Matthews India Fund Technical Analysis
MIDNX Fund | USD 28.23 0.23 0.82% |
As of the 29th of March, Matthews India secures the Risk Adjusted Performance of 0.0598, mean deviation of 0.6733, and Downside Deviation of 1.0. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Matthews India Fund, 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 interpolate nineteen technical drivers for Matthews India, which can be compared to its peers in the industry. Please verify Matthews India Fund information ratio and downside variance to decide if Matthews India Fund is priced some-what accurately, providing market reflects its recent price of 28.23 per share.
Matthews India 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 India 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.
Matthews India Fund Technical Analysis
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 India Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Matthews India Fund Trend Analysis
Use this graph to draw trend lines for Matthews India Fund. You can use it to identify possible trend reversals for Matthews India 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 India price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Matthews India Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Matthews India Fund applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Matthews India Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13.97, which is the sum of squared deviations for the predicted Matthews India price change compared to its average price change.About Matthews India 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 India Fund 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 India Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Matthews India Fund price pattern first instead of the macroeconomic environment surrounding Matthews India Fund. By analyzing Matthews India'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 India'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 India specific price patterns or momentum indicators. Please read more on our technical analysis page.
Matthews India 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0598 | |||
Market Risk Adjusted Performance | 0.2287 | |||
Mean Deviation | 0.6733 | |||
Semi Deviation | 0.8619 | |||
Downside Deviation | 1.0 | |||
Coefficient Of Variation | 989.93 | |||
Standard Deviation | 0.8795 | |||
Variance | 0.7736 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | 0.0338 | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.2187 | |||
Maximum Drawdown | 4.68 | |||
Value At Risk | (1.50) | |||
Potential Upside | 1.37 | |||
Downside Variance | 1.0 | |||
Semi Variance | 0.743 | |||
Expected Short fall | (0.67) | |||
Skewness | (0.53) | |||
Kurtosis | 0.8021 |
Matthews India Fund One Year Return
Based on the recorded statements, Matthews India Fund has an One Year Return of 31.899%. This is 355.7% higher than that of the Matthews Asia Funds family and 24.09% lower than that of the India Equity category. The one year return for all United States funds is notably lower than that of the firm.
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.Matthews India March 29, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Matthews stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 28.23 | ||
Day Typical Price | 28.23 | ||
Price Action Indicator | 0.12 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews India Fund. 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 board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Matthews Mutual Fund analysis
When running Matthews India's price analysis, check to measure Matthews India'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 India is operating at the current time. Most of Matthews India's value examination focuses on studying past and present price action to predict the probability of Matthews India'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 India's price. Additionally, you may evaluate how the addition of Matthews India to your portfolios can decrease your overall portfolio volatility.
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