Matthews International Financial Statements From 2010 to 2024
| MKOR Etf | 23.35 0.21 0.89% |
Check Matthews International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matthews International's main balance sheet or income statement drivers, such as , as well as many indicators such as . Matthews financial statements analysis is a perfect complement when working with Matthews International Valuation or Volatility modules.
Matthews |
Matthews International Funds ETF Beta Analysis
Matthews International's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Matthews International Beta | 1.31 |
Most of Matthews International's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Matthews International Funds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Matthews International Funds has a Beta of 1.31. This is much higher than that of the family and significantly higher than that of the Miscellaneous Region category. The beta for all United States etfs is notably lower than that of the firm.
About Matthews International Financial Statements
Matthews International shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Matthews International investors may analyze each financial statement separately, they are all interrelated. The changes in Matthews International's assets and liabilities, for example, are also reflected in the revenues and expenses on on Matthews International's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with Matthews International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Matthews International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Matthews International will appreciate offsetting losses from the drop in the long position's value.Moving together with Matthews Etf
Moving against Matthews Etf
| 0.68 | VUG | Vanguard Growth Index | PairCorr |
| 0.68 | VO | Vanguard Mid Cap | PairCorr |
| 0.68 | VB | Vanguard Small Cap | PairCorr |
| 0.66 | VTI | Vanguard Total Stock | PairCorr |
| 0.63 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
The ability to find closely correlated positions to Matthews International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matthews International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Matthews International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Matthews International Funds to buy it.
The correlation of Matthews International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Matthews International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matthews International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Matthews International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Matthews International Correlation against competitors. To learn how to invest in Matthews Etf, please use our How to Invest in Matthews International guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Matthews International is measured differently than its book value, which is the value of Matthews that is recorded on the company's balance sheet. Investors also form their own opinion of Matthews International's value that differs from its market value or its book value, called intrinsic value, which is Matthews International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Matthews International's market value can be influenced by many factors that don't directly affect Matthews International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Matthews International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews International'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.