Ashmore Emerging Markets Fund Price on October 26, 2022

IGAEX Fund  USD 8.12  0.03  0.37%   
If you're considering investing in Ashmore Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Ashmore Emerging stands at 8.12, as last reported on the 23rd of April, with the highest price reaching 8.12 and the lowest price hitting 8.12 during the day. We consider Ashmore Emerging very steady. Ashmore Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.0851, which signifies that the fund had a 0.0851% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Ashmore Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Ashmore Emerging's mean deviation of 0.3252, and Risk Adjusted Performance of 0.0269 to double-check if the risk estimate we provide is consistent with the expected return of 0.0371%.
  
Ashmore Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0851

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Estimated Market Risk

 0.44
  actual daily
3
97% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Ashmore Emerging is performing at about 6% of its full potential. 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 it to a well-diversified portfolio.

Ashmore Emerging Main Headline on 26th of October 2022

Ashmore Emerging Markets dividend paid on 26th of October 2022

Ashmore Emerging Valuation on October 26, 2022

It is possible to determine the worth of Ashmore Emerging on a given historical date. On October 26, 2022 Ashmore was worth 7.5 at the beginning of the trading date compared to the closed value of 6.92. 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
  7.45    7.45    6.85    6.85    1.00  
10/26/2022
  7.50    7.50    6.92    6.92    1.00  
  7.51    7.51    6.93    6.93    1.00  
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Open Value
7.5
6.92
Closing Value
8.81
Upside

Ashmore Emerging Trading Date Momentum on October 26, 2022

On October 27 2022 Ashmore Emerging Markets was traded for  6.93  at the closing time. The highest daily price throughout the period was 7.51  and the lowest price was  6.93 . There was no trading activity during the period 1.0. Lack of trading volume on 10/27/2022 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.14% . The overall trading delta to current closing price is 8.96% .

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 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. The fund observes a policy to normally invest at least 80 percent of its net assets in bonds and other debt instruments of Sovereign or Quasi-Sovereign issuers of Emerging Market Countries and EM Supra-Nationals.

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.
A focus of Ashmore Emerging technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ashmore Emerging trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ashmore Emerging Period Price Range

Low
October 26, 2022
-0.58  -7.73%
High

 7.50 

     

 6.92 

Ashmore Emerging April 23, 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.
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.