KraneShares ICBCCS (UK) Performance
| CHIP Etf | 929.75 14.50 1.58% |
The etf secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KraneShares ICBCCS are expected to decrease at a much lower rate. During the bear market, KraneShares ICBCCS is likely to outperform the market.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in KraneShares ICBCCS SP are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, KraneShares ICBCCS unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Fidelity Blue Chip Growth ETF Q3 2024 Review - Seeking Alpha | 11/14/2024 |
KraneShares |
KraneShares ICBCCS Relative Risk vs. Return Landscape
If you would invest 78,425 in KraneShares ICBCCS SP on August 30, 2024 and sell it today you would earn a total of 14,550 from holding KraneShares ICBCCS SP or generate 18.55% return on investment over 90 days. KraneShares ICBCCS SP is generating 0.301% of daily returns and assumes 2.6535% volatility on return distribution over the 90 days horizon. Simply put, 23% of etfs are less volatile than KraneShares, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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KraneShares ICBCCS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KraneShares ICBCCS's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KraneShares ICBCCS SP, and traders can use it to determine the average amount a KraneShares ICBCCS's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1134
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Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average KraneShares ICBCCS is performing at about 8% 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 ICBCCS by adding it to a well-diversified portfolio.
About KraneShares ICBCCS Performance
Assessing KraneShares ICBCCS's fundamental ratios provides investors with valuable insights into KraneShares ICBCCS's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the KraneShares ICBCCS is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
KraneShares ICBCCS is entity of United Kingdom. It is traded as Etf on LSE exchange.| Latest headline from news.google.com: Fidelity Blue Chip Growth ETF Q3 2024 Review - Seeking Alpha |
Other Information on Investing in KraneShares Etf
KraneShares ICBCCS financial ratios help investors to determine whether KraneShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KraneShares with respect to the benefits of owning KraneShares ICBCCS security.