Kraneshares Sse Star Etf Price on November 25, 2024
| KSTR Etf | USD 13.69 0.05 0.37% |
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 SSE stands at 13.69, as last reported on the 3rd of December, with the highest price reaching 13.81 and the lowest price hitting 13.61 during the day. KraneShares SSE appears to be slightly risky, given 3 months investment horizon. KraneShares SSE STAR has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. By analyzing KraneShares SSE's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please exercise KraneShares SSE's Risk Adjusted Performance of 0.0948, downside deviation of 5.42, and Mean Deviation of 3.94 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.
KraneShares |
Sharpe Ratio = 0.1157
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Estimated Market Risk
| 6.81 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average KraneShares SSE is performing at about 9% 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 SSE by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 10.4 K |
KraneShares SSE Valuation on November 25, 2024
It is possible to determine the worth of KraneShares SSE on a given historical date. On November 25, 2024 KraneShares was worth 12.85 at the beginning of the trading date compared to the closed value of 12.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares SSE etf. Still, in general, we apply an absolute valuation method to find KraneShares SSE'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 SSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares SSE's related companies.
| Open | High | Low | Close | Volume | |
| 13.01 | 13.01 | 12.95 | 12.98 | 32,480 | |
11/25/2024 | 12.85 | 12.90 | 12.82 | 12.86 | 23,005 |
| 12.86 | 12.86 | 12.75 | 12.79 | 5,031 |
| Backtest KraneShares SSE | | | KraneShares SSE History | | | KraneShares SSE Valuation | Previous | Next |
KraneShares SSE Trading Date Momentum on November 25, 2024
| On November 26 2024 KraneShares SSE STAR was traded for 12.79 at the closing time. The top price for the day was 12.86 and the lowest listed price was 12.75 . The trading volume for the day was 5 K. The trading history from November 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.54% . The trading delta at closing time against the current closing price is 6.07% . |
KraneShares SSE STAR Fundamentals Correlations and Trends
By evaluating KraneShares SSE'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 SSE'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 SSE Etf history
KraneShares SSE 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 SSE STAR 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 SSE stock prices may prove useful in developing a viable investing in KraneShares SSE
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. Kraneshares Sse is traded on NYSEARCA Exchange in the United States.
KraneShares SSE Etf Technical Analysis
KraneShares SSE 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 SSE Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
KraneShares SSE STAR 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 SSE December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares SSE 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 SSE shares will generate the highest return on investment. By undertsting and applying KraneShares SSE etf market strength indicators, traders can identify KraneShares SSE STAR entry and exit signals to maximize returns
KraneShares SSE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares SSE'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 | 0.0948 | |||
| Jensen Alpha | 0.9138 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.1156 | |||
| Treynor Ratio | (0.49) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares SSE STAR. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of KraneShares SSE STAR 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 SSE's value that differs from its market value or its book value, called intrinsic value, which is KraneShares SSE'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 SSE's market value can be influenced by many factors that don't directly affect KraneShares SSE'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 SSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares SSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares SSE'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.