Kraneshares Global Carbon Etf Probability of Future Etf Price Finishing Under 32.69
| KRBN Etf | USD 31.22 0.07 0.22% |
KraneShares |
KraneShares Global Target Price Odds to finish below 32.69
The tendency of KraneShares Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 32.69 after 90 days |
| 31.22 | 90 days | 32.69 | more than 94.0 |
Based on a normal probability distribution, the odds of KraneShares Global to stay under $ 32.69 after 90 days from now is more than 94.0 (This KraneShares Global Carbon probability density function shows the probability of KraneShares Etf to fall within a particular range of prices over 90 days) . Probability of KraneShares Global Carbon price to stay between its current price of $ 31.22 and $ 32.69 at the end of the 90-day period is about 72.17 .
Given the investment horizon of 90 days KraneShares Global Carbon has a beta of -0.0169. This indicates as returns on the benchmark increase, returns on holding KraneShares Global are expected to decrease at a much lower rate. During a bear market, however, KraneShares Global Carbon is likely to outperform the market. Additionally KraneShares Global Carbon has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. KraneShares Global Price Density |
| Price |
Predictive Modules for KraneShares Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KraneShares Global Carbon. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.KraneShares Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KraneShares Global is not an exception. The market had few large corrections towards the KraneShares Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold KraneShares Global Carbon, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KraneShares Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | -0.21 |
KraneShares Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of KraneShares Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KraneShares Global Carbon can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KraneShares Global generated a negative expected return over the last 90 days | |
| The fund created three year return of -4.0% | |
| KraneShares Global Carbon maintains all of the assets in different exotic instruments |
KraneShares Global Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of KraneShares Etf often depends not only on the future outlook of the current and potential KraneShares Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. KraneShares Global's indicators that are reflective of the short sentiment are summarized in the table below.
KraneShares Global Technical Analysis
KraneShares Global's future price can be derived by breaking down and analyzing its technical indicators over time. KraneShares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KraneShares Global Carbon. In general, you should focus on analyzing KraneShares Etf price patterns and their correlations with different microeconomic environments and drivers.
KraneShares Global Predictive Forecast Models
KraneShares Global's time-series forecasting models is one of many KraneShares Global's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary KraneShares Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about KraneShares Global Carbon
Checking the ongoing alerts about KraneShares Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KraneShares Global Carbon help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KraneShares Global generated a negative expected return over the last 90 days | |
| The fund created three year return of -4.0% | |
| KraneShares Global Carbon maintains all of the assets in different exotic instruments |
Check out KraneShares Global Backtesting, Portfolio Optimization, KraneShares Global Correlation, KraneShares Global Hype Analysis, KraneShares Global Volatility, KraneShares Global History as well as KraneShares Global Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of KraneShares Global Carbon 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 Global's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Global'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 Global's market value can be influenced by many factors that don't directly affect KraneShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Global'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.