Matthews Asian Growth Fund Price on May 10, 2024
| MACSX Fund | USD 13.34 0.09 0.68% |
Below is the normalized historical share price chart for Matthews Asian Growth extending back to February 18, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Matthews Asian stands at 13.34, as last reported on the 22nd of January, with the highest price reaching 13.34 and the lowest price hitting 13.34 during the day.
If you're considering investing in Matthews Mutual Fund, it is important to understand the factors that can impact its price. Matthews Asian Growth has Sharpe Ratio of -0.057, which conveys that the entity had a -0.057 % return per unit of risk over the last 3 months. Matthews Asian exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Matthews Asian's Mean Deviation of 0.5458, risk adjusted performance of (0.05), and Standard Deviation of 0.7294 to check out the risk estimate we provide.
Matthews Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Matthews |
Sharpe Ratio = -0.057
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| Negative Returns | MACSX |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Matthews Asian is not performing at its full potential. However, 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 Asian by adding Matthews Asian to a well-diversified portfolio.
Matthews Asian Valuation on May 10, 2024
It is possible to determine the worth of Matthews Asian on a given historical date. On May 10, 2024 Matthews was worth 12.63 at the beginning of the trading date compared to the closed value of 12.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matthews Asian mutual fund. Still, in general, we apply an absolute valuation method to find Matthews Asian'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 Asian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matthews Asian's related companies.
| Open | High | Low | Close | Volume | |
| 12.59 | 12.59 | 12.59 | 12.59 | 1.00 | |
05/10/2024 | 12.63 | 12.63 | 12.63 | 12.63 | 1.00 |
| 12.72 | 12.72 | 12.72 | 12.72 | 1.00 |
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Matthews Asian Trading Date Momentum on May 10, 2024
| On May 13 2024 Matthews Asian Growth was traded for 12.72 at the closing time. The highest daily price throughout the period was 12.72 and the lowest price was 12.72 . There was no trading activity during the period 1.0. Lack of trading volume on 05/13/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.71% . The trading delta at closing time to current closing price is 2.38% . |
Matthews Asian Growth Fundamentals Correlations and Trends
By evaluating Matthews Asian's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Matthews Asian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Matthews financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Matthews Asian Mutual Fund history
Matthews Asian 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 Asian Growth 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 Asian stock prices may prove useful in developing a viable investing in Matthews Asian
The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, which include borrowings for investment purposes, in dividend-paying common stock, preferred stock and other equity securities, and convertible securities as well as fixed-income securities, of any duration or quality, including high yield securities , of companies located in Asia, which consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region.
Matthews Asian Mutual Fund Technical Analysis
Matthews Asian technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Matthews Asian Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Matthews Asian Growth cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Asian January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Matthews Asian mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Matthews Asian shares will generate the highest return on investment. By undertsting and applying Matthews Asian mutual fund market strength indicators, traders can identify Matthews Asian Growth entry and exit signals to maximize returns
Matthews Asian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matthews Asian's price direction in advance. Along with the technical and fundamental analysis of Matthews Mutual Fund 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 | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.18) |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Matthews Mutual Fund
Matthews Asian financial ratios help investors to determine whether Matthews Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Matthews with respect to the benefits of owning Matthews Asian security.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |