Matthews Emerging Markets Fund Market Value
| MEGMX Fund | USD 13.15 0.10 0.77% |
| Symbol | Matthews |
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 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 Emerging.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Matthews Emerging on December 22, 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 30 days. Matthews Emerging is related to or competes with Matthews China, Matthews Asia, Matthews Asia, Matthews China, and Matthews Asia. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80 percent of its n... 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 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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.32 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.31 |
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 | (0.13) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.51) |
Matthews Emerging Markets Backtested Returns
Matthews Emerging Markets has Sharpe Ratio of -0.12, which conveys that the entity had a -0.12 % return per unit of risk over the last 3 months. Matthews Emerging exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Matthews Emerging's Mean Deviation of 0.6096, standard deviation of 0.796, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. 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 | 0.76 |
Good predictability
Matthews Emerging Markets has good predictability. Overlapping area represents the amount of predictability between Matthews Emerging time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 2025. 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 0.76 indicates that around 76.0% of current Matthews Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Matthews Emerging Markets lagged returns against current returns
Autocorrelation, which is Matthews Emerging 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 Emerging's mutual fund 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 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 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matthews Emerging 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 Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
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 mutual fund 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 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Matthews Emerging Markets.
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 Emerging 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 Emerging security.
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