Matthews Japan Fund Price on November 22, 2024
MIJFX Fund | USD 20.98 0.56 2.74% |
Below is the normalized historical share price chart for Matthews Japan Fund extending back to October 29, 2010. 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 Japan stands at 20.98, as last reported on the 30th of November, with the highest price reaching 20.98 and the lowest price hitting 20.98 during the day.
If you're considering investing in Matthews Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Matthews Mutual Fund to be very steady. Matthews Japan has Sharpe Ratio of 0.002, which conveys that the entity had a 0.002% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Matthews Japan, which you can use to evaluate the volatility of the fund. Please verify Matthews Japan's Mean Deviation of 1.02, risk adjusted performance of (0.0003), and Standard Deviation of 1.4 to check out if the risk estimate we provide is consistent with the expected return of 0.0028%.
Matthews Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Matthews |
Sharpe Ratio = 0.002
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Estimated Market Risk
1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Matthews Japan 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 Japan by adding Matthews Japan to a well-diversified portfolio.
Matthews Japan Valuation on November 22, 2024
It is possible to determine the worth of Matthews Japan on a given historical date. On November 22, 2024 Matthews was worth 20.36 at the beginning of the trading date compared to the closed value of 20.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matthews Japan mutual fund. Still, in general, we apply an absolute valuation method to find Matthews Japan'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 Japan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matthews Japan's related companies.
Open | High | Low | Close | Volume | |
20.24 | 20.24 | 20.24 | 20.24 | 1.00 | |
11/22/2024 | 20.36 | 20.36 | 20.36 | 20.36 | 1.00 |
20.51 | 20.51 | 20.51 | 20.51 | 1.00 |
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Matthews Japan Trading Date Momentum on November 22, 2024
On November 25 2024 Matthews Japan Fund was traded for 20.51 at the closing time. The highest daily price throughout the period was 20.51 and the lowest price was 20.51 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.74% . The trading delta at closing time to current closing price is 3.05% . |
Matthews Japan Fundamentals Correlations and Trends
By evaluating Matthews Japan'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 Japan'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 Japan Mutual Fund history
Matthews Japan 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 Japan 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 Japan stock prices may prove useful in developing a viable investing in Matthews Japan
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 Japan. A company or other issuer is considered to be located in a country or a region, and a security or instrument is deemed to be an Asian security or instrument, if it has substantial ties to that country or region.
Matthews Japan Mutual Fund Technical Analysis
Matthews Japan 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 Japan Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Matthews Japan Fund 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 Japan November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Matthews Japan 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 Japan shares will generate the highest return on investment. By undertsting and applying Matthews Japan mutual fund market strength indicators, traders can identify Matthews Japan Fund entry and exit signals to maximize returns
Matthews Japan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matthews Japan'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 | (0.0003) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (0.02) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Other Information on Investing in Matthews Mutual Fund
Matthews Japan 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 Japan security.
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