Kraneshares Trust Etf Performance
| KLXY Etf | 23.07 0.10 0.44% |
The etf secures a Beta (Market Risk) of 0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KraneShares Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding KraneShares Trust is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days KraneShares Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, KraneShares Trust is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | How the price action is used to our Advantage - Stock Traders Daily | 09/26/2024 |
2 | Objective longshort Report - Stock Traders Daily | 11/18/2024 |
KraneShares |
KraneShares Trust Relative Risk vs. Return Landscape
If you would invest 2,402 in KraneShares Trust on September 1, 2024 and sell it today you would lose (95.00) from holding KraneShares Trust or give up 3.96% of portfolio value over 90 days. KraneShares Trust is currently does not generate positive expected returns and assumes 1.425% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% 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 Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KraneShares Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KraneShares Trust, and traders can use it to determine the average amount a KraneShares Trust'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 = -0.0373
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| Negative Returns | KLXY |
Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KraneShares Trust 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 Trust by adding KraneShares Trust to a well-diversified portfolio.
About KraneShares Trust Performance
Evaluating KraneShares Trust's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if KraneShares Trust 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 Trust has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
KraneShares Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange.| KraneShares Trust generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. For more information on how to buy KraneShares Etf please use our How to Invest in KraneShares Trust guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of KraneShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect KraneShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Trust'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.