Maybank Emerging Etf Price on August 4, 2023
| MEM Etf | USD 31.78 0.11 0.34% |
If you're considering investing in MAYBANK Etf, it is important to understand the factors that can impact its price. As of today, the current price of MAYBANK EMERGING stands at 31.78, as last reported on the 27th of November, with the highest price reaching 31.88 and the lowest price hitting 31.73 during the day. As of now, MAYBANK Etf is very steady. MAYBANK EMERGING ETF has Sharpe Ratio of 0.0513, which conveys that the etf had a 0.0513% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for MAYBANK EMERGING, which you can use to evaluate the volatility of the entity. Please verify MAYBANK EMERGING's downside deviation of 1.22, and Mean Deviation of 0.9196 to check out if the risk estimate we provide is consistent with the expected return of 0.0669%.
MAYBANK Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
MAYBANK |
Sharpe Ratio = 0.0513
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| Cash | MEM | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average MAYBANK EMERGING is performing at about 4% 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 MAYBANK EMERGING by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 65.2 K |
MAYBANK EMERGING Valuation on August 4, 2023
It is possible to determine the worth of MAYBANK EMERGING on a given historical date. On August 4, 2023 MAYBANK was worth 28.36 at the beginning of the trading date compared to the closed value of 28.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAYBANK EMERGING etf. Still, in general, we apply an absolute valuation method to find MAYBANK EMERGING'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 MAYBANK EMERGING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAYBANK EMERGING's related companies.
| Open | High | Low | Close | Volume | |
| 27.98 | 28.06 | 27.98 | 28.03 | 3,300 | |
08/04/2023 | 28.36 | 28.36 | 28.09 | 28.09 | 2,600 |
| 28.05 | 28.17 | 28.05 | 28.17 | 3,200 |
| Backtest MAYBANK EMERGING | | | MAYBANK EMERGING History | | | MAYBANK EMERGING Valuation | Previous | Next |
MAYBANK EMERGING Trading Date Momentum on August 4, 2023
| On August 07 2023 MAYBANK EMERGING ETF was traded for 28.17 at the closing time. Highest MAYBANK EMERGING's price during the trading hours was 28.17 and the lowest price during the day was 28.05 . The net volume was 3.2 K. The overall trading history on the 7th of August contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 0.28% . The trading delta at closing time to current price is 2.56% . |
MAYBANK EMERGING ETF Fundamentals Correlations and Trends
By evaluating MAYBANK EMERGING'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 MAYBANK EMERGING's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MAYBANK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MAYBANK EMERGING Etf history
MAYBANK EMERGING 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 MAYBANK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MAYBANK EMERGING ETF 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 MAYBANK EMERGING stock prices may prove useful in developing a viable investing in MAYBANK EMERGING
Under normal circumstances, 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 the common and preferred stocks of companies located in emerging market countries. Matthews Emerging is traded on NYSEARCA Exchange in the United States.
MAYBANK EMERGING Etf Technical Analysis
MAYBANK EMERGING 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
MAYBANK EMERGING Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
MAYBANK EMERGING ETF 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.
MAYBANK EMERGING November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how MAYBANK EMERGING etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAYBANK EMERGING shares will generate the highest return on investment. By undertsting and applying MAYBANK EMERGING etf market strength indicators, traders can identify MAYBANK EMERGING ETF entry and exit signals to maximize returns
MAYBANK EMERGING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MAYBANK EMERGING's price direction in advance. Along with the technical and fundamental analysis of MAYBANK Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MAYBANK 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 | 0.035 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1069 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAYBANK EMERGING ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of MAYBANK EMERGING ETF is measured differently than its book value, which is the value of MAYBANK that is recorded on the company's balance sheet. Investors also form their own opinion of MAYBANK EMERGING's value that differs from its market value or its book value, called intrinsic value, which is MAYBANK EMERGING'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 MAYBANK EMERGING's market value can be influenced by many factors that don't directly affect MAYBANK EMERGING'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 MAYBANK EMERGING's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAYBANK EMERGING is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAYBANK EMERGING'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.