KraneShares Trust Etf Forecast - Day Typical Price
| KPRO Etf | 27.11 0.09 0.33% |
KraneShares Etf Forecast is based on your current time horizon.
KraneShares |
| Previous Day Typical Price | Day Typical Price | Trend |
| 27.2 | 27.07 |
| Check KraneShares Trust Volatility | Backtest KraneShares Trust | Information Ratio |
KraneShares Trust Trading Date Momentum
| On November 21 2024 KraneShares Trust was traded for 27.11 at the closing time. The top price for the day was 27.11 and the lowest listed price was 27.00 . The trading volume for the day was 1.9 K. The trading history from November 21, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.30% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for KraneShares Trust
For every potential investor in KraneShares, whether a beginner or expert, KraneShares Trust's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KraneShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KraneShares. Basic forecasting techniques help filter out the noise by identifying KraneShares Trust's price trends.KraneShares Trust 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 Trust etf to make a market-neutral strategy. Peer analysis of KraneShares Trust could also be used in its relative valuation, which is a method of valuing KraneShares Trust by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
KraneShares Trust Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of KraneShares Trust's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of KraneShares Trust's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
KraneShares Trust Market Strength Events
Market strength indicators help investors to evaluate how KraneShares Trust etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KraneShares Trust shares will generate the highest return on investment. By undertsting and applying KraneShares Trust etf market strength indicators, traders can identify KraneShares Trust entry and exit signals to maximize returns.
KraneShares Trust Risk Indicators
The analysis of KraneShares Trust's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in KraneShares Trust's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kraneshares etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.4056 | |||
| Semi Deviation | 0.3635 | |||
| Standard Deviation | 0.5536 | |||
| Variance | 0.3065 | |||
| Downside Variance | 0.2271 | |||
| Semi Variance | 0.1321 | |||
| Expected Short fall | (0.48) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with KraneShares Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KraneShares Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KraneShares Trust will appreciate offsetting losses from the drop in the long position's value.Moving together with KraneShares Etf
| 0.7 | BUFR | First Trust Cboe | PairCorr |
| 0.7 | BUFD | FT Cboe Vest | PairCorr |
| 0.7 | PSEP | Innovator SP 500 | PairCorr |
| 0.7 | PJAN | Innovator SP 500 | PairCorr |
The ability to find closely correlated positions to KraneShares Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KraneShares Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KraneShares Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KraneShares Trust to buy it.
The correlation of KraneShares Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KraneShares Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KraneShares Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KraneShares Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of KraneShares Trust to cross-verify your projections. To learn how to invest in KraneShares Etf, please use our How to Invest in KraneShares Trust guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of KraneShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Trust's 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 Trust's market value can be influenced by many factors that don't directly affect KraneShares Trust's 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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Trust'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.