Kraneshares Etf Price on August 16, 2024
| KFVG Etf | USD 14.40 0.00 0.00% |
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 stands at 14.40, as last reported on the 26th of November, with the highest price reaching 14.40 and the lowest price hitting 14.40 during the day. At this point, KraneShares is very steady. KraneShares has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found eighteen technical indicators for KraneShares, which you can use to evaluate the volatility of the etf. Please verify KraneShares' Mean Deviation of 0.9993, standard deviation of 1.45, and Risk Adjusted Performance of (0.06) to check out if the risk estimate we provide is consistent with the expected return of 0.0435%.
KraneShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
KraneShares |
Sharpe Ratio = 0.1632
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Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average KraneShares is performing at about 12% 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 by adding it to a well-diversified portfolio.
KraneShares Valuation on August 16, 2024
It is possible to determine the worth of KraneShares on a given historical date. On August 16, 2024 KraneShares was worth 14.76 at the beginning of the trading date compared to the closed value of 14.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares etf. Still, in general, we apply an absolute valuation method to find KraneShares' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares' related companies.
| Open | High | Low | Close | Volume | |
| 14.66 | 14.66 | 14.65 | 14.65 | 192.00 | |
08/16/2024 | 14.76 | 14.78 | 14.71 | 14.78 | 2,560 |
| 14.72 | 14.86 | 14.72 | 14.82 | 900.00 |
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KraneShares Trading Date Momentum on August 16, 2024
| On August 19 2024 KraneShares was traded for 14.82 at the closing time. The top price for the day was 14.86 and the lowest listed price was 14.72 . The trading volume for the day was 900. The trading history from August 19, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 0.27% . The trading delta at closing time against the current closing price is 1.89% . |
KraneShares Fundamentals Correlations and Trends
By evaluating KraneShares' 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' 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 Etf history
KraneShares 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 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 stock prices may prove useful in developing a viable investing in KraneShares
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. Kraneshares Cicc is traded on NYSEARCA Exchange in the United States.
KraneShares Etf Technical Analysis
KraneShares 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 Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
KraneShares 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 November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares 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 shares will generate the highest return on investment. By undertsting and applying KraneShares etf market strength indicators, traders can identify KraneShares entry and exit signals to maximize returns
KraneShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares' 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 | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.35) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of KraneShares 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' value that differs from its market value or its book value, called intrinsic value, which is KraneShares' 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' market value can be influenced by many factors that don't directly affect KraneShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares' 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.