Matthews China Correlations

Mutual Funds . USA . 
Fund . Matthews China Dividend
MCDFX Fund  USD 13.13  0.03  0.23%   
The current 90-days correlation between Matthews China Dividend and Prudential Financial Services is -0.05 (i.e., Good diversification). The correlation of Matthews China is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Matthews China Correlation With Market

Good diversification

The correlation between Matthews China Dividend and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Matthews China Dividend and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews China Dividend. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Matthews Mutual Fund

  0.87MPACX Matthews Asia GrowthPairCorr
  0.92MAPTX Matthews Pacific TigerPairCorr
  0.87MAPIX Matthews Asia DividendPairCorr
  0.88MASGX Matthews Asia EsgPairCorr
  0.9MATFX Matthews Asia InnovatorsPairCorr
  0.76MSMLX Matthews Asia SmallPairCorr
  0.92MCHFX Matthews ChinaPairCorr
  0.93MCSMX Matthews China SmallPairCorr
  0.89MEGMX Matthews Emerging MarketsPairCorr
  0.87MIAPX Matthews Asia GrowthPairCorr
  1.0MICDX Matthews China DividendPairCorr
  0.93MICHX Matthews China SmallPairCorr
  0.92MICFX Matthews ChinaPairCorr
  0.94MIEFX Matthews Emerging MarketsPairCorr
  0.79MIDNX Matthews IndiaPairCorr
  0.76MIJFX Matthews JapanPairCorr
  0.8MINDX Matthews IndiaPairCorr
  0.87MIPIX Matthews Asia DividendPairCorr
  0.9MIPTX Matthews Pacific TigerPairCorr
  0.9MITEX Matthews Asia InnovatorsPairCorr
  0.79MISFX Matthews Asia EsgPairCorr
  0.76MISMX Matthews Asia SmallPairCorr
  0.76MJFOX Matthews JapanPairCorr
  0.97FHKTX Fidelity China RegionPairCorr
  0.97FCHKX Fidelity China RegionPairCorr
  0.97FHKAX Fidelity China RegionPairCorr
  0.92FHKIX Fidelity China RegionPairCorr
  0.92FIQFX Fidelity China RegionPairCorr
  0.92FHKCX Fidelity China RegionPairCorr
  0.83ASG Liberty All StarPairCorr
  0.76IIF Morgan Stanley IndiaPairCorr
  0.84CII Blackrock EnhancedPairCorr
  0.81IFN India ClosedPairCorr
  0.79ETV Eaton Vance TaxPairCorr
  0.73CLM Cornerstone StrategicPairCorr
  0.76CRF Cornerstone StrategicPairCorr
  0.84USA Liberty All StarPairCorr
  0.86ETY Eaton Vance TaxPairCorr
  0.87NFJ Virtus Dividend InterestPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Matthews Mutual Fund performing well and Matthews China Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Matthews China's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY