Ashmore Emerging Markets Fund Manager Performance Evaluation

IGAEX Fund  USD 8.12  0.03  0.37%   
The fund shows a Beta (market volatility) of -0.0618, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ashmore Emerging are expected to decrease at a much lower rate. During the bear market, Ashmore Emerging is likely to outperform the market. Although it is important to respect Ashmore Emerging Markets historical returns, it is better to be realistic regarding the information on the equity's current trending patterns.

Risk-Adjusted Performance

8 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in Ashmore Emerging Markets are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Ashmore Emerging is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Ashmore Emerging Relative Risk vs. Return Landscape

If you would invest  787.00  in Ashmore Emerging Markets on December 1, 2023 and sell it today you would earn a total of  25.00  from holding Ashmore Emerging Markets or generate 3.18% return on investment over 90 days. Ashmore Emerging Markets is currently producing 0.0532% returns and takes up 0.4713% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Ashmore, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
Assuming the 90 days horizon Ashmore Emerging is expected to generate 2.47 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.36 times less risky than the market. It trades about 0.11 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.2 of returns per unit of risk over similar time horizon.

Ashmore Emerging Current Valuation

Please note that Ashmore Emerging's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Ashmore Emerging Markets shows a prevailing Real Value of $7.94 per share. The current price of the fund is $8.12. We determine the value of Ashmore Emerging Markets from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Ashmore Emerging Markets is useful when determining the fair value of the Ashmore mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Ashmore Emerging. Since Ashmore Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ashmore Mutual Fund. However, Ashmore Emerging's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  8.12 Real  7.94 Hype  8.12
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
Real Value
Estimating the potential upside or downside of Ashmore Emerging Markets helps investors to forecast how Ashmore mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ashmore Emerging more accurately as focusing exclusively on Ashmore Emerging's fundamentals will not take into account other important factors:

Ashmore Emerging Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ashmore Emerging's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ashmore Emerging Markets, and traders can use it to determine the average amount a Ashmore Emerging's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1129

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Estimated Market Risk

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96% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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92% of assets perform better
Based on monthly moving average Ashmore Emerging is performing at about 8% 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 Fundamentals Growth

Ashmore Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ashmore Emerging, and Ashmore Emerging fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ashmore Mutual Fund performance.

About Ashmore Emerging Performance

To evaluate Ashmore Emerging Markets Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ashmore Emerging generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ashmore Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ashmore Emerging Markets market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ashmore's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Ashmore Emerging Markets performance evaluation

Checking the ongoing alerts about Ashmore Emerging for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ashmore Emerging Markets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains about 90.07% of its assets under management (AUM) in fixed income securities
Evaluating Ashmore Emerging's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Ashmore Emerging's mutual fund performance include:
  • Analyzing Ashmore Emerging's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ashmore Emerging's stock is overvalued or undervalued compared to its peers.
  • Examining Ashmore Emerging's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Ashmore Emerging's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ashmore Emerging's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Ashmore Emerging's mutual fund. These opinions can provide insight into Ashmore Emerging's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Ashmore Emerging's mutual fund performance is not an exact science, and many factors can impact Ashmore Emerging's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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.