Statistics of Price Movements of Emerging Markets Domestic Debt Fund (EDD)

The price movements of Emerging Markets Domestic Debt Fund (ticker EDD) are summarized in five ways:

  • Table 1. Statistics of daily price changes using the closing prices
  • Table 2. Statistics of daily price changes using the closing and opening prices
  • Table 3 – 7. Statistics of daily price changes when EDD opened with an increase of 1%, 2%, 3%, 4%, or more than 5%
  • Table 8 – 10. Statistics of stock price changes in the 20 days after EDD had a big price move
  • Table 11. Statistics of daily price changes in the 20 days after EDD moved 5% with twice the 30-day average volume

The statistics are calculated using EDD's price data across 1,549 trading days from 2015 to 2020.

Table 1. Statistics of EDD one-day price changes

In this table, the one-day price change is calculated using the closing price and the previous day's closing price.

In the past 1,549 trading days, 44.3% of the time (686 days), EDD closed above the previous day's closing price. 45.7% of the time (708 days), it closed below the previous day's closing price. 9.9% of the time (154 days), it did not change.

Also see: VIX price movement study.

EDD Price Change (%) Number of Days % of Total Sessions
9 – 10% 1
0.06%
8 – 9% 1
0.06%
6 – 7% 1
0.06%
4 – 5% 4
0.26%
3 – 4% 1
0.06%
2 – 3% 22
1.42%
1 – 2% 154
9.95%
0 – 1% 502
32.43%
0% 154
9.95%
0 – -1% 537
34.69%
-1 – -2% 126
8.14%
-2 – -3% 29
1.87%
-3 – -4% 7
0.45%
-4 – -5% 5
0.32%
-7 – -8% 1
0.06%
-8 – -9% 2
0.13%
-22 – -23% 1
0.06%

Table 2. Statistics of EDD: Closing vs. Open

In this table, instead of using the closing price of the previous day, the opening price is used to calculate the one-day price change of EDD.

41.5% of the time (643 days), EDD closed above the opening price. 47.3% of the time (732 days), it closed below the opening price. 11.2% of the time (174 days), it closed where it started.

Closing - Open (%) Number of Days % of Total Sessions
15 – 16% 1
0.06%
9 – 10% 1
0.06%
7 – 8% 1
0.06%
4 – 5% 3
0.19%
3 – 4% 4
0.26%
2 – 3% 20
1.29%
1 – 2% 119
7.68%
0 – 1% 494
31.89%
0% 174
11.23%
0 – -1% 588
37.96%
-1 – -2% 125
8.07%
-2 – -3% 14
0.90%
-3 – -4% 3
0.19%
-4 – -5% 1
0.06%
-19 – -20% 1
0.06%

Table 3. One-day performance when EDD opened 5% higher than previous close

In the past 1,549 trading days, EDD opened more than 5% higher than the previous day's closing price 0 times. Of these days, NaN% (0 days) had closing prices above the opening price, and NaN% (0 days) had closing prices below the opening price.

Closing - Open (%) Number of Days % of Total Sessions

Table 4. Closing vs. open when EDD opened 4–5% higher

On 0 days, EDD opened 4–5% higher than the previous day's closing price. Of these days, NaN% (0 days) had closing prices above the opening price, and NaN% (0 days) had closing prices below the opening price.

Closing - Open (%) Number of Days % of Total Sessions

Table 5. Closing vs. open when EDD open 3 – 4% higher

2 times EDD opened 3 – 4% higher than the previous day's closing price. Among these days, 50.0% (1 days) closed above the opening price, 50.0% (1 days) closed below the opening price.

Closing - Open (%) Number of Days % of Total Sessions
0 – 1% 1
50.00%
-2 – -3% 1
50.00%

Table 6. Closing vs. open when EDD open 2 – 3% higher

3 times EDD opened 2 – 3% higher than the previous day's closing price. Among these days, 0.0% (0 days) closed above the opening price, 66.7% (2 days) closed below the opening price.

Closing - Open (%) Number of Days % of Total Sessions
0% 1
33.33%
0 – -1% 1
33.33%
-1 – -2% 1
33.33%

Table 7. Closing vs. open when EDD open 1 – 2% higher

37 times EDD opened 1 – 2% higher than the previous day's closing price. Among these days, 35.1% (13 days) closed above the opening price, 59.5% (22 days) closed below the opening price.

Closing - Open (%) Number of Days % of Total Sessions
4 – 5% 1
2.70%
3 – 4% 1
2.70%
1 – 2% 3
8.11%
0 – 1% 8
21.62%
0% 2
5.41%
0 – -1% 16
43.24%
-1 – -2% 4
10.81%
-2 – -3% 2
5.41%

Table 8. Periods when EDD moved 15% or more

In this table, we track the price movements in the 20 days after EDD had a one-day price change of at least 15%.

DatePrice ChangePrice Change after 15% Move
Days after:14710131619
20200318-22.4% 9.4 20.5 31.7 24.5 22.3 32.2 32.7

Table 9. Periods when EDD moved 10% or more

In this table, we track the price movements in the 20 days after EDD had a one-day price change of at least 10%.

DatePrice ChangePrice Change after 10% Move
Days after:14710131619
20200318-22.4% 9.4 20.5 31.7 24.5 22.3 32.2 32.7

Table 10. Periods when EDD moved 5% or more

In this table, we track the price movements in the 20 days after EDD had a one-day price change of at least 5%.

DatePrice ChangePrice Change after 5% Move
Days after:14710131619
202003199.4% 8.8 17.0 15.6 13.8 13.8 20.8 19.9
202003208.8% -3.3 12.7 8.3 1.0 9.4 8.7 11.2
202003256.1% 4.8 .8 -6.0 1.7 1.2 3.5 .0
20200312-7.7% .4 -28.0 -17.1 -3.4 -7.1 -13.4 -6.2
20200309-8.2% 4.2 -5.9 -32.4 -22.2 -9.4 -12.9 -18.7
20200316-8.8% 1.6 -6.2 .8 -.4 -1.9 -1.9 4.1
20200318-22.4% 9.4 20.5 31.7 24.5 22.3 32.2 32.7

Table 10a. EDD average price changes following a 5% up day

Of the 1,549 trading days from 2015 to 2020, there were 3 days in which EDD was up more than 5%. This table shows the average price changes over the 3 days.

Average TypeAverage Price Change
Days after:14710131619
Avg for Change ≥ 5% 3.4 10.1 6.0 5.5 8.1 11.0 10.4

Table 10b. EDD average price changes following a 5% down day

Of the 1,549 trading days from 2015 to 2020, there were 4 days in which EDD was down more than -5%. This table shows the average price changes over the 4 days.

Average TypeAverage Price Change
Days after:14710131619
Avg for Change ≥ -5% 3.9 -4.9 -4.3 -.4 1.0 1.0 2.9

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Also see: VIX price movement study.