Matthews International Competition
| ADVE Etf | 44.49 0.11 0.25% |
Matthews International vs Harbor SMID Correlation
Almost no diversification
The correlation between Matthews International Funds and EPSV is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Matthews International Funds and EPSV in the same portfolio, assuming nothing else is changed.
Moving together with Matthews Etf
| 0.99 | VPL | Vanguard FTSE Pacific Sell-off Trend | PairCorr |
| 0.98 | IPAC | iShares Core MSCI | PairCorr |
| 0.98 | DVYA | iShares AsiaPacific | PairCorr |
| 0.64 | USD | ProShares Ultra Semi | PairCorr |
Moving against Matthews Etf
| 0.87 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matthews International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Matthews International Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Matthews International and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Matthews and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Matthews International does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Matthews International Constituents Risk-Adjusted Indicators
There is a big difference between Matthews Etf performing well and Matthews International ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Matthews International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EPMV | 0.75 | 0.10 | 0.11 | 0.17 | 0.67 | 2.18 | 3.99 | |||
| OBOR | 0.74 | 0.19 | 0.10 | 0.89 | 1.06 | 1.63 | 5.63 | |||
| NVIR | 0.86 | 0.24 | 0.18 | 2.76 | 0.71 | 1.95 | 4.10 | |||
| EPMB | 0.65 | 0.11 | 0.12 | 0.18 | 0.56 | 1.94 | 3.48 | |||
| QCMU | 2.86 | (0.58) | 0.00 | 0.90 | 0.00 | 4.59 | 24.32 | |||
| IBRN | 1.30 | 0.15 | 0.10 | 0.27 | 1.15 | 2.81 | 6.61 | |||
| USNG | 0.93 | 0.13 | 0.09 | 0.36 | 0.92 | 1.82 | 4.63 | |||
| XVOL | 0.64 | (0.03) | (0.06) | 0.03 | 0.83 | 1.62 | 3.79 | |||
| ITDJ | 0.56 | 0.03 | 0.02 | 0.11 | 0.66 | 1.15 | 3.10 | |||
| EPSV | 0.86 | 0.15 | 0.14 | 0.21 | 0.80 | 2.68 | 4.63 |
Matthews International Competitive Analysis
The better you understand Matthews International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Matthews International's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Matthews International's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Matthews International Competition Performance Charts
Five steps to successful analysis of Matthews International Competition
Matthews International's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Matthews International in relation to its competition. Matthews International's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Matthews International in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Matthews International's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Matthews International, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Matthews International position
In addition to having Matthews International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run IT Thematic Idea Now
IT
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize IT Theme or any other thematic opportunities.
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Check out Matthews International Correlation with its peers. For information on how to trade Matthews Etf refer to our How to Trade Matthews Etf guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Understanding Matthews International requires distinguishing between market price and book value, where the latter reflects Matthews's accounting equity. The concept of intrinsic value - what Matthews International's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Matthews International's price substantially above or below its fundamental value.
Understanding that Matthews International's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Matthews International represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Matthews International's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.