KFA Mount is selling at 27.73 as of the 28th of November 2024; that is 0.14 percent decrease since the beginning of the trading day. The etf's lowest day price was 27.66. KFA Mount has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for KFA Mount Lucas are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund seeks to achieve its goal by investing in commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges that are the same as or similar to those included in the index. Kfa Mount is traded on NYSEARCA Exchange in the United States. More on KFA Mount Lucas
Timothy J. Rudderow Sr, Gerald L. Prior, III, David Aspell
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
31-Mar
Exchange
NYSE Arca, Inc.
Number of Constituents
24.0
Market Maker
Susquehanna
Total Expense
0.9
Management Fee
0.89
Country Name
USA
Returns Y T D
(3.64)
Name
KFA Mount Lucas Index Strategy ETF
Currency Code
USD
Open Figi
BBG00YD8RHH8
In Threey Volatility
14.72
1y Volatility
11.44
200 Day M A
29.3026
50 Day M A
28.3571
Code
KMLM
Updated At
27th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.09
KFA Mount Lucas [KMLM] is traded in USA and was established 2020-12-01. The fund is listed under Systematic Trend category and is part of KraneShares family. The entity is thematically classified as Target Outcome ETFs. KFA Mount Lucas now have 274.24 M in assets. , while the total return for the last 3 years was 4.8%.
Check KFA Mount Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in KFA Mount. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether KFA Mount Lucas is a strong investment it is important to analyze KFA Mount's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KFA Mount's future performance. For an informed investment choice regarding KFA Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KFA Mount Lucas. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of KFA Mount Lucas 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 Mount's value that differs from its market value or its book value, called intrinsic value, which is KFA Mount'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 Mount's market value can be influenced by many factors that don't directly affect KFA Mount'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 Mount's value and its price as these two are different measures arrived at by different means. Investors typically determine if KFA Mount is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KFA Mount'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.