Matthews China Active Etf Price on July 22, 2024
MCH Etf | USD 22.16 0.70 3.06% |
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 China stands at 22.16, as last reported on the 23rd of November, with the highest price reaching 22.22 and the lowest price hitting 22.10 during the day. Matthews China appears to be not too volatile, given 3 months investment horizon. Matthews China Active has Sharpe Ratio of 0.0964, which conveys that the entity had a 0.0964% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Matthews China, which you can use to evaluate the volatility of the etf. Please exercise Matthews China's Risk Adjusted Performance of 0.0844, downside deviation of 2.98, and Mean Deviation of 2.22 to check out if our risk estimates are consistent with your expectations.
Matthews Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Matthews |
Sharpe Ratio = 0.0964
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Estimated Market Risk
3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Matthews China is performing at about 7% 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 China by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 55 K |
Matthews China Main Headline on 22nd of July 2024
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Matthews China Valuation on July 22, 2024
It is possible to determine the worth of Matthews China on a given historical date. On July 22, 2024 Matthews was worth 19.34 at the beginning of the trading date compared to the closed value of 19.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matthews China etf. Still, in general, we apply an absolute valuation method to find Matthews China'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 China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matthews China's related companies.
Open | High | Low | Close | Volume | |
19.17 | 19.18 | 19.15 | 19.15 | 300.00 | |
07/22/2024 | 19.34 | 19.40 | 19.34 | 19.36 | 12,343 |
18.97 | 18.97 | 18.97 | 18.97 | 256.00 |
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Matthews China Trading Date Momentum on July 22, 2024
On July 23 2024 Matthews China Active was traded for 18.97 at the closing time. Highest Matthews China's price during the trading hours was 18.97 and the lowest price during the day was 18.97 . The net volume was 256. The overall trading history on the 23rd of July contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.01% . The trading delta at closing time to current price is 3.25% . |
About Matthews China Etf history
Matthews China 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 China Active 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 China stock prices may prove useful in developing a viable investing in Matthews China
Matthews China Etf Technical Analysis
Matthews China 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 China Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Matthews China Active 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 China November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Matthews China 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 China shares will generate the highest return on investment. By undertsting and applying Matthews China etf market strength indicators, traders can identify Matthews China Active entry and exit signals to maximize returns
Matthews China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matthews China'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 | 0.0844 | |||
Jensen Alpha | 0.3081 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | 0.078 | |||
Treynor Ratio | 1.36 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews China Active. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Matthews China Active 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 China's value that differs from its market value or its book value, called intrinsic value, which is Matthews China'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 China's market value can be influenced by many factors that don't directly affect Matthews China'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 China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews China'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.