Kraneshares Global Carbon Etf Price on October 25, 2024
| KRBN Etf | USD 31.29 0.40 1.26% |
Below is the normalized historical share price chart for KraneShares Global Carbon extending back to July 30, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of KraneShares Global stands at 31.29, as last reported on the 27th of November, with the highest price reaching 31.55 and the lowest price hitting 31.27 during the day.
If you're considering investing in KraneShares Etf, it is important to understand the factors that can impact its price. KraneShares Global Carbon has Sharpe Ratio of -0.0757, which conveys that the entity had a -0.0757% return per unit of risk over the last 3 months. KraneShares Global exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KraneShares Global's Standard Deviation of 1.18, risk adjusted performance of (0.04), and Mean Deviation of 0.9307 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.
3 y Volatility 24.42 | 200 Day MA 31.9848 | 1 y Volatility 22.89 | 50 Day MA 31.5794 | Inception Date 2020-07-29 |
KraneShares |
Sharpe Ratio = -0.0757
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KraneShares Global 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 Global by adding KraneShares Global to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
KraneShares Global Valuation on October 25, 2024
It is possible to determine the worth of KraneShares Global on a given historical date. On October 25, 2024 KraneShares was worth 32.08 at the beginning of the trading date compared to the closed value of 32.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares Global etf. Still, in general, we apply an absolute valuation method to find KraneShares Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares Global's related companies.
| Open | High | Low | Close | Volume | |
| 32.28 | 32.47 | 32.04 | 32.19 | 65,571 | |
10/25/2024 | 32.08 | 32.26 | 32.08 | 32.18 | 28,941 |
| 31.64 | 32.10 | 31.64 | 32.03 | 40,959 |
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KraneShares Global Trading Date Momentum on October 25, 2024
| On October 28 2024 KraneShares Global Carbon was traded for 32.03 at the closing time. The top price for the day was 32.10 and the lowest listed price was 31.64 . The trading volume for the day was 41 K. The trading history from October 28, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.47% . The trading delta at closing time against the current closing price is 0.31% . |
KraneShares Global Carbon Fundamentals Correlations and Trends
By evaluating KraneShares Global'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 Global'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 Global Etf history
KraneShares Global 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 Global Carbon 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 Global stock prices may prove useful in developing a viable investing in KraneShares Global
KraneShares Global Etf Technical Analysis
KraneShares Global 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 Global Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
KraneShares Global 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 Global November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares Global 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 Global shares will generate the highest return on investment. By undertsting and applying KraneShares Global etf market strength indicators, traders can identify KraneShares Global Carbon entry and exit signals to maximize returns
KraneShares Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares Global'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 | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.65) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares Global 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 bureau of labor statistics. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of KraneShares Global Carbon 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 Global's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Global'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 Global's market value can be influenced by many factors that don't directly affect KraneShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Global'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.