Ashmore Emerging Markets Fund Price History
ELBAX Fund | USD 6.21 0.02 0.32% |
Below is the normalized historical share price chart for Ashmore Emerging Markets extending back to November 02, 2011. 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 6.21, as last reported on the 16th of December 2024, with the highest price reaching 6.21 and the lowest price hitting 6.21 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 -0.19, which signifies that the fund had a -0.19% 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 0.3122 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 = -0.1938
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ELBAX |
Estimated Market Risk
0.4 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 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 Mutual Fund Price History Chart
There are several ways to analyze Ashmore Emerging Markets Fund price data. The simplest method is using a basic Ashmore candlestick price chart, which shows Ashmore Emerging price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | September 27, 2024 | 6.62 |
Lowest Price | November 14, 2024 | 6.15 |
Ashmore Emerging December 16, 2024 Mutual Fund Price Synopsis
Various analyses of Ashmore Emerging's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ashmore Mutual Fund. It can be used to describe the percentage change in the price of Ashmore Emerging from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ashmore Mutual Fund.Ashmore Emerging Price Rate Of Daily Change | 1.00 | |
Ashmore Emerging Price Action Indicator | (0.01) |
Ashmore Emerging December 16, 2024 Mutual Fund Price Analysis
Ashmore Mutual Fund Price History Data
The price series of Ashmore Emerging for the period between Tue, Sep 17, 2024 and Mon, Dec 16, 2024 has a statistical range of 0.47 with a coefficient of variation of 2.31. Under current investment horizon, the daily prices are spread out with arithmetic mean of 6.33. The median price for the last 90 days is 6.28. The company completed dividends distribution on January 24, 2020.Open | High | Low | Close | Volume | ||
12/16/2024 | 6.21 | 6.21 | 6.21 | 6.21 | ||
12/13/2024 | 6.21 | 6.21 | 6.21 | 6.21 | 1.00 | |
12/12/2024 | 6.21 | 6.21 | 6.21 | 6.21 | 1.00 | |
12/11/2024 | 6.23 | 6.23 | 6.23 | 6.23 | 1.00 | |
12/10/2024 | 6.22 | 6.22 | 6.22 | 6.22 | 1.00 | |
12/09/2024 | 6.22 | 6.22 | 6.22 | 6.22 | 1.00 | |
12/06/2024 | 6.20 | 6.20 | 6.20 | 6.20 | 1.00 | |
12/05/2024 | 6.21 | 6.21 | 6.21 | 6.21 | 1.00 | |
12/04/2024 | 6.18 | 6.18 | 6.18 | 6.18 | 1.00 | |
12/03/2024 | 6.17 | 6.17 | 6.17 | 6.17 | 1.00 | |
12/02/2024 | 6.17 | 6.17 | 6.17 | 6.17 | 1.00 | |
11/29/2024 | 6.18 | 6.18 | 6.18 | 6.18 | 1.00 | |
11/27/2024 | 6.18 | 6.18 | 6.18 | 6.18 | 1.00 | |
11/26/2024 | 6.19 | 6.19 | 6.19 | 6.19 | 1.00 | |
11/25/2024 | 6.21 | 6.21 | 6.21 | 6.21 | 1.00 | |
11/22/2024 | 6.19 | 6.19 | 6.19 | 6.19 | 1.00 | |
11/21/2024 | 6.19 | 6.19 | 6.19 | 6.19 | 1.00 | |
11/20/2024 | 6.20 | 6.20 | 6.20 | 6.20 | 1.00 | |
11/19/2024 | 6.21 | 6.21 | 6.21 | 6.21 | 1.00 | |
11/18/2024 | 6.17 | 6.17 | 6.17 | 6.17 | 1.00 | |
11/15/2024 | 6.15 | 6.15 | 6.15 | 6.15 | 1.00 | |
11/14/2024 | 6.15 | 6.15 | 6.15 | 6.15 | 1.00 | |
11/13/2024 | 6.17 | 6.17 | 6.17 | 6.17 | 1.00 | |
11/12/2024 | 6.18 | 6.18 | 6.18 | 6.18 | 1.00 | |
11/11/2024 | 6.23 | 6.23 | 6.23 | 6.23 | 1.00 | |
11/08/2024 | 6.27 | 6.27 | 6.27 | 6.27 | 1.00 | |
11/07/2024 | 6.30 | 6.30 | 6.30 | 6.30 | 1.00 | |
11/06/2024 | 6.23 | 6.23 | 6.23 | 6.23 | 1.00 | |
11/05/2024 | 6.29 | 6.29 | 6.29 | 6.29 | 1.00 | |
11/04/2024 | 6.26 | 6.26 | 6.26 | 6.26 | 1.00 | |
11/01/2024 | 6.26 | 6.26 | 6.26 | 6.26 | 1.00 | |
10/31/2024 | 6.26 | 6.26 | 6.26 | 6.26 | 1.00 | |
10/30/2024 | 6.26 | 6.26 | 6.26 | 6.26 | 1.00 | |
10/29/2024 | 6.26 | 6.26 | 6.26 | 6.26 | 1.00 | |
10/28/2024 | 6.27 | 6.27 | 6.27 | 6.27 | 1.00 | |
10/25/2024 | 6.28 | 6.28 | 6.28 | 6.28 | 1.00 | |
10/24/2024 | 6.30 | 6.30 | 6.30 | 6.30 | 1.00 | |
10/23/2024 | 6.27 | 6.27 | 6.27 | 6.27 | 1.00 | |
10/22/2024 | 6.31 | 6.31 | 6.31 | 6.31 | 1.00 | |
10/21/2024 | 6.32 | 6.32 | 6.32 | 6.32 | 1.00 | |
10/18/2024 | 6.35 | 6.35 | 6.35 | 6.35 | 1.00 | |
10/17/2024 | 6.35 | 6.35 | 6.35 | 6.35 | 1.00 | |
10/16/2024 | 6.36 | 6.36 | 6.36 | 6.36 | 1.00 | |
10/15/2024 | 6.34 | 6.34 | 6.34 | 6.34 | 1.00 | |
10/14/2024 | 6.40 | 6.40 | 6.40 | 6.40 | 1.00 | |
10/11/2024 | 6.41 | 6.41 | 6.41 | 6.41 | 1.00 | |
10/10/2024 | 6.39 | 6.39 | 6.39 | 6.39 | 1.00 | |
10/09/2024 | 6.40 | 6.40 | 6.40 | 6.40 | 1.00 | |
10/08/2024 | 6.42 | 6.42 | 6.42 | 6.42 | 1.00 | |
10/07/2024 | 6.42 | 6.42 | 6.42 | 6.42 | 1.00 | |
10/04/2024 | 6.47 | 6.47 | 6.47 | 6.47 | 1.00 | |
10/03/2024 | 6.49 | 6.49 | 6.49 | 6.49 | 1.00 | |
10/02/2024 | 6.54 | 6.54 | 6.54 | 6.54 | 1.00 | |
10/01/2024 | 6.56 | 6.56 | 6.56 | 6.56 | 1.00 | |
09/30/2024 | 6.60 | 6.60 | 6.60 | 6.60 | 1.00 | |
09/27/2024 | 6.62 | 6.62 | 6.62 | 6.62 | 1.00 | |
09/26/2024 | 6.61 | 6.61 | 6.61 | 6.61 | 1.00 | |
09/25/2024 | 6.59 | 6.59 | 6.59 | 6.59 | 1.00 | |
09/24/2024 | 6.60 | 6.60 | 6.60 | 6.60 | 1.00 | |
09/23/2024 | 6.55 | 6.55 | 6.55 | 6.55 | 1.00 | |
09/20/2024 | 6.56 | 6.56 | 6.56 | 6.56 | 1.00 |
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 Sovereign and Quasi-Sovereign issuers of Emerging Market Countries that are denominated in the local currency of the issuer. Sovereigns are governments of Emerging Market Countries. Quasi-Sovereigns are governmental entities, agencies and other issuers the obligations of which are guaranteed by an emerging market government and issuers otherwise represented in the J.P. Morgan Government Bond Index-Emerging Markets Global Diversified or a similar index as determined by the Investment Manager. The fund is non-diversified.
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.
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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 | (0.07) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (1.10) |
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.
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