration of between 1 and 3 years. The fund has no restrictions on individual security duration. It is non-diversified.
Ashmore Emerging Mutual Fund Technical Analysis
Ashmore Emerging technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Ashmore Emerging Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Ashmore Emerging Markets cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ashmore Emerging November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Ashmore Emerging mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ashmore Emerging shares will generate the highest return on investment. By undertsting and applying Ashmore Emerging mutual fund market strength indicators, traders can identify Ashmore Emerging Markets entry and exit signals to maximize returns
Ashmore Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ashmore Emerging's price direction in advance. Along with the technical and fundamental analysis of Ashmore Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ashmore to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3301 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |