Kraneshares California Carbon Etf Performance
| KCCA Etf | USD 20.55 0.30 1.48% |
The etf secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KraneShares California's returns are expected to increase less than the market. However, during the bear market, the loss of holding KraneShares California is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days KraneShares California Carbon has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental indicators, KraneShares California is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Trading Report - Stock Traders Daily | 10/01/2024 |
2 | Pekin Hardy Strauss Inc. Sells 4,925 Shares of KraneShares California Carbon Allowance Strategy ETF | 11/25/2024 |
KraneShares |
KraneShares California Relative Risk vs. Return Landscape
If you would invest 2,110 in KraneShares California Carbon on September 3, 2024 and sell it today you would lose (55.00) from holding KraneShares California Carbon or give up 2.61% of portfolio value over 90 days. KraneShares California Carbon is currently does not generate positive expected returns and assumes 1.5076% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than KraneShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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KraneShares California Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KraneShares California's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KraneShares California Carbon, and traders can use it to determine the average amount a KraneShares California'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 = -0.0199
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| Negative Returns | KCCA |
Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KraneShares California is not performing at its full potential. However, 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 California by adding KraneShares California to a well-diversified portfolio.
KraneShares California Fundamentals Growth
KraneShares Etf prices reflect investors' perceptions of the future prospects and financial health of KraneShares California, and KraneShares California fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on KraneShares Etf performance.
| Total Asset | 272.82 M | |||
About KraneShares California Performance
By analyzing KraneShares California's fundamental ratios, stakeholders can gain valuable insights into KraneShares California's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if KraneShares California has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if KraneShares California has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.| KraneShares California generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: Pekin Hardy Strauss Inc. Sells 4,925 Shares of KraneShares California Carbon Allowance Strategy ETF | |
| The fund created three year return of -2.0% | |
| KraneShares California maintains most of the assets in different exotic instruments. |
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.