Matthews China Dividend Fund Technical Analysis

MICDX Fund  USD 10.32  0.08  0.78%   
As of the 29th of March, Matthews China secures the Mean Deviation of 0.9582, risk adjusted performance of 0.0065, and Downside Deviation of 1.19. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Matthews China Dividend, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for Matthews China, which can be compared to its peers in the industry. Please verify Matthews China Dividend information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Matthews China Dividend is priced some-what accurately, providing market reflects its recent price of 10.32 per share.

Matthews China Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Matthews, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Matthews
  
Matthews China's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of Matthews China technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Matthews China trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Matthews China Dividend Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Matthews China Dividend volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Matthews China Dividend Trend Analysis

Use this graph to draw trend lines for Matthews China Dividend. You can use it to identify possible trend reversals for Matthews China as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Matthews China price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Matthews China Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Matthews China Dividend applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Matthews China Dividend will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.32, which is the sum of squared deviations for the predicted Matthews China price change compared to its average price change.

About Matthews China Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Matthews China Dividend on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Matthews China Dividend based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Matthews China Dividend price pattern first instead of the macroeconomic environment surrounding Matthews China Dividend. By analyzing Matthews China's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Matthews China's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Matthews China specific price patterns or momentum indicators. Please read more on our technical analysis page.

Matthews China March 29, 2024 Technical Indicators

Most technical analysis of Matthews help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Matthews from various momentum indicators to cycle indicators. When you analyze Matthews charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Matthews China Dividend One Year Return

Based on the recorded statements, Matthews China Dividend has an One Year Return of -24.0451%. This is 443.5% lower than that of the Matthews Asia Funds family and significantly lower than that of the China Region category. The one year return for all United States funds is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews China Dividend. 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 unemployment.
Note that the Matthews China Dividend 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Matthews Mutual Fund analysis

When running Matthews China's price analysis, check to measure Matthews China's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Matthews China is operating at the current time. Most of Matthews China's value examination focuses on studying past and present price action to predict the probability of Matthews China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matthews China's price. Additionally, you may evaluate how the addition of Matthews China to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Commodity Directory
Find actively traded commodities issued by global exchanges
CEOs Directory
Screen CEOs from public companies around the world
Global Correlations
Find global opportunities by holding instruments from different markets
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Please note, there is a significant difference between Matthews China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews China'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.