KraneShares Competition
| KSEA Etf | 27.00 0.00 0.00% |
KraneShares vs YieldMax Nasdaq Correlation
Good diversification
The correlation between KraneShares and QDTY is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KraneShares and QDTY in the same portfolio, assuming nothing else is changed.
Moving against KraneShares Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KraneShares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
KraneShares Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between KraneShares 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 does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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KraneShares Competition Risk-Adjusted Indicators
There is a big difference between KraneShares Etf performing well and KraneShares 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' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.47 | 0.07 | 0.04 | 0.14 | 1.43 | 3.43 | 13.69 | |||
| MSFT | 1.33 | (0.37) | 0.00 | (1.03) | 0.00 | 1.90 | 13.28 | |||
| UBER | 1.55 | (0.39) | 0.00 | (0.71) | 0.00 | 2.46 | 11.09 | |||
| F | 1.21 | 0.03 | 0.02 | 0.07 | 1.25 | 3.34 | 7.16 | |||
| T | 1.01 | 0.14 | 0.10 | (18.48) | 0.95 | 3.87 | 5.31 | |||
| A | 1.27 | (0.31) | 0.00 | (0.20) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.72 | (0.42) | 0.00 | (0.40) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.26 | (0.10) | 0.00 | (0.03) | 0.00 | 2.34 | 7.38 | |||
| MRK | 1.29 | 0.43 | 0.31 | 0.77 | 0.98 | 2.93 | 8.74 | |||
| XOM | 1.27 | 0.39 | 0.25 | 1.59 | 1.08 | 2.90 | 6.83 |
KraneShares Competitive Analysis
The better you understand KraneShares competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, KraneShares' 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' 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 Competition Performance Charts
Five steps to successful analysis of KraneShares Competition
KraneShares' 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 in relation to its competition. KraneShares' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of KraneShares 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' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to KraneShares, 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 position
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in discontinued. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Investors evaluate KraneShares using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating KraneShares' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause KraneShares' market price to deviate significantly from intrinsic value.
Understanding that KraneShares' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether KraneShares represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, KraneShares' market price signifies the transaction level at which participants voluntarily complete trades.