KraneShares Artificial Competition
| AGIX Etf | 32.33 0.99 2.97% |
KraneShares Artificial vs Franklin Income Correlation
Good diversification
The correlation between KraneShares Artificial Intelli and INCE is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KraneShares Artificial Intelli and INCE in the same portfolio, assuming nothing else is changed.
Moving together with KraneShares Etf
KraneShares Artificial Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between KraneShares Artificial and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of KraneShares and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of KraneShares Artificial does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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KraneShares Artificial Constituents Risk-Adjusted Indicators
There is a big difference between KraneShares Etf performing well and KraneShares Artificial ETF 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 KraneShares Artificial'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MMLG | 0.97 | (0.24) | 0.00 | (0.17) | 0.00 | 1.68 | 5.30 | |||
| FCLD | 1.46 | (0.19) | 0.00 | 0.95 | 0.00 | 2.47 | 8.72 | |||
| GOEX | 2.39 | 0.48 | 0.10 | (1.57) | 3.36 | 5.60 | 21.29 | |||
| LCLG | 0.99 | (0.09) | (0.06) | 0.00 | 1.30 | 1.66 | 5.59 | |||
| FITE | 1.39 | (0.09) | (0.03) | 0.02 | 1.82 | 2.50 | 7.11 | |||
| BCUS | 0.61 | 0.00 | (0.02) | 0.08 | 0.68 | 1.38 | 3.29 | |||
| EPHE | 0.83 | 0.13 | 0.04 | (0.90) | 0.91 | 2.04 | 5.48 | |||
| MID | 0.86 | (0.14) | 0.00 | (0.05) | 0.00 | 1.71 | 3.96 | |||
| CNEQ | 1.06 | (0.19) | 0.00 | (1.91) | 0.00 | 1.99 | 7.34 | |||
| INCE | 0.44 | 0.16 | 0.15 | 55.03 | 0.00 | 0.98 | 2.18 |
KraneShares Artificial Competitive Analysis
The better you understand KraneShares Artificial competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, KraneShares Artificial's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across KraneShares Artificial's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
KraneShares Artificial Competition Performance Charts
Five steps to successful analysis of KraneShares Artificial Competition
KraneShares Artificial's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by KraneShares Artificial in relation to its competition. KraneShares Artificial's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of KraneShares Artificial in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact KraneShares Artificial's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to KraneShares Artificial, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your KraneShares Artificial position
In addition to having KraneShares Artificial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Investment Grade ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Investment Grade ETFs theme has 335 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investment Grade ETFs Theme or any other thematic opportunities.
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Check out KraneShares Artificial Correlation with its peers. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
KraneShares Artificial's market price often diverges from its book value, the accounting figure shown on KraneShares's balance sheet. Smart investors calculate KraneShares Artificial's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since KraneShares Artificial's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that KraneShares Artificial's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether KraneShares Artificial represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, KraneShares Artificial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.