Emerging Markets Growth Fund Price on November 11, 2024
REFGX Fund | USD 6.76 0.03 0.44% |
Below is the normalized historical share price chart for Emerging Markets Growth extending back to September 01, 2017. 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 Emerging Markets stands at 6.76, as last reported on the 29th of December, with the highest price reaching 6.76 and the lowest price hitting 6.76 during the day.
If you're considering investing in Emerging Mutual Fund, it is important to understand the factors that can impact its price. Emerging Markets Growth secures Sharpe Ratio (or Efficiency) of -0.19, which denotes the fund had a -0.19% return per unit of risk over the last 3 months. Emerging Markets Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emerging Markets' Mean Deviation of 0.6092, standard deviation of 0.7768, and Variance of 0.6034 to check the risk estimate we provide.
Emerging Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Emerging |
Sharpe Ratio = -0.1913
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Estimated Market Risk
0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.14 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 Emerging Markets 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 Emerging Markets by adding Emerging Markets to a well-diversified portfolio.
Emerging Markets Valuation on November 11, 2024
It is possible to determine the worth of Emerging Markets on a given historical date. On November 11, 2024 Emerging was worth 7.08 at the beginning of the trading date compared to the closed value of 7.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emerging Markets mutual fund. Still, in general, we apply an absolute valuation method to find Emerging Markets' 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 Emerging Markets where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emerging Markets' related companies.
Open | High | Low | Close | Volume | |
7.12 | 7.12 | 7.12 | 7.12 | 1.00 | |
11/11/2024 | 7.08 | 7.08 | 7.08 | 7.08 | 1.00 |
6.97 | 6.97 | 6.97 | 6.97 | 1.00 |
Backtest Emerging Markets | | | Emerging Markets History | | | Emerging Markets Valuation | Previous | Next |
Emerging Markets Trading Date Momentum on November 11, 2024
On November 12 2024 Emerging Markets Growth was traded for 6.97 at the closing time. The highest daily price throughout the period was 6.97 and the lowest price was 6.97 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.55% . The overall trading delta to current closing price is 1.84% . |
Emerging Markets Growth Fundamentals Correlations and Trends
By evaluating Emerging Markets' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Emerging Markets' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Emerging financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Emerging Markets Mutual Fund history
Emerging Markets 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 Emerging is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emerging Markets Growth 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 Emerging Markets stock prices may prove useful in developing a viable investing in Emerging Markets
The fund invests primarily in common stock and other equity securities of issuers in developing countries. Developing countries are also known as emerging markets. In determining whether an issuer is in a developing country, the manager will consider, among other things, whether the country is generally considered to be a developing country by the international financial community, where the issuer is domiciled andor the location of the issuers principal place of business. It invests at least 90 percent of its net assets in developing country equity securities.
Emerging Markets Mutual Fund Technical Analysis
Emerging Markets 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.
Price Boundaries
Emerging Markets Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Emerging Markets Growth cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Emerging Markets December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Emerging Markets 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 Emerging Markets shares will generate the highest return on investment. By undertsting and applying Emerging Markets mutual fund market strength indicators, traders can identify Emerging Markets Growth entry and exit signals to maximize returns
Emerging Markets Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Emerging Markets' price direction in advance. Along with the technical and fundamental analysis of Emerging Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emerging 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 | (0.09) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (1.08) |
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Volume Indicators |
Other Information on Investing in Emerging Mutual Fund
Emerging Markets financial ratios help investors to determine whether Emerging 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 Emerging with respect to the benefits of owning Emerging Markets security.
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