Matthews Emerging Markets Etf Technical Analysis
| MEMS Etf | 24.87 0.06 0.24% |
As of the 4th of December, Matthews Emerging secures the Mean Deviation of 0.8257, risk adjusted performance of (0.03), and Standard Deviation of 1.11. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Matthews Emerging Markets, as well as the relationship between them. Please verify Matthews Emerging Markets risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Matthews Emerging Markets is priced some-what accurately, providing market reflects its recent price of 24.87 per share.
Matthews Emerging 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 MatthewsMatthews |
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.
Matthews Emerging Markets Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Emerging Markets volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Matthews Emerging Markets Trend Analysis
Use this graph to draw trend lines for Matthews Emerging Markets. You can use it to identify possible trend reversals for Matthews Emerging 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 Emerging price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Matthews Emerging Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Matthews Emerging Markets applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Matthews Emerging Markets market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28.18, which is the sum of squared deviations for the predicted Matthews Emerging price change compared to its average price change.About Matthews Emerging 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 Emerging Markets 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 Emerging Markets based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Matthews Emerging Markets price pattern first instead of the macroeconomic environment surrounding Matthews Emerging Markets. By analyzing Matthews Emerging'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 Emerging'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 Emerging specific price patterns or momentum indicators. Please read more on our technical analysis page.
Matthews Emerging December 4, 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 0.8257 | |||
| Coefficient Of Variation | (2,022) | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.23 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 5.67 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.79 | |||
| Skewness | 0.1717 | |||
| Kurtosis | 0.7235 |
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.