Matthews Asia Dividend Fund Price on October 27, 2023

MIPIX Fund  USD 14.56  0.02  0.14%   
If you're considering investing in Matthews Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Matthews Asia stands at 14.56, as last reported on the 27th of November, with the highest price reaching 14.56 and the lowest price hitting 14.56 during the day. Matthews Asia Dividend has Sharpe Ratio of -0.0139, which conveys that the entity had a -0.0139% return per unit of risk over the last 3 months. Matthews Asia exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Matthews Asia's Risk Adjusted Performance of (0.01), mean deviation of 0.7106, and Standard Deviation of 0.9717 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.

Sharpe Ratio = -0.0139

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMIPIX

Estimated Market Risk

 0.97
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Matthews Asia 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 Asia by adding Matthews Asia to a well-diversified portfolio.

Matthews Asia Valuation on October 27, 2023

It is possible to determine the worth of Matthews Asia on a given historical date. On October 27, 2023 Matthews was worth 12.13 at the beginning of the trading date compared to the closed value of 12.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matthews Asia mutual fund. Still, in general, we apply an absolute valuation method to find Matthews Asia'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 Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matthews Asia's related companies.
 Open High Low Close Volume
  12.07    12.07    12.07    12.07    1.00  
10/27/2023
  12.13    12.13    12.13    12.13    1.00  
  12.22    12.22    12.22    12.22    1.00  
Backtest Matthews Asia  |  Matthews Asia History  |  Matthews Asia Valuation   PreviousNext  
Open Value
12.13
12.13
Closing Value
15.05
Upside

Matthews Asia Trading Date Momentum on October 27, 2023

On October 30 2023 Matthews Asia Dividend was traded for  12.22  at the closing time. The highest daily price throughout the period was 12.22  and the lowest price was  12.22 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2023 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 4.70% .

Matthews Asia Dividend Fundamentals Correlations and Trends

By evaluating Matthews Asia'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 Asia'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 Asia Mutual Fund history

Matthews Asia 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 Asia Dividend 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 Asia stock prices may prove useful in developing a viable investing in Matthews Asia

Matthews Asia Mutual Fund Technical Analysis

Matthews Asia 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.
A focus of Matthews Asia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Matthews Asia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Matthews Asia Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Matthews Asia Dividend 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 Asia November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Matthews Asia 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 Asia shares will generate the highest return on investment. By undertsting and applying Matthews Asia mutual fund market strength indicators, traders can identify Matthews Asia Dividend entry and exit signals to maximize returns

Matthews Asia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Matthews Asia'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.

Other Information on Investing in Matthews Mutual Fund

Matthews Asia 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 Asia security.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device