KraneShares Asia Financials
KHYB Etf | USD 24.07 0.40 1.63% |
Net Expense Ratio 0.0069 | 3 y Sharp Ratio (0.17) |
KraneShares |
The data published in KraneShares Asia's official financial statements typically reflect KraneShares Asia's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving KraneShares Asia's quantitative information. For example, before you start analyzing numbers published by KraneShares accountants, it's essential to understand KraneShares Asia's liquidity, profitability, and earnings quality within the context of the KraneShares space in which it operates.
Please note, the presentation of KraneShares Asia's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, KraneShares Asia's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of KraneShares Asia's management manipulating its earnings.
KraneShares Asia Etf Summary
KraneShares Asia competes with IShares JP, and First Trust. Under normal circumstances, the fund seeks to achieve its objective by investing at least 80 percent of its net assets in fixed income securities of issuers located in the Asia-Pacific region and other instruments that have economic characteristics similar to such securities. KS Ccbs is traded on NYSEARCA Exchange in the United States.Instrument | USA Etf View All |
Exchange | NYSE ARCA Exchange |
ISIN | US5007678437 |
CUSIP | 500767843 |
Region | Asia-Pacific |
Investment Issuer | KraneShares |
Etf Family | KraneShares |
Fund Category | Corporate |
Portfolio Concentration | High Yield |
Benchmark | Dow Jones Industrial |
Phone | NA |
Currency | USD - US Dollar |
KraneShares Asia Key Financial Ratios
KraneShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining KraneShares Asia's current stock value. Our valuation model uses many indicators to compare KraneShares Asia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across KraneShares Asia competition to find correlations between indicators driving KraneShares Asia's intrinsic value. More Info.KraneShares Asia Pacific is considered the top ETF in beta as compared to similar ETFs. It also is considered the top ETF in one year return as compared to similar ETFs reporting about 18.03 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the KraneShares Asia's earnings, one of the primary drivers of an investment's value.KraneShares Asia Pacific Systematic Risk
KraneShares Asia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. KraneShares Asia volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on KraneShares Asia Pacific correlated with the market. If Beta is less than 0 KraneShares Asia generally moves in the opposite direction as compared to the market. If KraneShares Asia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one KraneShares Asia Pacific is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of KraneShares Asia is generally in the same direction as the market. If Beta > 1 KraneShares Asia moves generally in the same direction as, but more than the movement of the benchmark.
About KraneShares Asia Financials
What exactly are KraneShares Asia Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include KraneShares Asia's income statement, its balance sheet, and the statement of cash flows. Potential KraneShares Asia investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although KraneShares Asia investors may use each financial statement separately, they are all related. The changes in KraneShares Asia's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on KraneShares Asia's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.KraneShares Asia Thematic Clasifications
KraneShares Asia Pacific is part of several thematic ideas from Corporate ETFs to High Yield ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasKraneShares Asia December 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of KraneShares Asia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of KraneShares Asia Pacific. We use our internally-developed statistical techniques to arrive at the intrinsic value of KraneShares Asia Pacific based on widely used predictive technical indicators. In general, we focus on analyzing KraneShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build KraneShares Asia's daily price indicators and compare them against related drivers.
Downside Deviation | 0.3837 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 0.6118 | |||
Value At Risk | (0.20) | |||
Potential Upside | 0.3223 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares Asia Pacific. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of KraneShares Asia Pacific 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 Asia's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Asia'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 Asia's market value can be influenced by many factors that don't directly affect KraneShares Asia'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 Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Asia'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.