Kraneshares Msci Emerging Etf Price on August 28, 2024
KEMX Etf | USD 29.71 0.18 0.60% |
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 MSCI stands at 29.71, as last reported on the 11th of December 2024, with the highest price reaching 29.91 and the lowest price hitting 29.66 during the day. KraneShares MSCI Emerging has Sharpe Ratio of -0.0491, which conveys that the entity had a -0.0491% return per unit of risk over the last 3 months. KraneShares MSCI exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KraneShares MSCI's Risk Adjusted Performance of (0.03), standard deviation of 0.81, and Mean Deviation of 0.615 to check out the risk estimate we provide.
KraneShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
KraneShares |
Sharpe Ratio = -0.0491
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Estimated Market Risk
0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KraneShares MSCI is not performing at its full potential. However, 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 MSCI by adding KraneShares MSCI to a well-diversified portfolio.
KraneShares MSCI Valuation on August 28, 2024
It is possible to determine the worth of KraneShares MSCI on a given historical date. On August 28, 2024 KraneShares was worth 31.02 at the beginning of the trading date compared to the closed value of 30.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares MSCI etf. Still, in general, we apply an absolute valuation method to find KraneShares MSCI'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 MSCI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares MSCI's related companies.
Open | High | Low | Close | Volume | |
31.02 | 31.07 | 30.90 | 31.01 | 5,005 | |
08/28/2024 | 31.02 | 31.04 | 30.95 | 30.99 | 5,291 |
30.96 | 30.96 | 30.88 | 30.91 | 1,347 |
Backtest KraneShares MSCI | | | KraneShares MSCI History | | | KraneShares MSCI Valuation | Previous | Next |
KraneShares MSCI Trading Date Momentum on August 28, 2024
On August 29 2024 KraneShares MSCI Emerging was traded for 30.91 at the closing time. The top price for the day was 30.96 and the lowest listed price was 30.88 . The trading volume for the day was 1.3 K. The trading history from August 29, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.26% . The trading delta at closing time against the current closing price is 3.16% . |
KraneShares MSCI Emerging Fundamentals Correlations and Trends
By evaluating KraneShares MSCI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among KraneShares MSCI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KraneShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About KraneShares MSCI Etf history
KraneShares MSCI 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 MSCI Emerging 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 MSCI stock prices may prove useful in developing a viable investing in KraneShares MSCI
Under normal circumstances, the fund will invest at least 80 percent of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. KS MSCI is traded on NYSEARCA Exchange in the United States.
KraneShares MSCI Etf Technical Analysis
KraneShares MSCI 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 MSCI Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
KraneShares MSCI Emerging cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 MSCI December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares MSCI 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 MSCI shares will generate the highest return on investment. By undertsting and applying KraneShares MSCI etf market strength indicators, traders can identify KraneShares MSCI Emerging entry and exit signals to maximize returns
KraneShares MSCI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares MSCI'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 | (0.03) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (1.54) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares MSCI Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of KraneShares MSCI Emerging 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is KraneShares MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect KraneShares MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares MSCI'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.