Kraneshares Artificial Intelligence Etf Price on September 27, 2024
| AGIX Etf | 28.23 0.21 0.75% |
If you're considering investing in KraneShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of KraneShares Artificial stands at 28.23, as last reported on the 1st of December, with the highest price reaching 28.26 and the lowest price hitting 28.07 during the day. KraneShares Artificial appears to be very steady, given 3 months investment horizon. KraneShares Artificial has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for KraneShares Artificial, which you can use to evaluate the volatility of the etf. Please exercise KraneShares Artificial's Downside Deviation of 1.61, mean deviation of 0.9928, and Risk Adjusted Performance of 0.1353 to check out if our risk estimates are consistent with your expectations.
KraneShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
KraneShares |
Sharpe Ratio = 0.2299
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average KraneShares Artificial is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of KraneShares Artificial by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 275.7 K |
KraneShares Artificial Valuation on September 27, 2024
It is possible to determine the worth of KraneShares Artificial on a given historical date. On September 27, 2024 KraneShares was worth 25.71 at the beginning of the trading date compared to the closed value of 25.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares Artificial etf. Still, in general, we apply an absolute valuation method to find KraneShares Artificial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of KraneShares Artificial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares Artificial's related companies.
| Open | High | Low | Close | Volume | |
| 25.73 | 25.73 | 25.44 | 25.63 | 2,600 | |
09/27/2024 | 25.71 | 25.71 | 25.38 | 25.38 | 4,669 |
| 25.31 | 25.40 | 25.24 | 25.40 | 3,100 |
| Backtest KraneShares Artificial | | | KraneShares Artificial History | | | KraneShares Artificial Valuation | Previous | Next |
KraneShares Artificial Trading Date Momentum on September 27, 2024
| On September 30 2024 KraneShares Artificial Intelligence was traded for 25.40 at the closing time. The top price for the day was 25.40 and the lowest listed price was 25.24 . The trading volume for the day was 3.1 K. The trading history from September 30, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.08% . The trading delta at closing time against the current closing price is 0.35% . |
About KraneShares Artificial Etf history
KraneShares Artificial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for KraneShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in KraneShares Artificial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing KraneShares Artificial stock prices may prove useful in developing a viable investing in KraneShares Artificial
KraneShares Artificial Etf Technical Analysis
KraneShares Artificial technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
KraneShares Artificial Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
KraneShares Artificial Intelligence cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
KraneShares Artificial December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares Artificial 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 Artificial shares will generate the highest return on investment. By undertsting and applying KraneShares Artificial etf market strength indicators, traders can identify KraneShares Artificial Intelligence entry and exit signals to maximize returns
KraneShares Artificial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares Artificial's price direction in advance. Along with the technical and fundamental analysis of KraneShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of KraneShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1353 | |||
| Jensen Alpha | 0.0726 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | 0.188 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in KraneShares Artificial Intelligence. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of KraneShares Artificial 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 Artificial's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Artificial'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 Artificial's market value can be influenced by many factors that don't directly affect KraneShares Artificial'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 Artificial's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Artificial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.