Matthews International Funds Etf Five Year Return
| MKOR Etf | 23.35 0.21 0.89% |
Matthews International Funds fundamentals help investors to digest information that contributes to Matthews International's financial success or failures. It also enables traders to predict the movement of Matthews Etf. The fundamental analysis module provides a way to measure Matthews International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Matthews International etf.
Matthews |
Matthews International Funds ETF Five Year Return Analysis
Matthews International's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Matthews International Five Year Return | 3.00 % |
Most of Matthews International's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Matthews International Funds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
| Competition |
According to the company disclosure, Matthews International Funds has a Five Year Return of 3.0%. This is much higher than that of the family and significantly higher than that of the Miscellaneous Region category. The five year return for all United States etfs is notably lower than that of the firm.
Matthews Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Matthews International's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Matthews International could also be used in its relative valuation, which is a method of valuing Matthews International by comparing valuation metrics of similar companies.Matthews International is currently under evaluation in five year return as compared to similar ETFs.
Matthews Fundamentals
| Beta | 1.31 | |||
| One Year Return | (3.60) % | |||
| Three Year Return | (7.60) % | |||
| Five Year Return | 3.00 % | |||
| Ten Year Return | 3.20 % |
About Matthews International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Matthews International Funds's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Matthews International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Matthews International Funds based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Matthews International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Matthews International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Matthews International will appreciate offsetting losses from the drop in the long position's value.Moving together with Matthews Etf
Moving against Matthews Etf
| 0.68 | VUG | Vanguard Growth Index | PairCorr |
| 0.68 | VO | Vanguard Mid Cap | PairCorr |
| 0.68 | VB | Vanguard Small Cap | PairCorr |
| 0.66 | VTI | Vanguard Total Stock | PairCorr |
| 0.63 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
The ability to find closely correlated positions to Matthews International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matthews International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Matthews International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Matthews International Funds to buy it.
The correlation of Matthews International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Matthews International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matthews International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Matthews International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Matthews International Piotroski F Score and Matthews International Altman Z Score analysis. To learn how to invest in Matthews Etf, please use our How to Invest in Matthews International guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Matthews International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Matthews International'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 International's market value can be influenced by many factors that don't directly affect Matthews International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews International'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.