Kfa Value Line Etf Price on November 25, 2024
| KVLE Etf | USD 27.86 0.01 0.04% |
If you're considering investing in KFA Etf, it is important to understand the factors that can impact its price. As of today, the current price of KFA Value stands at 27.86, as last reported on the 27th of November, with the highest price reaching 28.25 and the lowest price hitting 27.86 during the day. At this point, KFA Value is very steady. KFA Value Line retains Efficiency (Sharpe Ratio) of 0.2, which conveys that the entity had a 0.2% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for KFA Value, which you can use to evaluate the volatility of the etf. Please verify KFA Value's Market Risk Adjusted Performance of 0.1574, downside deviation of 0.7304, and Mean Deviation of 0.5269 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
KFA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
KFA |
Sharpe Ratio = 0.2028
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | KVLE | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average KFA Value is performing at about 15% 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 KFA Value by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 166.6 K |
KFA Value Valuation on November 25, 2024
It is possible to determine the worth of KFA Value on a given historical date. On November 25, 2024 KFA was worth 27.91 at the beginning of the trading date compared to the closed value of 27.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KFA Value etf. Still, in general, we apply an absolute valuation method to find KFA Value'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 KFA Value where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KFA Value's related companies.
| Open | High | Low | Close | Volume | |
| 27.77 | 27.77 | 27.75 | 27.76 | 1,568 | |
11/25/2024 | 27.91 | 27.91 | 27.83 | 27.85 | 981.00 |
| 27.88 | 28.25 | 27.86 | 27.86 | 1,168 |
| Backtest KFA Value | | | KFA Value History | | | KFA Value Valuation | Previous | Next |
KFA Value Trading Date Momentum on November 25, 2024
| On November 26 2024 KFA Value Line was traded for 27.86 at the closing time. The top price for the day was 28.25 and the lowest listed price was 27.86 . The trading volume for the day was 1.2 K. The trading history from November 26, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.04% . The trading delta at closing time against the current closing price is 0.11% . |
KFA Value Line Fundamentals Correlations and Trends
By evaluating KFA Value'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 KFA Value's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KFA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About KFA Value Etf history
KFA Value 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 KFA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in KFA Value Line 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 KFA Value stock prices may prove useful in developing a viable investing in KFA Value
Under normal circumstances, the fund will invest at least 80 percent of its net assets in instruments in its index or in instruments that have economic characteristics similar to those in the index. Kraneshares Kfa is traded on NYSEARCA Exchange in the United States.
KFA Value Etf Technical Analysis
KFA Value 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
KFA Value Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
KFA Value Line 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.
KFA Value November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how KFA Value etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KFA Value shares will generate the highest return on investment. By undertsting and applying KFA Value etf market strength indicators, traders can identify KFA Value Line entry and exit signals to maximize returns
KFA Value Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KFA Value's price direction in advance. Along with the technical and fundamental analysis of KFA Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of KFA 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 | 0.1299 | |||
| Jensen Alpha | 0.0214 | |||
| Total Risk Alpha | 0.0012 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1474 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KFA Value Line. 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 economic analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of KFA Value Line is measured differently than its book value, which is the value of KFA that is recorded on the company's balance sheet. Investors also form their own opinion of KFA Value's value that differs from its market value or its book value, called intrinsic value, which is KFA Value'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 KFA Value's market value can be influenced by many factors that don't directly affect KFA Value'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 KFA Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if KFA Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KFA Value'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.