Kraneshares Etf Profile
KraneShares is trading at 18.96 as of the 25th of November 2024. This is a No Change since the beginning of the trading day. The etf's lowest day price was 18.96. Equity ratings for KraneShares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2023 and ending today, the 25th of November 2024. Click here to learn more.
KraneShares Etf Highlights
| Old Names | [KraneShares MSCI China ESG Leaders Index ETF, KraneShares MSCI China ESG Leaders UCITS ETF USD] |
| Business Concentration | China Region, KraneShares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (10.88) |
| Name | KraneShares MSCI China ESG Leaders Index ETF |
| Currency Code | USD |
| Open Figi | BBG00WC6Y5Y6 |
| In Threey Volatility | 30.91 |
| 1y Volatility | 44.12 |
| 200 Day M A | 18.8042 |
| 50 Day M A | 17.5595 |
| Code | KESG |
| Updated At | 3rd of February 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.26) |
| Type | ETF |
KraneShares [KESG] is traded in USA and was established 2020-07-28. The fund is listed under China Region category and is part of KraneShares family. KraneShares now have 4.36 M in assets. , while the total return for the last 3 years was -13.8%.
Check KraneShares Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on KraneShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding KraneShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as KraneShares Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top KraneShares Etf Constituents
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| NIO | Nio Class A | Stock | Consumer Discretionary | |
| YUMC | Yum China Holdings | Stock | Consumer Discretionary |
KraneShares Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in KraneShares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 1.38 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.84 | |||
| Risk Adjusted Performance | (0.01) |
KraneShares Against Markets
KraneShares Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with KraneShares etf to make a market-neutral strategy. Peer analysis of KraneShares could also be used in its relative valuation, which is a method of valuing KraneShares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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 state. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of KraneShares is measured differently than its book value, which is the value of KraneShares that is recorded on the company's balance sheet. Investors also form their own opinion of KraneShares' value that differs from its market value or its book value, called intrinsic value, which is KraneShares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KraneShares' market value can be influenced by many factors that don't directly affect KraneShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KraneShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares' 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.