Matthews China Fund Price on March 21, 2024
| MICFX Fund | USD 11.92 0.02 0.17% |
Below is the normalized historical share price chart for Matthews China Fund extending back to October 29, 2010. 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 China stands at 11.92, as last reported on the 2nd of May, with the highest price reaching 11.92 and the lowest price hitting 11.92 during the day.
If you're considering investing in Matthews Mutual Fund, it is important to understand the factors that can impact its price. Matthews China appears to be not too volatile, given 3 months investment horizon. Matthews China has Sharpe Ratio of 0.19, which conveys that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Matthews China, which you can use to evaluate the volatility of the fund. Please exercise Matthews China's Mean Deviation of 1.15, downside deviation of 1.37, and Risk Adjusted Performance of 0.0743 to check out if our risk estimates are consistent with your expectations.
Matthews Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Matthews |
Sharpe Ratio = 0.1858
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Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Matthews China is performing at about 14% 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 China by adding it to a well-diversified portfolio.
Matthews China Valuation on March 21, 2024
It is possible to determine the worth of Matthews China on a given historical date. On March 21, 2024 Matthews was worth 11.4 at the beginning of the trading date compared to the closed value of 11.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matthews China mutual fund. Still, in general, we apply an absolute valuation method to find Matthews China'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 China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matthews China's related companies.
| Open | High | Low | Close | Volume | |
| 11.50 | 11.50 | 11.50 | 11.50 | 1.00 | |
03/21/2024 | 11.40 | 11.40 | 11.40 | 11.40 | 1.00 |
| 11.22 | 11.22 | 11.22 | 11.22 | 1.00 |
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Matthews China Trading Date Momentum on March 21, 2024
| On March 22 2024 Matthews China Fund was traded for 11.22 at the closing time. The highest daily price throughout the period was 11.22 and the lowest price was 11.22 . There was no trading activity during the period 1.0. Lack of trading volume on 03/22/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.58% . The trading delta at closing time to current closing price is 0.79% . |
Matthews China Fundamentals Correlations and Trends
By evaluating Matthews China'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 China'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 China Mutual Fund history
Matthews China 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 China 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 China stock prices may prove useful in developing a viable investing in Matthews China
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 China. China includes its administrative and other districts, such as Hong Kong. A company or other issuer is considered to be located in a country or a region, and a security or instrument is deemed to be an Asian security or instrument, if it has substantial ties to that country or region.
Matthews China Mutual Fund Technical Analysis
Matthews China 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 China Period Price Range
Low | March 21, 2024
| High |
11.40 | 11.40 |
Matthews China May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Matthews China 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 China shares will generate the highest return on investment. By undertsting and applying Matthews China mutual fund market strength indicators, traders can identify Matthews China Fund entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.4 | |||
| Day Typical Price | 11.4 | |||
| Period Momentum Indicator | 0.52 | |||
| Relative Strength Index | 45.32 |
Matthews China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matthews China'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 | 0.0743 | |||
| Jensen Alpha | 0.1061 | |||
| Total Risk Alpha | 0.0345 | |||
| Sortino Ratio | 0.0731 | |||
| Treynor Ratio | 0.1705 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews China Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Matthews China information on this page should be used as a complementary analysis to other Matthews China's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.