Ashmore Emerging Markets Fund Price on September 5, 2024
| ESSAX Fund | USD 13.41 0.15 1.11% |
Below is the normalized historical share price chart for Ashmore Emerging Markets extending back to February 02, 2012. 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 13.41, as last reported on the 28th of November, with the highest price reaching 13.41 and the lowest price hitting 13.41 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 -0.13, which signifies that the fund had a -0.13% return per unit of standard deviation over the last 3 months. Ashmore Emerging Markets exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ashmore Emerging's risk adjusted performance of (0.10), and Mean Deviation of 0.5639 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 = -0.1299
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ESSAX |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 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 September 5, 2024
It is possible to determine the worth of Ashmore Emerging on a given historical date. On September 5, 2024 Ashmore was worth 13.89 at the beginning of the trading date compared to the closed value of 13.89. 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 | |
| 13.89 | 13.89 | 13.89 | 13.89 | 1.00 | |
09/05/2024 | 13.89 | 13.89 | 13.89 | 13.89 | 1.00 |
| 13.80 | 13.80 | 13.80 | 13.80 | 1.00 |
| Backtest Ashmore Emerging | | | Ashmore Emerging History | | | Ashmore Emerging Valuation | Previous | Next |
Ashmore Emerging Trading Date Momentum on September 5, 2024
| On September 06 2024 Ashmore Emerging Markets was traded for 13.80 at the closing time. The highest daily price throughout the period was 13.80 and the lowest price was 13.80 . There was no trading activity during the period 1.0. Lack of trading volume on 09/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.65% . The overall trading delta to current closing price is 2.81% . |
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 invests at least 80 percent of its net assets in equity securities and equity-related investments of Small-Capitalization Emerging Market Issuers, which may be denominated in any currency, including the local currency of the issuer. The subadviser currently defines a small-capitalization issuer as any issuer included in the MSCI Emerging Market Small Cap Index at the time of purchase, as well as any issuer with a market capitalization that is in the lowest 15 percent of the market capitalization range of issuers included in the MSCI Emerging Markets Investible Market Index at the time of purchase.
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 28, 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 28, 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 | (0.10) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.24) |
| 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.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |