Kraneshares Artificial Intelligence Etf Price on November 29, 2024

AGIX Etf   28.89  0.26  0.91%   
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 28.89, as last reported on the 4th of December, with the highest price reaching 28.89 and the lowest price hitting 28.57 during the day. KraneShares Artificial appears to be very steady, given 3 months investment horizon. KraneShares Artificial has Sharpe Ratio of 0.26, which conveys that the entity had a 0.26% return per unit of risk over the last 3 months. We have found thirty technical indicators for KraneShares Artificial, which you can use to evaluate the volatility of the etf. Please exercise KraneShares Artificial's Mean Deviation of 0.996, downside deviation of 1.65, and Risk Adjusted Performance of 0.1453 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.

Sharpe Ratio = 0.2585

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Estimated Market Risk

 1.28
  actual daily
11
89% of assets are more volatile

Expected Return

 0.33
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average KraneShares Artificial is performing at about 20% 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
278.3 K

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KraneShares Artificial Valuation on November 29, 2024

It is possible to determine the worth of KraneShares Artificial on a given historical date. On November 29, 2024 KraneShares was worth 28.07 at the beginning of the trading date compared to the closed value of 28.23. 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
  28.14    28.18    27.94    28.02    6,300  
11/29/2024
  28.07    28.26    28.07    28.23    702.00  
  28.27    28.71    28.27    28.63    15,300  
Backtest KraneShares Artificial  |  KraneShares Artificial History  |  KraneShares Artificial Valuation   PreviousNext  
Open Value
28.07
28.23
Closing Value
31.91
Upside

KraneShares Artificial Trading Date Momentum on November 29, 2024

On December 02 2024 KraneShares Artificial Intelligence was traded for  28.63  at the closing time. The top price for the day was 28.71  and the lowest listed price was  28.27 . The trading volume for the day was 15.3 K. The trading history from December 2, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.42% . The trading delta at closing time against the current closing price is 1.42% .

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.
A focus of KraneShares Artificial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of KraneShares Artificial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

KraneShares Artificial Period Price Range

Low
December 4, 2024
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High

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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 4, 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.
When determining whether KraneShares Artificial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KraneShares Artificial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kraneshares Artificial Intelligence Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Kraneshares Artificial Intelligence Etf:
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.