Matthews Asia Growth Fund Price on August 31, 2023
| MPACX Fund | USD 23.47 0.04 0.17% |
Below is the normalized historical share price chart for Matthews Asia Growth extending back to October 31, 2003. 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 Asia stands at 23.47, as last reported on the 30th of November, with the highest price reaching 23.47 and the lowest price hitting 23.47 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 Asia Growth has Sharpe Ratio of 0.0356, which conveys that the entity had a 0.0356% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Matthews Asia, which you can use to evaluate the volatility of the fund. Please verify Matthews Asia's Mean Deviation of 0.8291, risk adjusted performance of 0.0058, and Downside Deviation of 1.12 to check out if the risk estimate we provide is consistent with the expected return of 0.0396%.
Matthews Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Matthews |
Sharpe Ratio = 0.0356
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Matthews Asia is performing at about 2% 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 Asia by adding it to a well-diversified portfolio.
Matthews Asia Valuation on August 31, 2023
It is possible to determine the worth of Matthews Asia on a given historical date. On August 31, 2023 Matthews was worth 20.39 at the beginning of the trading date compared to the closed value of 20.39. 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 | |
| 20.40 | 20.40 | 20.40 | 20.40 | 1.00 | |
08/31/2023 | 20.39 | 20.39 | 20.39 | 20.39 | 1.00 |
| 20.59 | 20.59 | 20.59 | 20.59 | 1.00 |
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Matthews Asia Trading Date Momentum on August 31, 2023
| On September 01 2023 Matthews Asia Growth was traded for 20.59 at the closing time. The highest daily price throughout the period was 20.59 and the lowest price was 20.59 . There was no trading activity during the period 1.0. Lack of trading volume on 09/01/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.98% . The trading delta at closing time to current closing price is 0.25% . |
Matthews Asia Growth 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 Growth 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
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 Asia. It may also invest in convertible securities, of any duration or quality, including those that are unrated, or would be below investment grade if rated, of Asian companies. Asia consists of all countries and markets in Asia, and includes developed, emerging, and frontier countries and markets in the Asian region.
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.
Price Boundaries
Matthews Asia Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Matthews Asia Growth 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 30, 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 Growth 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.
| Risk Adjusted Performance | 0.0058 | |||
| Jensen Alpha | 0.0064 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0626 |
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| Volatility Indicators | ||
| Volume Indicators |
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.
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