Kraneshares California Carbon Etf Buy Hold or Sell Recommendation
| KCCA Etf | USD 16.25 0.04 0.25% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding KraneShares California Carbon is 'Strong Sell'. Macroaxis provides KraneShares California buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KCCA positions.
Check out KraneShares California Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as KraneShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 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.
KraneShares |
Execute KraneShares California Buy or Sell Advice
The KraneShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on KraneShares California Carbon. Macroaxis does not own or have any residual interests in KraneShares California Carbon or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute KraneShares California's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
KraneShares California Trading Alerts and Improvement Suggestions
| KraneShares California generated a negative expected return over the last 90 days | |
| The fund created three year return of -3.0% | |
| KraneShares California maintains most of the assets in different exotic instruments. |
KraneShares California Returns Distribution Density
The distribution of KraneShares California's historical returns is an attempt to chart the uncertainty of KraneShares California's future price movements. The chart of the probability distribution of KraneShares California daily returns describes the distribution of returns around its average expected value. We use KraneShares California Carbon price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of KraneShares California returns is essential to provide solid investment advice for KraneShares California.
| Mean Return | -0.28 | Value At Risk | -3.02 | Potential Upside | 1.74 | Standard Deviation | 1.73 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of KraneShares California historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
KraneShares California Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to KraneShares California or KraneShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that KraneShares California's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a KraneShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.1 |
KraneShares California Volatility Alert
KraneShares California Carbon exhibits very low volatility with skewness of -2.13 and kurtosis of 8.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure KraneShares California's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact KraneShares California's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.KraneShares California Fundamentals Vs Peers
Comparing KraneShares California's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze KraneShares California's direct or indirect competition across all of the common fundamentals between KraneShares California and the related equities. This way, we can detect undervalued stocks with similar characteristics as KraneShares California or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of KraneShares California's fundamental indicators could also be used in its relative valuation, which is a method of valuing KraneShares California by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare KraneShares California to competition |
| Fundamentals | KraneShares California | Peer Average |
| Beta | 0.19 | |
| One Year Return | (23.20) % | (0.97) % |
| Three Year Return | (2.90) % | 3.23 % |
| Net Asset | 272.82 M | 2.29 B |
| Equity Positions Weight | 28.74 % | 52.82 % |
KraneShares California Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as KraneShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About KraneShares California Buy or Sell Advice
When is the right time to buy or sell KraneShares California Carbon? Buying financial instruments such as KraneShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having KraneShares California in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out KraneShares California Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.