Matthews Emerging Markets Etf Price on December 3, 2024
MEMS Etf | 25.23 0.30 1.18% |
Below is the normalized historical share price chart for Matthews Emerging Markets extending back to December 14, 2007. 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 Emerging stands at 25.23, as last reported on the 13th of December 2024, with the highest price reaching 25.35 and the lowest price hitting 25.20 during the day.
If you're considering investing in Matthews Etf, it is important to understand the factors that can impact its price. Matthews Emerging Markets has Sharpe Ratio of -0.0198, which conveys that the entity had a -0.0198% return per unit of risk over the last 3 months. Matthews Emerging exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Matthews Emerging's Risk Adjusted Performance of 0.0104, mean deviation of 0.8251, and Downside Deviation of 1.03 to check out the risk estimate we provide.
Matthews Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 25.5905 | 50 Day MA 25.4654 | Inception Date 2024-01-10 |
Matthews |
Sharpe Ratio = -0.0198
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Negative Returns | MEMS |
Estimated Market Risk
1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Matthews Emerging is not performing at its full potential. However, 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 Emerging by adding Matthews Emerging to a well-diversified portfolio.
Average Mkt Cap Mil 2.4 K |
Matthews Emerging Valuation on December 3, 2024
It is possible to determine the worth of Matthews Emerging on a given historical date. On December 3, 2024 Matthews was worth 24.7 at the beginning of the trading date compared to the closed value of 24.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Matthews Emerging etf. Still, in general, we apply an absolute valuation method to find Matthews Emerging'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 Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Matthews Emerging's related companies.
Open | High | Low | Close | Volume | |
24.77 | 24.82 | 24.77 | 24.81 | 1,367 | |
12/03/2024 | 24.70 | 24.89 | 24.70 | 24.87 | 15,700 |
25.04 | 25.04 | 24.97 | 24.97 | 32,382 |
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Matthews Emerging Trading Date Momentum on December 3, 2024
On December 04 2024 Matthews Emerging Markets was traded for 24.97 at the closing time. The top price for the day was 25.04 and the lowest listed price was 24.97 . The trading volume for the day was 32.4 K. The trading history from December 4, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.40% . The trading delta at closing time against the current closing price is 1.69% . |
Matthews Emerging Markets Fundamentals Correlations and Trends
By evaluating Matthews Emerging'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 Emerging'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 Emerging Etf history
Matthews Emerging 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 Emerging Markets 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 Emerging stock prices may prove useful in developing a viable investing in Matthews Emerging
Matthews Emerging Etf Technical Analysis
Matthews Emerging technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Matthews Emerging Period Price Range
Low | December 13, 2024
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0.00 | 0.00 |
Matthews Emerging Markets cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Emerging December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Matthews Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying Matthews Emerging etf market strength indicators, traders can identify Matthews Emerging Markets entry and exit signals to maximize returns
Matthews Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Matthews Emerging's price direction in advance. Along with the technical and fundamental analysis of Matthews Etf 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 | 0.0104 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.1) | |||
Treynor Ratio | 0.0017 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Matthews Emerging Markets 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is Matthews Emerging'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 Emerging's market value can be influenced by many factors that don't directly affect Matthews Emerging'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 Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews Emerging'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.