Ashmore Emerging Markets Fund Quote

IGAEX Fund  USD 8.06  0.04  0.50%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 37

 
100  
 
Zero
Below Average
Ashmore Emerging is trading at 8.06 as of the 22nd of February 2024; that is 0.50 percent up since the beginning of the trading day. The fund's open price was 8.02. Ashmore Emerging has about a 37 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Ashmore Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2022 and ending today, the 22nd of February 2024. Click here to learn more.
The fund seeks to achieve its objective by investing principally in debt instruments of Sovereigns and Quasi-Sovereigns of Emerging Market Countries and EM Supra-Nationalsdenominated principally in Hard Currencies. The fund has no restrictions on individual security duration. More on Ashmore Emerging Markets

Moving together with Ashmore Mutual Fund

  0.79EMCIX Ashmore Emerging MarketsPairCorr
  0.92EMKIX Ashmore Emerging MarketsPairCorr
  0.87EMKCX Ashmore Emerging MarketsPairCorr
  0.87EMKAX Ashmore Emerging MarketsPairCorr

Ashmore Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ashmore Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ashmore Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationAshmore Funds, Emerging Markets Bond Funds, Emerging Markets Bond, Ashmore (View all Sectors)
Update Date31st of December 2023
Ashmore Emerging Markets [IGAEX] is traded in USA and was established 22nd of February 2024. Ashmore Emerging is listed under Ashmore category by Fama And French industry classification. The fund is listed under Emerging Markets Bond category and is part of Ashmore family. Ashmore Emerging Markets currently has accumulated 16.27 M in assets under management (AUM) with no minimum investment requirements
Check Ashmore Emerging Probability Of Bankruptcy

Instrument Allocation

Ashmore Emerging Target Price Odds Analysis

Based on a normal probability distribution, the odds of Ashmore Emerging jumping above the current price in 90 days from now is about 39.06%. The Ashmore Emerging Markets probability density function shows the probability of Ashmore Emerging mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ashmore Emerging Markets has a beta of -0.035. This usually indicates as returns on benchmark increase, returns on holding Ashmore Emerging are expected to decrease at a much lower rate. During the bear market, however, Ashmore Emerging Markets is likely to outperform the market. Additionally, the company has an alpha of 0.0971, implying that it can generate a 0.0971 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 8.06HorizonTargetOdds Above 8.06
60.47%90 days
 8.06 
39.06%
Based on a normal probability distribution, the odds of Ashmore Emerging to move above the current price in 90 days from now is about 39.06 (This Ashmore Emerging Markets probability density function shows the probability of Ashmore Mutual Fund to fall within a particular range of prices over 90 days) .

Ashmore Emerging Markets Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ashmore Emerging market risk premium is the additional return an investor will receive from holding Ashmore Emerging long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ashmore Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ashmore Emerging's alpha and beta are two of the key measurements used to evaluate Ashmore Emerging's performance over the market, the standard measures of volatility play an important role as well.

Ashmore Emerging Against Markets

Picking the right benchmark for Ashmore Emerging mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ashmore Emerging mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ashmore Emerging is critical whether you are bullish or bearish towards Ashmore Emerging Markets at a given time. Please also check how Ashmore Emerging's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ashmore Emerging without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Ashmore Mutual Fund?

Before investing in Ashmore Emerging, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ashmore Emerging. To buy Ashmore Emerging fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ashmore Emerging. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Ashmore Emerging fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Ashmore Emerging Markets fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Ashmore Emerging Markets fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Ashmore Emerging Markets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Ashmore Emerging Markets?

The danger of trading Ashmore Emerging Markets is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ashmore Emerging is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ashmore Emerging. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ashmore Emerging Markets is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis 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 income.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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.
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Please note, there is a significant difference between Ashmore Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashmore Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashmore Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.