KraneShares CSI (UK) Market Value
| KWEB Etf | 20.42 0.55 2.62% |
| Symbol | KraneShares |
KraneShares CSI '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 CSI'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 CSI.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in KraneShares CSI on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding KraneShares CSI China or generate 0.0% return on investment in KraneShares CSI over 660 days. KraneShares CSI is related to or competes with Leverage Shares, WisdomTree, WisdomTree Silver, Leverage Shares, GraniteShares FAANG, Lyxor 10Y, and GraniteShares. KraneShares CSI is entity of United Kingdom More
KraneShares CSI 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 CSI'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 CSI China upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.0376 | |||
| Maximum Drawdown | 17.6 | |||
| Value At Risk | (4.52) | |||
| Potential Upside | 4.9 |
KraneShares CSI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KraneShares CSI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KraneShares CSI's standard deviation. In reality, there are many statistical measures that can use KraneShares CSI historical prices to predict the future KraneShares CSI's volatility.| Risk Adjusted Performance | 0.0696 | |||
| Jensen Alpha | 0.1943 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0411 | |||
| Treynor Ratio | 0.7128 |
KraneShares CSI China Backtested Returns
KraneShares CSI appears to be not too volatile, given 3 months investment horizon. KraneShares CSI China has Sharpe Ratio of 0.0936, which conveys that the entity had a 0.0936% return per unit of risk over the last 3 months. We have found thirty technical indicators for KraneShares CSI, which you can use to evaluate the volatility of the etf. Please exercise KraneShares CSI's Risk Adjusted Performance of 0.0696, mean deviation of 2.04, and Downside Deviation of 2.75 to check out if our risk estimates are consistent with your expectations. The etf secures a Beta (Market Risk) of 0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KraneShares CSI's returns are expected to increase less than the market. However, during the bear market, the loss of holding KraneShares CSI is expected to be smaller as well.
Auto-correlation | -0.28 |
Weak reverse predictability
KraneShares CSI China has weak reverse predictability. Overlapping area represents the amount of predictability between KraneShares CSI time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th of November 2024. 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 CSI China price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current KraneShares CSI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 4.45 |
KraneShares CSI China lagged returns against current returns
Autocorrelation, which is KraneShares CSI 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 CSI's etf expected returns. We can calculate the autocorrelation of KraneShares CSI returns to help us make a trade decision. For example, suppose you find that KraneShares CSI 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 CSI 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 CSI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KraneShares CSI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KraneShares CSI etf over time.
Current vs Lagged Prices |
| Timeline |
KraneShares CSI Lagged Returns
When evaluating KraneShares CSI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KraneShares CSI etf have on its future price. KraneShares CSI 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 CSI autocorrelation shows the relationship between KraneShares CSI etf current value and its past values and can show if there is a momentum factor associated with investing in KraneShares CSI China.
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 CSI China offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KraneShares CSI'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 Csi China Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Kraneshares Csi China Etf:Check out KraneShares CSI Correlation, KraneShares CSI Volatility and KraneShares CSI Alpha and Beta module to complement your research on KraneShares CSI. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
KraneShares CSI 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.