Ashmore Emerging Markets Fund Technical Analysis
EFECX Fund | USD 9.45 0.04 0.43% |
As of the 28th of March, Ashmore Emerging shows the mean deviation of 0.3404, and Risk Adjusted Performance of 0.2433. Ashmore Emerging Markets technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down eighteen technical drivers for Ashmore Emerging Markets, which can be compared to its rivals. Please confirm Ashmore Emerging Markets downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Ashmore Emerging Markets is priced correctly, providing market reflects its regular price of 9.45 per share.
Ashmore Emerging Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ashmore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AshmoreAshmore |
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.
Ashmore Emerging Markets Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ashmore Emerging Markets volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ashmore Emerging Markets Trend Analysis
Use this graph to draw trend lines for Ashmore Emerging Markets. You can use it to identify possible trend reversals for Ashmore Emerging as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ashmore Emerging price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ashmore Emerging Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ashmore Emerging Markets applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Ashmore Emerging Markets will continue generating value for investors. It has 122 observation points and a regression sum of squares at 12.5, which is the sum of squared deviations for the predicted Ashmore Emerging price change compared to its average price change.About Ashmore Emerging Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ashmore Emerging Markets on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ashmore Emerging Markets based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Ashmore Emerging Markets price pattern first instead of the macroeconomic environment surrounding Ashmore Emerging Markets. By analyzing Ashmore Emerging's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ashmore Emerging's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ashmore Emerging specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ashmore Emerging March 28, 2024 Technical Indicators
Most technical analysis of Ashmore help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ashmore from various momentum indicators to cycle indicators. When you analyze Ashmore charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.2433 | |||
Market Risk Adjusted Performance | (1.31) | |||
Mean Deviation | 0.3404 | |||
Downside Deviation | 0.368 | |||
Coefficient Of Variation | 225.54 | |||
Standard Deviation | 0.4272 | |||
Variance | 0.1825 | |||
Information Ratio | 0.1291 | |||
Jensen Alpha | 0.1964 | |||
Total Risk Alpha | 0.0838 | |||
Sortino Ratio | 0.1499 | |||
Treynor Ratio | (1.32) | |||
Maximum Drawdown | 2.04 | |||
Value At Risk | (0.35) | |||
Potential Upside | 1.04 | |||
Downside Variance | 0.1354 | |||
Semi Variance | (0.14) | |||
Expected Short fall | (0.52) | |||
Skewness | 0.4731 | |||
Kurtosis | (0.05) |
Ashmore Emerging March 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Ashmore stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 9.45 | ||
Day Typical Price | 9.45 | ||
Price Action Indicator | 0.02 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ashmore Emerging Markets. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ashmore Emerging Markets information on this page should be used as a complementary analysis to other Ashmore Emerging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Ashmore Mutual Fund analysis
When running Ashmore Emerging's price analysis, check to measure Ashmore Emerging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ashmore Emerging is operating at the current time. Most of Ashmore Emerging's value examination focuses on studying past and present price action to predict the probability of Ashmore Emerging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashmore Emerging's price. Additionally, you may evaluate how the addition of Ashmore Emerging to your portfolios can decrease your overall portfolio volatility.
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |