Matthews India Financials
| MIDNX Fund | USD 28.10 0.08 0.28% |
Matthews |
Please note that past performance is not an indicator of the future performance of Matthews India, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Matthews India Fund Summary
Matthews India competes with Matthews China, Matthews Pacific, Eaton Vance, and Morgan Stanley. 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 publicly traded common stocks, preferred stocks and convertible securities of companies located in India. A company or other issuer is considered to be located in a country or a region, and a security or instrument is deemed to be an Asian security or instrument, if it has substantial ties to that country or region.Specialization | India Equity, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US5771307684 |
| Business Address | Four Embarcadero Center |
| Mutual Fund Family | Matthews Asia Funds |
| Mutual Fund Category | India Equity |
| Benchmark | NYSE Composite |
| Phone | 800 789 2742 |
| Currency | USD - US Dollar |
Matthews Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Matthews India's current stock value. Our valuation model uses many indicators to compare Matthews India value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Matthews India competition to find correlations between indicators driving Matthews India's intrinsic value. More Info.Matthews India Fund is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.18 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Matthews India Fund is roughly 5.46 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Matthews India by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Matthews India's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Matthews India's earnings, one of the primary drivers of an investment's value.Matthews India Systematic Risk
Matthews India's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Matthews India volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Matthews India correlated with the market. If Beta is less than 0 Matthews India generally moves in the opposite direction as compared to the market. If Matthews India Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Matthews India is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Matthews India is generally in the same direction as the market. If Beta > 1 Matthews India moves generally in the same direction as, but more than the movement of the benchmark.
Matthews India Thematic Clasifications
Matthews India Fund is part of Macroaxis Index investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system
This theme covers Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. Get More Thematic Ideas
Matthews India Fund is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of India Equity category is currently estimated at about 5.33 Billion. Matthews India retains roughly 592.25 Million in net asset claiming about 11% of all funds under India Equity category.| Macroaxis Index | View |
Matthews India April 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Matthews India help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Matthews India Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Matthews India Fund based on widely used predictive technical indicators. In general, we focus on analyzing Matthews Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Matthews India's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.68 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.37 |
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.