KraneShares Electric Valuation
KARS Etf | USD 22.48 0.43 1.95% |
At this time, the etf appears to be overvalued. KraneShares Electric secures a last-minute Real Value of $20.26 per share. The latest price of the etf is $22.48. Our model forecasts the value of KraneShares Electric from analyzing the etf fundamentals such as Net Asset of 214.5 M, number of employees of 618, and Total Asset of 214.5 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that KraneShares Electric's price fluctuation is not too volatile at this time. Calculation of the real value of KraneShares Electric is based on 3 months time horizon. Increasing KraneShares Electric's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the KraneShares etf is determined by what a typical buyer is willing to pay for full or partial control of KraneShares Electric Vehicles. Since KraneShares Electric is currently traded on the exchange, buyers and sellers on that exchange determine the market value of KraneShares Etf. However, KraneShares Electric'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 22.48 | Real 20.26 | Hype 22.08 | Naive 20.55 |
The intrinsic value of KraneShares Electric'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, news, and other external factors that may influence KraneShares Electric's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of KraneShares Electric Vehicles 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 Electric more accurately as focusing exclusively on KraneShares Electric's fundamentals will not take into account other important factors: About KraneShares Electric Valuation
The etf valuation mechanism determines KraneShares Electric's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of KraneShares Electric based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of KraneShares Electric. We calculate exposure to KraneShares Electric's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of KraneShares Electric's related companies.The fund will invest at least 80 percent of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. KS Electric is traded on NYSEARCA Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares Electric Vehicles. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of KraneShares Electric 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 Electric's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Electric'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 Electric's market value can be influenced by many factors that don't directly affect KraneShares Electric'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 Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Electric'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.