Emerging Markets Fund Price on May 24, 2023
| REMYX Fund | USD 15.68 0.19 1.20% |
Below is the normalized historical share price chart for Emerging Markets Fund extending back to September 26, 2008. 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 15.68, as last reported on the 2nd of May, with the highest price reaching 15.68 and the lowest price hitting 15.68 during the day.
If you're considering investing in Emerging Mutual Fund, it is important to understand the factors that can impact its price. We consider Emerging Markets very steady. Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Emerging Markets Fund, which you can use to evaluate the volatility of the entity. Please confirm Emerging Markets' Downside Deviation of 0.8578, coefficient of variation of 763.74, and Mean Deviation of 0.5944 to check if the risk estimate we provide is consistent with the expected return of 0.1%.
Emerging Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Emerging |
Sharpe Ratio = 0.1331
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | REMYX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Emerging Markets is performing at about 10% 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 Emerging Markets by adding it to a well-diversified portfolio.
Emerging Markets Valuation on May 24, 2023
It is possible to determine the worth of Emerging Markets on a given historical date. On May 24, 2023 Emerging was worth 14.61 at the beginning of the trading date compared to the closed value of 14.23. 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 | |
| 14.71 | 14.71 | 14.32 | 14.32 | 1.00 | |
05/24/2023 | 14.61 | 14.61 | 14.23 | 14.23 | 1.00 |
| 14.59 | 14.59 | 14.21 | 14.21 | 1.00 |
| Backtest Emerging Markets | | | Emerging Markets History | | | Emerging Markets Valuation | Previous | Next |
Emerging Markets Trading Date Momentum on May 24, 2023
| On May 25 2023 Emerging Markets Fund was traded for 14.21 at the closing time. The highest daily price throughout the period was 14.59 and the lowest price was 14.21 . There was no trading activity during the period 1.0. Lack of trading volume on 05/25/2023 added to the next day price reduction. 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 4.85% . |
Emerging Markets 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 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 has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in emerging market companies. The fund principally invests in equity securities, including common stocks and preferred stocks, of companies economically tied to emerging market countries and in depositary receipts.
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 | May 24, 2023
| High |
14.61 | 14.23 |
Emerging Markets May 2, 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 Fund 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 | 0.0856 | |||
| Jensen Alpha | 0.0501 | |||
| Total Risk Alpha | 0.0314 | |||
| Sortino Ratio | 0.0482 | |||
| Treynor Ratio | 0.1104 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Emerging Markets Fund. 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 manufacturing. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.