Matthews Pacific Tiger Fund Market Value
| MAPTX Fund | USD 19.53 0.03 0.15% |
| Symbol | Matthews |
Matthews Pacific '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 Pacific's mutual fund 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 Pacific.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Matthews Pacific on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Matthews Pacific Tiger or generate 0.0% return on investment in Matthews Pacific over 720 days. Matthews Pacific is related to or competes with Matthews Asia, Wcm Focused, Invesco Disciplined, Matthews Asian, and Small Cap. 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 ex Japan, which consists of all countries and markets in Asia excluding Japan, but including all other developed, emerging, and frontier countries and markets in the Asian region. More
Matthews Pacific 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 Pacific's mutual fund 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 Pacific Tiger upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.69 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.33 |
Matthews Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matthews Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matthews Pacific's standard deviation. In reality, there are many statistical measures that can use Matthews Pacific historical prices to predict the future Matthews Pacific's volatility.| Risk Adjusted Performance | 0.0176 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0281 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matthews Pacific'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 Pacific Tiger Backtested Returns
At this stage we consider Matthews Mutual Fund to be very steady. Matthews Pacific Tiger has Sharpe Ratio of 0.0236, which conveys that the entity had a 0.0236% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Matthews Pacific, which you can use to evaluate the volatility of the fund. Please verify Matthews Pacific's Risk Adjusted Performance of 0.0176, downside deviation of 1.18, and Mean Deviation of 0.9108 to check out if the risk estimate we provide is consistent with the expected return of 0.0294%. The fund secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Matthews Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Matthews Pacific is expected to be smaller as well.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Matthews Pacific Tiger has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Matthews Pacific time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Pacific Tiger price movement. The serial correlation of -0.78 indicates that around 78.0% of current Matthews Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
Matthews Pacific Tiger lagged returns against current returns
Autocorrelation, which is Matthews Pacific mutual fund'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 Pacific's mutual fund expected returns. We can calculate the autocorrelation of Matthews Pacific returns to help us make a trade decision. For example, suppose you find that Matthews Pacific has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
| Timeline |
Matthews Pacific 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 Pacific mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matthews Pacific mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matthews Pacific mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Matthews Pacific Lagged Returns
When evaluating Matthews Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matthews Pacific mutual fund have on its future price. Matthews Pacific 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 Pacific autocorrelation shows the relationship between Matthews Pacific mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Matthews Pacific Tiger.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Matthews Mutual Fund
Matthews Pacific 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 Pacific security.
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