Matthews International Funds Etf Price on November 5, 2024
ASIA Etf | USD 27.19 0.11 0.41% |
If you're considering investing in Matthews Etf, it is important to understand the factors that can impact its price. As of today, the current price of Matthews International stands at 27.19, as last reported on the 4th of December, with the highest price reaching 27.19 and the lowest price hitting 26.99 during the day. At this point, Matthews International is very steady. Matthews International has Sharpe Ratio of 0.0709, which conveys that the entity had a 0.0709% return per unit of risk over the last 3 months. We have found thirty technical indicators for Matthews International, which you can use to evaluate the volatility of the etf. Please verify Matthews International's Risk Adjusted Performance of 0.0386, mean deviation of 0.9654, and Downside Deviation of 1.4 to check out if the risk estimate we provide is consistent with the expected return of 0.0981%.
Matthews Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Matthews |
Sharpe Ratio = 0.0709
Best Portfolio | Best Equity | |||
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Cash | Small Risk | ASIA | High Risk | Huge Risk |
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Estimated Market Risk
1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Matthews International is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Matthews International by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 63.4 K |
Matthews International Main Headline on 5th of November 2024
Gold Steady as Market Holds Breath Before Tight US Election by bnnbloomberg.ca
Gold was steady as the market braced for a tight US election, and a Federal Reserve rate decision later in the week.
Matthews International Valuation on November 5, 2024
It is possible to determine the worth of Matthews International on a given historical date. On November 5, 2024 Matthews was worth 28.32 at the beginning of the trading date compared to the closed value of 28.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matthews International etf. Still, in general, we apply an absolute valuation method to find Matthews International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Matthews International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matthews International's related companies.
Open | High | Low | Close | Volume | |
27.97 | 28.08 | 27.85 | 27.88 | 3,201 | |
11/05/2024 | 28.32 | 28.34 | 28.28 | 28.30 | 10,248 |
27.68 | 28.08 | 27.68 | 27.94 | 6,000 |
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Matthews International Trading Date Momentum on November 5, 2024
On November 06 2024 Matthews International Funds was traded for 27.94 at the closing time. The top price for the day was 28.08 and the lowest listed price was 27.68 . The trading volume for the day was 6 K. The trading history from November 6, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.27% . The trading delta at closing time against the current closing price is 5.12% . |
About Matthews International Etf history
Matthews International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Matthews is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Matthews International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Matthews International stock prices may prove useful in developing a viable investing in Matthews International
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Matthews International Etf Technical Analysis
Matthews International technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Matthews International Period Price Range
Low | December 4, 2024
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0.00 | 0.00 |
Matthews International Funds cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Matthews International December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Matthews International etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Matthews International shares will generate the highest return on investment. By undertsting and applying Matthews International etf market strength indicators, traders can identify Matthews International Funds entry and exit signals to maximize returns
Matthews International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matthews International's price direction in advance. Along with the technical and fundamental analysis of Matthews Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Matthews to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0386 | |||
Jensen Alpha | 0.0169 | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.1527 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Matthews International Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Matthews Etf refer to our How to Trade Matthews Etf guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.