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MITEX
Mutual Fund ticker: NASDAQ
AS OF
Dec 18 closing price
Price
$13.38
Change
-$0.29 (-2.12%)
Net Assets
293.15M

MITEX Matthews Asia Innovators Institutional Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), PDD Holdings (NASDAQ:PDD).

Industry description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Asia that Matthews believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets.

Market Cap

The average market capitalization across the Matthews Asia Innovators Institutional MF is 291.79B. The market cap for tickers in the group ranges from 142.24B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is PDD at 142.24B.

Volume

The average weekly volume growth across all stocks in the Matthews Asia Innovators Institutional MF was -13%. For the same stocks of the MF, the average monthly volume growth was -8% and the average quarterly volume growth was 24%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 71
P/E Growth Rating: 74
Price Growth Rating: 47
SMR Rating: 62
Profit Risk Rating: 74
Seasonality Score: -52 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category PacificAsiaexJapanStk

Profile
Fundamentals
Details
Category
Pacific/Asia ex-Japan Stk
Address
Four Embarcadero CenterSuite 550San Francisco
Phone
N/A
Web
www.matthewsasia.com/
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MITEX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MITEX has been closely correlated with MIPTX. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if MITEX jumps, then MIPTX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MITEX
1D Price
Change %
MITEX100%
+0.29%
MIPTX - MITEX
94%
Closely correlated
-0.51%
MAPTX - MITEX
92%
Closely correlated
-0.46%
FSEAX - MITEX
92%
Closely correlated
-0.06%
PNSIX - MITEX
91%
Closely correlated
-0.88%
TRAOX - MITEX
91%
Closely correlated
-0.73%
More