Ashmore Emerging Markets Fund Probability of Future Mutual Fund Price Finishing Under 3.74
| ESFCX Fund | USD 4.60 0.01 0.22% |
Ashmore |
Ashmore Emerging Target Price Odds to finish below 3.74
The tendency of Ashmore Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 3.74 or more in 90 days |
| 4.60 | 90 days | 3.74 | near 1 |
Based on a normal probability distribution, the odds of Ashmore Emerging to drop to $ 3.74 or more in 90 days from now is near 1 (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) . Probability of Ashmore Emerging Markets price to stay between $ 3.74 and its current price of $4.6 at the end of the 90-day period is about 15.92 .
Assuming the 90 days horizon Ashmore Emerging has a beta of 0.0572 suggesting as returns on the market go up, Ashmore Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ashmore Emerging Markets will be expected to be much smaller as well. Additionally Ashmore Emerging Markets has an alpha of 0.0079, implying that it can generate a 0.007888 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ashmore Emerging Price Density |
| Price |
Predictive Modules for Ashmore Emerging
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ashmore Emerging Markets. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ashmore Emerging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ashmore Emerging Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ashmore Emerging is not an exception. The market had few large corrections towards the Ashmore Emerging's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ashmore Emerging Markets, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ashmore Emerging within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.11 |
Ashmore Emerging Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ashmore Emerging for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ashmore Emerging Markets can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ashmore Emerging generated a negative expected return over the last 90 days | |
| Ashmore Emerging Markets generated five year return of -6.0% | |
| This fund retains about 26.64% of its assets under management (AUM) in cash |
Ashmore Emerging Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ashmore Mutual Fund often depends not only on the future outlook of the current and potential Ashmore Emerging's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ashmore Emerging's indicators that are reflective of the short sentiment are summarized in the table below.
Ashmore Emerging Technical Analysis
Ashmore Emerging's future price can be derived by breaking down and analyzing its technical indicators over time. Ashmore Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ashmore Emerging Markets. In general, you should focus on analyzing Ashmore Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Ashmore Emerging Predictive Forecast Models
Ashmore Emerging's time-series forecasting models is one of many Ashmore Emerging's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ashmore Emerging's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Ashmore Emerging Markets
Checking the ongoing alerts about Ashmore Emerging for important developments is a great way to find new opportunities for your next move. Our stock 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.
| Ashmore Emerging generated a negative expected return over the last 90 days | |
| Ashmore Emerging Markets generated five year return of -6.0% | |
| This fund retains about 26.64% of its assets under management (AUM) in cash |
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.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |