Kraneshares Trust Etf Beta
| KEM Etf | USD 27.19 0.02 0.07% |
KraneShares Trust fundamentals help investors to digest information that contributes to KraneShares Trust's financial success or failures. It also enables traders to predict the movement of KraneShares Etf. The fundamental analysis module provides a way to measure KraneShares Trust's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to KraneShares Trust etf.
KraneShares |
KraneShares Trust ETF Beta Analysis
KraneShares Trust's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current KraneShares Trust Beta | 1.83 |
Most of KraneShares Trust's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, KraneShares Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, KraneShares Trust has a Beta of 1.8268. This is much higher than that of the Electronic Equipment, Instruments & Components family and significantly higher than that of the Diversified Emerging Mkts category. The beta for all United States etfs is notably lower than that of the firm.
KraneShares Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses KraneShares Trust's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of KraneShares Trust could also be used in its relative valuation, which is a method of valuing KraneShares Trust by comparing valuation metrics of similar companies.KraneShares Trust is currently under evaluation in beta as compared to similar ETFs.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, KraneShares Trust will likely underperform.
KraneShares Fundamentals
| Return On Equity | 0.0643 | |||
| Return On Asset | 0.087 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.15 % | |||
| Shares Outstanding | 58.27 M | |||
| Shares Owned By Insiders | 1.77 % | |||
| Shares Owned By Institutions | 96.86 % | |||
| Number Of Shares Shorted | 4.82 M | |||
| Price To Earning | 38.87 X | |||
| Price To Book | 2.46 X | |||
| Price To Sales | 1.28 X | |||
| Revenue | 1.26 B | |||
| Gross Profit | 420.49 M | |||
| EBITDA | 131.71 M | |||
| Net Income | 41.38 M | |||
| Cash And Equivalents | 217.31 M | |||
| Cash Per Share | 3.74 X | |||
| Total Debt | 267.8 M | |||
| Debt To Equity | 51.60 % | |||
| Current Ratio | 2.49 X | |||
| Book Value Per Share | 11.11 X | |||
| Cash Flow From Operations | 158.86 M | |||
| Short Ratio | 5.23 X | |||
| Earnings Per Share | 0.70 X | |||
| Price To Earnings To Growth | 1.33 X | |||
| Target Price | 27.2 | |||
| Number Of Employees | 27 | |||
| Beta | 1.83 | |||
| Market Capitalization | 1.59 B | |||
| Total Asset | 1.29 B | |||
| Retained Earnings | 239.77 M | |||
| Working Capital | 228.79 M | |||
| Current Asset | 352.55 M | |||
| Current Liabilities | 123.75 M | |||
| Annual Yield | 0.01 % | |||
| One Year Return | 8.80 % | |||
| Net Asset | 1.29 B |
About KraneShares Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze KraneShares Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KraneShares Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KraneShares Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out KraneShares Trust Piotroski F Score and KraneShares Trust Altman Z Score analysis. To learn how to invest in KraneShares Etf, please use our How to Invest in KraneShares Trust guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of KraneShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect KraneShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Trust'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.