Matthews China Dividend Fund Price on September 20, 2023
| MCDFX Fund | USD 12.01 0.13 1.07% |
Below is the normalized historical share price chart for Matthews China Dividend extending back to November 30, 2009. 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 12.01, as last reported on the 14th of December 2024, with the highest price reaching 12.01 and the lowest price hitting 12.01 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 Dividend has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Matthews China, which you can use to evaluate the volatility of the fund. Please exercise Matthews China's Mean Deviation of 1.56, risk adjusted performance of 0.0879, and Downside Deviation of 2.31 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 = 0.109
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MCDFX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Matthews China is performing at about 8% 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 September 20, 2023
It is possible to determine the worth of Matthews China on a given historical date. On September 20, 2023 Matthews was worth 11.46 at the beginning of the trading date compared to the closed value of 11.46. 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 | |
| 11.52 | 11.52 | 11.52 | 11.52 | 1.00 | |
09/20/2023 | 11.46 | 11.46 | 11.46 | 11.46 | 1.00 |
| 11.29 | 11.29 | 11.29 | 11.29 | 1.00 |
| Backtest Matthews China | | | Matthews China History | | | Matthews China Valuation | Previous | Next |
Matthews China Trading Date Momentum on September 20, 2023
| On September 21 2023 Matthews China Dividend was traded for 11.29 at the closing time. The highest daily price throughout the period was 11.29 and the lowest price was 11.29 . There was no trading activity during the period 1.0. Lack of trading volume on 09/21/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.48% . The trading delta at closing time to current closing price is 1.40% . |
Matthews China Dividend 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 Dividend 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 dividend-paying equity securities of companies located in China. It may also invest in convertible debt and equity securities of any maturity and quality, including those that are unrated, or would be below investment grade if rated, of companies located in China. China also includes its administrative and other districts, such as Hong Kong.
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 | December 14, 2024
| High |
0.00 | 0.00 |
Matthews China Dividend cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Matthews China December 14, 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 Dividend entry and exit signals to maximize returns
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 | 0.0879 | |||
| Jensen Alpha | 0.2456 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0708 | |||
| Treynor Ratio | 2.96 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Matthews Mutual Fund
Matthews China 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 China security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |