Net Asset Value Jumps
Hi Team,
I am referring to the picture attached, which shows the time series of the nat asset value (NAV) for ric EEM (iShares, Inc: iShares MSCI Emerging Markets ETF) along with the closing prices retrived using python get data function.
The values for NAV seem very low before Jul 2008.
In terms of returns both are pretty much the same (also before 2008, ignoring the two jumps). Infact before the first jump, multiplying NAV by the factor of 9 and there after til 2008 by the factor of 3 would rougly lead to the same time series.
Do you have an explanation for this behavior?
Thank you very much!
Best Answer
-
@basilio.konstantin.kalus , I just checked the Lipper's primary desktop service (Lipper for Investment Management), I do not see the jump of NAV. This may be an issue of historical data sync that you can raise to customer support for them to escalate to technical teams to check and fix. I downloaded the prices data for the period as below from Lipper IM:
|Date|NAV|Market Close|
-----
|2008-07-31|43.1146|42.75|
|2008-07-30|43.1612|43.73|
|2008-07-29|42.359018|44.19|
|2008-07-28|42.192872|41.87|
|2008-07-25|42.428993|42.59|
|2008-07-24|42.914477|42.3|
|2008-07-23|43.7516562|43.9232894|
|2008-07-22|43.3578566|43.8599561|
|2008-07-21|43.5371565|43.8332895|
|2008-07-18|43.011457|43.2966234|
|2008-07-17|43.3642233|43.6732897|
|2008-07-16|42.8538905|43.4699565|
|2008-07-15|42.2533911|42.2499578|
|2008-07-14|43.2641231|42.9666237|
|2008-07-11|43.2564234|43.019957|
|2008-07-10|43.2172628|43.3099567|
|2008-07-09|43.0484236|42.5399575|
|2008-07-08|42.7579239|43.4166233|
|2008-07-07|43.2958864|42.8899571|
|2008-07-04|43.1058356|43.0432903|
|2008-07-03|43.1058356|43.0432903|
|2008-07-02|43.8543288|43.1666235|
|2008-07-01|44.5769401|44.4332889|
|2008-06-30|45.2099881|45.2399548|
|2008-06-27|45.0383883|44.8999551|
|2008-06-26|45.0709549|44.4699555|
|2008-06-25|45.8795541|46.049954|
|2008-06-24|45.622821|45.6632877|
|2008-06-23|46.020954|45.8666208|
|2008-06-20|46.2278204|45.7332876|
|2008-06-19|47.1764862|47.2766194|
|2008-06-18|47.4578525|47.2032861|
|2008-06-17|47.679239|47.4332859|
|2008-06-16|47.1965861|47.2332861|
|2008-06-13|46.8797865|47.0732863|
|2008-06-12|46.7813532|46.5699534|
|2008-06-11|46.7812532|46.2999537|
|2008-06-10|47.3241527|47.0032863|
|2008-06-09|48.6119514|48.1132852|
|2008-06-06|48.959755|48.2366184|
|2008-06-05|49.625117|50.04995|
|2008-06-04|48.7505846|48.5066182|
|2008-06-03|49.4029839|48.9332844|
|2008-06-02|50.0657833|49.8332835|
0
Answers
-
Hi @basilio.konstantin.kalus, It would be difficult to tell what went wrong in the above without the code... Would you mind sharing the code that produced this data?
0 -
@jonathan.legrand sure, i have plotted the output of:
fields=["TR.CLOSEPRICE", "BID", "ASK", "NAVALUE"]
fund_data = rd.get_history(universe="EEM", fields=fields, interval="1D", start = '2003-01-01', end = '2024-01-01')There are other rics that show the same pattern such as: "EWM"
0 -
Hi @basilio.konstantin.kalus ,
Please note that this is indeed the data as it comes from our databases:
The LSEG Developer Q&A Community Forum is for technical LSEG API questions only, I'm afraid. For such content questions, please refer to my.refinitiv.com.
0 -
Hi @bob.lee, thanks for checking on this! Will talk to customer support, and see if they can fix the values for this and the other rics. It seems like the data I am seeing has been indexed since it mimics the relative changes that I was expecting just on another level.
0
Categories
- All Categories
- 6 AHS
- 37 Alpha
- 161 App Studio
- 4 Block Chain
- 4 Bot Platform
- 16 Connected Risk APIs
- 47 Data Fusion
- 30 Data Model Discovery
- 608 Datastream
- 1.3K DSS
- 577 Eikon COM
- 4.9K Eikon Data APIs
- 7 Electronic Trading
- Generic FIX
- 7 Local Bank Node API
- Trading API
- 2.7K Elektron
- 1.3K EMA
- 236 ETA
- 519 WebSocket API
- 33 FX Venues
- 10 FX Market Data
- 1 FX Post Trade
- 1 FX Trading - Matching
- 12 FX Trading – RFQ Maker
- 5 Intelligent Tagging
- 2 Legal One
- 20 Messenger Bot
- 2 Messenger Side by Side
- 9 ONESOURCE
- 7 Indirect Tax
- 59 Open Calais
- 264 Open PermID
- 39 Entity Search
- 2 Org ID
- PAM
- PAM - Logging
- 8.4K Private Comments
- 6 Product Insight
- Project Tracking
- ProView
- ProView Internal
- 20 RDMS
- 1.4K Refinitiv Data Platform
- 367 Refinitiv Data Platform Libraries
- 3 Refinitiv Due Diligence
- LSEG Due Diligence Portal API
- 3 Refinitiv Due Dilligence Centre
- Rose's Space
- 1.1K Screening
- 18 Qual-ID API
- 13 Screening Deployed
- 23 Screening Online
- 10 World-Check Customer Risk Screener
- 990 World-Check One
- 44 World-Check One Zero Footprint
- 45 Side by Side Integration API
- Test Space
- 3 Thomson One Smart
- 1.2K TR Internal
- Global Hackathon 2015
- 2 Specialists Who Code
- 10 TR Knowledge Graph
- 150 Transactions
- 142 REDI API
- 1.7K TREP APIs
- 4 CAT
- 21 DACS Station
- 117 Open DACS
- 1.1K RFA
- 103 UPA
- 172 TREP Infrastructure
- 224 TRKD
- 886 TRTH
- 5 Velocity Analytics
- 5 Wealth Management Web Services
- 59 Workspace SDK
- 9 Element Framework
- 5 Grid
- 13 World-Check Data File
- Yield Book Analytics
- 46 中文论坛