KraneShares California Valuation
| KCCA Etf | USD 20.16 0.25 1.26% |
At this time, the etf appears to be fairly valued. KraneShares California secures a last-minute Real Value of $20.52 per share. The latest price of the etf is $20.16. Our model forecasts the value of KraneShares California from analyzing the etf fundamentals such as beta of 0.06, and Net Asset of 272.82 M as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that KraneShares California's price fluctuation is very steady at this time. Calculation of the real value of KraneShares California is based on 3 months time horizon. Increasing KraneShares California's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since KraneShares California is currently traded on the exchange, buyers and sellers on that exchange determine the market value of KraneShares Etf. However, KraneShares California's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 20.16 | Real 20.52 | Hype 20.16 | Naive 19.08 |
The real value of KraneShares Etf, also known as its intrinsic value, is the underlying worth of KraneShares California ETF, which is reflected in its stock price. It is based on KraneShares California's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of KraneShares California's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of KraneShares California Carbon helps investors to forecast how KraneShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of KraneShares California more accurately as focusing exclusively on KraneShares California's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates KraneShares California's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in KraneShares California and how it compares across the competition.
About KraneShares California Valuation
The etf valuation mechanism determines KraneShares California's current worth on a weekly basis. Our valuation model uses a comparative analysis of KraneShares California. We calculate exposure to KraneShares California's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of KraneShares California's related companies.The index is designed to measure the performance of a portfolio of futures contracts on carbon credits issued under the California Carbon Allowance cap and trade regime. Kraneshares California is traded on New York Stock Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares California Carbon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of KraneShares California 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 California's value that differs from its market value or its book value, called intrinsic value, which is KraneShares California'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 California's market value can be influenced by many factors that don't directly affect KraneShares California'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 California's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares California'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.