Kraneshares Hang Seng Etf Market Value
| KTEC Etf | USD 15.81 0.02 0.13% |
| Symbol | KraneShares |
The market value of KraneShares Hang Seng 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 Hang's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Hang'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 Hang's market value can be influenced by many factors that don't directly affect KraneShares Hang'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 Hang's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Hang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Hang'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.
KraneShares Hang 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to KraneShares Hang's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of KraneShares Hang.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in KraneShares Hang on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding KraneShares Hang Seng or generate 0.0% return on investment in KraneShares Hang over 180 days. KraneShares Hang is related to or competes with IShares MSCI, KraneShares MSCI, FlexShares ESG, Impact Shares, BlackRock ETF, Goldman Sachs, and Fidelity Sustainable. Under normal circumstances, the fund will invest at least 80 percent of its net assets in instruments in its underlying ... More
KraneShares Hang Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure KraneShares Hang's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess KraneShares Hang Seng upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.85 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.28 |
KraneShares Hang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KraneShares Hang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KraneShares Hang's standard deviation. In reality, there are many statistical measures that can use KraneShares Hang historical prices to predict the future KraneShares Hang's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KraneShares Hang's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
KraneShares Hang Seng Backtested Returns
KraneShares Hang Seng has Sharpe Ratio of -0.1, which conveys that the entity had a -0.1 % return per unit of risk over the last 3 months. KraneShares Hang exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KraneShares Hang's Risk Adjusted Performance of (0.07), mean deviation of 1.36, and Standard Deviation of 1.75 to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. KraneShares Hang returns are very sensitive to returns on the market. As the market goes up or down, KraneShares Hang is expected to follow.
Auto-correlation | -0.81 |
Excellent reverse predictability
KraneShares Hang Seng has excellent reverse predictability. Overlapping area represents the amount of predictability between KraneShares Hang time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KraneShares Hang Seng price movement. The serial correlation of -0.81 indicates that around 81.0% of current KraneShares Hang price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
KraneShares Hang Seng lagged returns against current returns
Autocorrelation, which is KraneShares Hang etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting KraneShares Hang's etf expected returns. We can calculate the autocorrelation of KraneShares Hang returns to help us make a trade decision. For example, suppose you find that KraneShares Hang has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
KraneShares Hang regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If KraneShares Hang etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KraneShares Hang etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KraneShares Hang etf over time.
Current vs Lagged Prices |
| Timeline |
KraneShares Hang Lagged Returns
When evaluating KraneShares Hang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KraneShares Hang etf have on its future price. KraneShares Hang autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, KraneShares Hang autocorrelation shows the relationship between KraneShares Hang etf current value and its past values and can show if there is a momentum factor associated with investing in KraneShares Hang Seng.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether KraneShares Hang Seng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KraneShares Hang's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kraneshares Hang Seng Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Kraneshares Hang Seng Etf:Check out KraneShares Hang Correlation, KraneShares Hang Volatility and KraneShares Hang Alpha and Beta module to complement your research on KraneShares Hang. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
KraneShares Hang 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.