Matthews Emerging Markets Etf Price on November 26, 2024
| MEMX Etf | 29.70 0.01 0.03% |
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 Emerging stands at 29.70, as last reported on the 30th of November, with the highest price reaching 29.70 and the lowest price hitting 29.51 during the day. Matthews Emerging Markets has Sharpe Ratio of -0.0269, which conveys that the entity had a -0.0269% return per unit of risk over the last 3 months. Matthews Emerging exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Matthews Emerging's Mean Deviation of 0.5377, risk adjusted performance of (0.05), and Standard Deviation of 0.7112 to check out the risk estimate we provide.
Matthews Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Matthews |
Sharpe Ratio = -0.0269
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| Negative Returns | MEMX |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Matthews Emerging 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 Emerging by adding Matthews Emerging to a well-diversified portfolio.
Average Mkt Cap Mil 45.8 K |
Matthews Emerging Valuation on November 26, 2024
It is possible to determine the worth of Matthews Emerging on a given historical date. On November 26, 2024 Matthews was worth 29.95 at the beginning of the trading date compared to the closed value of 29.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matthews Emerging etf. Still, in general, we apply an absolute valuation method to find Matthews 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 Matthews Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matthews Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 30.03 | 30.14 | 29.98 | 29.99 | 4,941 | |
11/26/2024 | 29.95 | 29.97 | 29.88 | 29.94 | 7,105 |
| 29.87 | 29.87 | 29.70 | 29.71 | 700.00 |
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Matthews Emerging Trading Date Momentum on November 26, 2024
| On November 27 2024 Matthews Emerging Markets was traded for 29.71 at the closing time. The top price for the day was 29.87 and the lowest listed price was 29.70 . The trading volume for the day was 700. The trading history from November 27, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.77% . The trading delta at closing time against the current closing price is 1.40% . |
About Matthews Emerging Etf history
Matthews 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 Matthews is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Matthews Emerging Markets 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 Emerging stock prices may prove useful in developing a viable investing in Matthews Emerging
Matthews Emerging Etf Technical Analysis
Matthews 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
Matthews Emerging Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Matthews Emerging Markets 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 Emerging November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Matthews 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 Matthews Emerging shares will generate the highest return on investment. By undertsting and applying Matthews Emerging etf market strength indicators, traders can identify Matthews Emerging Markets entry and exit signals to maximize returns
Matthews Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matthews Emerging'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 | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.14) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Matthews Emerging Markets 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is Matthews 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 Matthews Emerging's market value can be influenced by many factors that don't directly affect Matthews 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 Matthews Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews 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.