Matthews Emerging Markets Etf Market Value
| EMSF Etf | USD 26.19 0.09 0.34% |
| Symbol | Matthews |
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.
Matthews Emerging 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Matthews Emerging's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Matthews Emerging.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Matthews Emerging on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Matthews Emerging Markets or generate 0.0% return on investment in Matthews Emerging over 90 days. Matthews Emerging is related to or competes with Xtrackers MSCI, FlexShares Morningstar, Invesco SP, and First Trust. EMS Find, Inc. develops and markets B2B and B2C ondemand mobile platform to connect health care providers and consumers to a network of medical transport companies in the United States and Canada. More
Matthews Emerging Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Matthews Emerging's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Matthews Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.38 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.16 |
Matthews Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matthews Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matthews Emerging's standard deviation. In reality, there are many statistical measures that can use Matthews Emerging historical prices to predict the future Matthews Emerging's volatility.| Risk Adjusted Performance | 0.0209 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0399 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matthews Emerging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Matthews Emerging Markets Backtested Returns
At this point, Matthews Emerging is very steady. Matthews Emerging Markets has Sharpe Ratio of 0.0274, which conveys that the entity had a 0.0274% return per unit of risk over the last 3 months. We have found thirty technical indicators for Matthews Emerging, which you can use to evaluate the volatility of the etf. Please verify Matthews Emerging's Risk Adjusted Performance of 0.0209, downside deviation of 1.42, and Mean Deviation of 1.04 to check out if the risk estimate we provide is consistent with the expected return of 0.0396%. The etf secures a Beta (Market Risk) of 0.52, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Matthews Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Matthews Emerging is expected to be smaller as well.
Auto-correlation | -0.89 |
Excellent reverse predictability
Matthews Emerging Markets has excellent reverse predictability. Overlapping area represents the amount of predictability between Matthews Emerging time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Matthews Emerging Markets price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Matthews Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Matthews Emerging Markets lagged returns against current returns
Autocorrelation, which is Matthews Emerging etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Matthews Emerging's etf expected returns. We can calculate the autocorrelation of Matthews Emerging returns to help us make a trade decision. For example, suppose you find that Matthews Emerging has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Matthews Emerging regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Matthews Emerging etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matthews Emerging etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matthews Emerging etf over time.
Current vs Lagged Prices |
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Matthews Emerging Lagged Returns
When evaluating Matthews Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matthews Emerging etf have on its future price. Matthews Emerging autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Matthews Emerging autocorrelation shows the relationship between Matthews Emerging etf current value and its past values and can show if there is a momentum factor associated with investing in Matthews Emerging Markets.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Matthews Emerging Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Matthews Emerging's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Matthews Emerging Markets Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Matthews Emerging Markets Etf:Check out Matthews Emerging Correlation, Matthews Emerging Volatility and Matthews Emerging Alpha and Beta module to complement your research on Matthews Emerging. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.