Kraneshares Artificial Intelligence Etf Technical Analysis
| AGIX Etf | 28.23 0.21 0.75% |
As of the 1st of December, KraneShares Artificial secures the Risk Adjusted Performance of 0.1353, downside deviation of 1.61, and Mean Deviation of 0.9928. KraneShares Artificial Intelligence technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices.
KraneShares Artificial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as KraneShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KraneSharesKraneShares |
KraneShares Artificial 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.
KraneShares Artificial Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of KraneShares Artificial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
KraneShares Artificial Trend Analysis
Use this graph to draw trend lines for KraneShares Artificial Intelligence. You can use it to identify possible trend reversals for KraneShares Artificial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual KraneShares Artificial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.KraneShares Artificial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for KraneShares Artificial Intelligence applied against its price change over selected period. The best fit line has a slop of 0.07 , which means KraneShares Artificial Intelligence will continue generating value for investors. It has 122 observation points and a regression sum of squares at 199.4, which is the sum of squared deviations for the predicted KraneShares Artificial price change compared to its average price change.About KraneShares Artificial Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of KraneShares Artificial Intelligence on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of KraneShares Artificial Intelligence based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on KraneShares Artificial price pattern first instead of the macroeconomic environment surrounding KraneShares Artificial. By analyzing KraneShares Artificial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of KraneShares Artificial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to KraneShares Artificial specific price patterns or momentum indicators. Please read more on our technical analysis page.
KraneShares Artificial December 1, 2024 Technical Indicators
Most technical analysis of KraneShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for KraneShares from various momentum indicators to cycle indicators. When you analyze KraneShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.1353 | |||
| Market Risk Adjusted Performance | 0.198 | |||
| Mean Deviation | 0.9928 | |||
| Semi Deviation | 1.27 | |||
| Downside Deviation | 1.61 | |||
| Coefficient Of Variation | 584.46 | |||
| Standard Deviation | 1.38 | |||
| Variance | 1.91 | |||
| Information Ratio | 0.0714 | |||
| Jensen Alpha | 0.0726 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | 0.188 | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.16 | |||
| Downside Variance | 2.6 | |||
| Semi Variance | 1.61 | |||
| Expected Short fall | (1.01) | |||
| Skewness | (0.60) | |||
| Kurtosis | 1.31 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in KraneShares Artificial Intelligence. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of KraneShares Artificial 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 Artificial's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Artificial'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 Artificial's market value can be influenced by many factors that don't directly affect KraneShares Artificial'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 Artificial's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Artificial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Artificial'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.