(MKOR) Matthews International - Ratings and Ratios

The Matthews International Funds ETF (Ticker: MKOR) is a U.S.-based exchange-traded fund designed to provide exposure to the South Korean equity market. Under normal market conditions, the fund allocates at least 80% of its net assets, including borrowings for investment purposes, to common and preferred stocks of companies domiciled in South Korea. This focus allows investors to gain targeted exposure to one of Asias leading economies, known for its advanced technology sector and manufacturing capabilities. The fund is categorized under Miscellaneous Region ETFs, reflecting its specific geographic focus.

From a technical standpoint, MKOR is currently trading below its key moving averages, with the last price of $21.64 falling under the 20-day SMA of $22.33, 50-day SMA of $21.98, and 200-day SMA of $23.40. This indicates bearish momentum in the short to medium term. The Average True Range (ATR) of 0.27 suggests relatively low volatility, with the stock exhibiting limited price fluctuations. Average daily volume of 2,822 shares highlights modest trading activity, which may impact liquidity for larger positions.

Fundamentally, the ETF manages assets under management (AUM) of $45.89 million, placing it in the smaller category of ETFs. This smaller size may result in higher expense ratios compared to larger funds and could limit its diversification benefits. Investors should consider these factors when evaluating the funds potential role in their portfolios.

3-Month Forecast

Based on the current technical and fundamental data, MKOR is expected to face headwinds in the near term. The funds price is below its key moving averages, signaling bearish momentum. However, the low ATR suggests that price movements will likely remain contained, with potential sideways trading. The funds exposure to South Koreas economy, particularly its technology and manufacturing sectors, could provide support if global sentiment improves. Still, the broader market trends and geopolitical factors will play a significant role in shaping the funds performance over the next three months.