Matthews China Etf Forecast - 8 Period Moving Average
MCHS Etf | 25.93 0.23 0.88% |
The 8 Period Moving Average forecasted value of Matthews China Discovery on the next trading day is expected to be 25.84 with a mean absolute deviation of 0.51 and the sum of the absolute errors of 27.15. Matthews Etf Forecast is based on your current time horizon.
Matthews |
Matthews China 8 Period Moving Average Price Forecast For the 30th of December
Given 90 days horizon, the 8 Period Moving Average forecasted value of Matthews China Discovery on the next trading day is expected to be 25.84 with a mean absolute deviation of 0.51, mean absolute percentage error of 0.57, and the sum of the absolute errors of 27.15.Please note that although there have been many attempts to predict Matthews Etf prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Matthews China's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Matthews China Etf Forecast Pattern
Backtest Matthews China | Matthews China Price Prediction | Buy or Sell Advice |
Matthews China Forecasted Value
In the context of forecasting Matthews China's Etf value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Matthews China's downside and upside margins for the forecasting period are 23.07 and 28.62, respectively. We have considered Matthews China's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Matthews China etf data series using in forecasting. Note that when a statistical model is used to represent Matthews China etf, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.AIC | Akaike Information Criteria | 102.8446 |
Bias | Arithmetic mean of the errors | 0.1331 |
MAD | Mean absolute deviation | 0.5123 |
MAPE | Mean absolute percentage error | 0.0197 |
SAE | Sum of the absolute errors | 27.1512 |
Predictive Modules for Matthews China
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Matthews China Discovery. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Matthews China
For every potential investor in Matthews, whether a beginner or expert, Matthews China's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Matthews Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Matthews. Basic forecasting techniques help filter out the noise by identifying Matthews China's price trends.Matthews China Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Matthews China etf to make a market-neutral strategy. Peer analysis of Matthews China could also be used in its relative valuation, which is a method of valuing Matthews China by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Matthews China Discovery Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Matthews China's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Matthews China's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Matthews China Market Strength Events
Market strength indicators help investors to evaluate how Matthews China etf 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 etf market strength indicators, traders can identify Matthews China Discovery entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 25.93 | |||
Day Typical Price | 25.93 | |||
Price Action Indicator | (0.12) | |||
Period Momentum Indicator | (0.23) |
Matthews China Risk Indicators
The analysis of Matthews China's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Matthews China's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting matthews etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.95 | |||
Semi Deviation | 2.74 | |||
Standard Deviation | 2.95 | |||
Variance | 8.69 | |||
Downside Variance | 8.43 | |||
Semi Variance | 7.5 | |||
Expected Short fall | (2.19) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Matthews China to cross-verify your projections. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Matthews China Discovery 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 China's value that differs from its market value or its book value, called intrinsic value, which is Matthews China'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 China's market value can be influenced by many factors that don't directly affect Matthews China'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 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.