Ashmore Emerging Markets Fund Technical Analysis

EFEIX Fund  USD 9.96  0.66  0.00%   
As of the 28th of March, Ashmore Emerging shows the mean deviation of 0.3419, and Risk Adjusted Performance of 0.2295. Ashmore Emerging Markets technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for eighteen technical drivers for Ashmore Emerging Markets, which can be compared to its rivals. Please confirm Ashmore Emerging Markets downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Ashmore Emerging Markets is priced correctly, providing market reflects its regular price of 11.58 per share.

Ashmore Emerging Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ashmore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ashmore
  
Ashmore Emerging's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of Ashmore Emerging technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ashmore Emerging trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Ashmore Emerging Markets Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ashmore Emerging Markets volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ashmore Emerging Markets Trend Analysis

Use this graph to draw trend lines for Ashmore Emerging Markets. You can use it to identify possible trend reversals for Ashmore Emerging as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ashmore Emerging price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ashmore Emerging Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ashmore Emerging Markets applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Ashmore Emerging Markets will continue generating value for investors. It has 122 observation points and a regression sum of squares at 20.41, which is the sum of squared deviations for the predicted Ashmore Emerging price change compared to its average price change.

About Ashmore Emerging Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ashmore Emerging Markets on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ashmore Emerging Markets based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Ashmore Emerging Markets price pattern first instead of the macroeconomic environment surrounding Ashmore Emerging Markets. By analyzing Ashmore Emerging's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ashmore Emerging's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ashmore Emerging specific price patterns or momentum indicators. Please read more on our technical analysis page.

Ashmore Emerging March 28, 2024 Technical Indicators

Most technical analysis of Ashmore help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ashmore from various momentum indicators to cycle indicators. When you analyze Ashmore charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Ashmore Emerging March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Ashmore stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Investing Opportunities 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 various price indices.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Ashmore Mutual Fund analysis

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.