Kraneshares European Carbon Etf Price on November 13, 2024
KEUA Etf | USD 22.98 0.08 0.35% |
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 European stands at 22.98, as last reported on the 2nd of December, with the highest price reaching 22.98 and the lowest price hitting 22.81 during the day. KraneShares European has Sharpe Ratio of -0.0174, which conveys that the entity had a -0.0174% return per unit of risk over the last 3 months. KraneShares European exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KraneShares European's Risk Adjusted Performance of (0.03), mean deviation of 1.48, and Standard Deviation of 1.87 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 = -0.0174
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Negative Returns | KEUA |
Estimated Market Risk
1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KraneShares European 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 European by adding KraneShares European to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Related Headline
Blue Owl Headline on 13th of November 2024
Disposition of 75000 shares by Alan Kirshenbaum of Blue Owl ... by finance.yahoo.com
Filed transaction by Blue Owl Capital Officer: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
KraneShares European Valuation on November 13, 2024
It is possible to determine the worth of KraneShares European on a given historical date. On November 13, 2024 KraneShares was worth 22.27 at the beginning of the trading date compared to the closed value of 22.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares European etf. Still, in general, we apply an absolute valuation method to find KraneShares European'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 European where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares European's related companies.
Open | High | Low | Close | Volume | |
22.95 | 22.95 | 22.75 | 22.84 | 1,900 | |
11/13/2024 | 22.27 | 22.36 | 22.27 | 22.35 | 2,500 |
22.84 | 22.93 | 22.84 | 22.93 | 2,600 |
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KraneShares European Trading Date Momentum on November 13, 2024
On November 14 2024 KraneShares European Carbon was traded for 22.93 at the closing time. The top price for the day was 22.93 and the lowest listed price was 22.84 . The trading volume for the day was 2.6 K. The trading history from November 14, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 2.60% . The trading delta at closing time against the current closing price is 5.59% . |
KraneShares European Fundamentals Correlations and Trends
By evaluating KraneShares European'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 European'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 European Etf history
KraneShares European 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 European 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 European stock prices may prove useful in developing a viable investing in KraneShares European
The index is designed to measure the performance of a portfolio of futures contracts on carbon credits issued under the European Union Emissions Trading System cap and trade regime. Kraneshares European is traded on New York Stock Exchange in the United States.
KraneShares European Etf Technical Analysis
KraneShares European 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 European Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
KraneShares European Carbon 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 European December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares European 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 European shares will generate the highest return on investment. By undertsting and applying KraneShares European etf market strength indicators, traders can identify KraneShares European Carbon entry and exit signals to maximize returns
KraneShares European Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares European'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 | (0.08) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | 0.4894 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares European Carbon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of KraneShares European 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 European's value that differs from its market value or its book value, called intrinsic value, which is KraneShares European'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 European's market value can be influenced by many factors that don't directly affect KraneShares European'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 European's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares European is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares European'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.