Kfa Value Line Etf Technical Analysis
| KVLE Etf | USD 28.11 0.11 0.39% |
As of the 30th of November, KFA Value owns the Downside Deviation of 0.7456, mean deviation of 0.5141, and Market Risk Adjusted Performance of 0.1941. KFA Value Line technical analysis lets you operate past data patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices. Please verify KFA Value Line jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if KFA Value Line is priced more or less accurately, providing market reflects its prevailing price of 28.11 per share.
KFA Value Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as KFA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KFAKFA |
KFA Value 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.
KFA Value Line Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 KFA Value Line volatility. High ATR values indicate high volatility, and low values indicate low volatility.
KFA Value Line Trend Analysis
Use this graph to draw trend lines for KFA Value Line. You can use it to identify possible trend reversals for KFA Value 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 KFA Value price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.KFA Value Best Fit Change Line
The following chart estimates an ordinary least squares regression model for KFA Value Line applied against its price change over selected period. The best fit line has a slop of 0.04 , which means KFA Value Line will continue generating value for investors. It has 122 observation points and a regression sum of squares at 59.56, which is the sum of squared deviations for the predicted KFA Value price change compared to its average price change.About KFA Value 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 KFA Value Line 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 KFA Value Line based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on KFA Value Line price pattern first instead of the macroeconomic environment surrounding KFA Value Line. By analyzing KFA Value'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 KFA Value'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 KFA Value specific price patterns or momentum indicators. Please read more on our technical analysis page.
KFA Value November 30, 2024 Technical Indicators
Most technical analysis of KFA 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 KFA from various momentum indicators to cycle indicators. When you analyze KFA 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 | 0.1592 | |||
| Market Risk Adjusted Performance | 0.1941 | |||
| Mean Deviation | 0.5141 | |||
| Semi Deviation | 0.5269 | |||
| Downside Deviation | 0.7456 | |||
| Coefficient Of Variation | 476.84 | |||
| Standard Deviation | 0.6903 | |||
| Variance | 0.4765 | |||
| Information Ratio | 0.0104 | |||
| Jensen Alpha | 0.0413 | |||
| Total Risk Alpha | 0.0195 | |||
| Sortino Ratio | 0.0096 | |||
| Treynor Ratio | 0.1841 | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.16 | |||
| Downside Variance | 0.5559 | |||
| Semi Variance | 0.2777 | |||
| Expected Short fall | (0.56) | |||
| Skewness | (0.45) | |||
| Kurtosis | 2.74 |
KFA Value Line One Year Return
Based on the recorded statements, KFA Value Line has an One Year Return of 30.8%. This is 314.93% lower than that of the KraneShares family and significantly higher than that of the Large Value category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KFA Value Line. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of KFA Value Line is measured differently than its book value, which is the value of KFA that is recorded on the company's balance sheet. Investors also form their own opinion of KFA Value's value that differs from its market value or its book value, called intrinsic value, which is KFA Value'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 KFA Value's market value can be influenced by many factors that don't directly affect KFA Value'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 KFA Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if KFA Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KFA Value'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.