Matthews Asia Innovators Etf Profile
| MINV Etf | USD 24.93 0.28 1.14% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Matthews Asia is selling for under 24.93 as of the 24th of April 2024; that is 1.14% increase since the beginning of the trading day. The etf's lowest day price was 24.84. Matthews Asia has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Matthews Asia Innovators are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
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 that Matthews believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets. More on Matthews Asia Innovators
Moving together with Matthews Etf
| 0.95 | AAXJ | iShares MSCI All | PairCorr |
| 0.67 | EPP | iShares MSCI Pacific | PairCorr |
| 0.93 | AIA | iShares Asia 50 | PairCorr |
| 0.97 | GMF | SPDR SP Emerging | PairCorr |
| 0.96 | FLAX | Franklin FTSE Asia | PairCorr |
| 0.82 | DVYA | iShares AsiaPacific | PairCorr |
Moving against Matthews Etf
| 0.83 | FNGD | MicroSectors FANG Index | PairCorr |
| 0.75 | HUM | Humana Inc Earnings Call Today | PairCorr |
Matthews Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Matthews Asia's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Matthews Asia or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Pacific/Asia ex-Japan Stk, Matthews Asia Funds (View all Sectors) |
| 200 Day M A | 23.5956 |
| Country Name | USA |
| 50 Day M A | 24.9618 |
| Code | MINV |
| Updated At | 24th of April 2024 |
| Returns Y T D | 6.48 |
| Name | Matthews Asia Innovators Active ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Type | ETF |
| 1y Volatility | 17.5 |
Matthews Asia Innovators [MINV] is traded in USA and was established 2022-07-13. The fund is listed under Pacific/Asia ex-Japan Stk category and is part of Matthews Asia Funds family. Matthews Asia Innovators now have 4.48 M in assets. , while the total return for the last year was 4.9%.
Check Matthews Asia Probability Of Bankruptcy
Top Matthews Asia Innovators Etf Constituents
| 3661 | Alchip Technologies | Stock | Semiconductors |
| 006400 | Samsung SDI | Stock | Information Technology |
| 2454 | MediaTek | Stock | Information Technology |
| 300124 | Shenzhen Inovance Tech | Stock | Industrials |
| 6669 | Wiwynn Corp | Stock | Computer Hardware |
| BAJFINANCE | Bajaj Finance Limited | Stock | Financials |
| SE | Sea | Stock | Communication Services |
Matthews Asia Target Price Odds Analysis
Depending on a normal probability distribution, the odds of Matthews Asia jumping above the current price in 90 days from now is about 33.15%. The Matthews Asia Innovators probability density function shows the probability of Matthews Asia etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Matthews Asia has a beta of 0.9971. This indicates Matthews Asia Innovators market returns are correlated to returns on the market. As the market goes up or down, Matthews Asia is expected to follow. Additionally, matthews Asia Innovators has an alpha of 0.005, implying that it can generate a 0.004954 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Matthews Asia to move above the current price in 90 days from now is about 33.15 (This Matthews Asia Innovators probability density function shows the probability of Matthews Etf to fall within a particular range of prices over 90 days) .
Matthews Asia Innovators Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Matthews Asia market risk premium is the additional return an investor will receive from holding Matthews Asia long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Matthews Asia. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Matthews Asia's alpha and beta are two of the key measurements used to evaluate Matthews Asia's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0676 | |||
| Jensen Alpha | 0.005 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0051 |
Matthews Asia Against Markets
Picking the right benchmark for Matthews Asia etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Matthews Asia etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Matthews Asia is critical whether you are bullish or bearish towards Matthews Asia Innovators at a given time. Please also check how Matthews Asia's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Matthews Asia without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Matthews Etf?
Before investing in Matthews Asia, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Matthews Asia. To buy Matthews Asia etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Matthews Asia. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Matthews Asia etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Matthews Asia Innovators etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Matthews Asia Innovators etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Matthews Asia Innovators, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Matthews Etf please use our How to Invest in Matthews Asia guide.
Already Invested in Matthews Asia Innovators?
The danger of trading Matthews Asia Innovators is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Matthews Asia is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Matthews Asia. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Matthews Asia Innovators is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Matthews Asia Innovators is a strong investment it is important to analyze Matthews Asia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Matthews Asia's future performance. For an informed investment choice regarding Matthews Etf, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews Asia Innovators. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Matthews Asia Innovators 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 Asia's value that differs from its market value or its book value, called intrinsic value, which is Matthews Asia'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 Asia's market value can be influenced by many factors that don't directly affect Matthews Asia'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 Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews Asia'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.