KraneShares Etf Forecast - Price Action Indicator
| KESG Etf | USD 16.81 0.00 0.00% |
KraneShares Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of KraneShares' historical fundamentals, such as revenue growth or operating cash flow patterns.
KraneShares |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.15 | (0.01) |
| Check KraneShares Volatility | Backtest KraneShares | Trend Details |
KraneShares Trading Date Momentum
| On July 13 2023 KraneShares was traded for 19.19 at the closing time. The top price for the day was 19.19 and the lowest listed price was 19.19 . There was no trading activity during the period 1.0. Lack of trading volume on July 13, 2023 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 1.59% . The trading delta at closing time against the current closing price is 0.69% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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KraneShares Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with KraneShares etf to make a market-neutral strategy. Peer analysis of KraneShares could also be used in its relative valuation, which is a method of valuing KraneShares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
KraneShares Market Strength Events
Market strength indicators help investors to evaluate how KraneShares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KraneShares shares will generate the highest return on investment. By undertsting and applying KraneShares etf market strength indicators, traders can identify KraneShares entry and exit signals to maximize returns.
| Accumulation Distribution | 0.11 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.88 | |||
| Day Typical Price | 17.53 | |||
| Market Facilitation Index | 2.15 | |||
| Price Action Indicator | (1.08) | |||
| Relative Strength Index | 49.65 |
KraneShares Risk Indicators
The analysis of KraneShares' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in KraneShares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kraneshares etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.38 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.84 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether KraneShares is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if KraneShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kraneshares Etf. Highlighted below are key reports to facilitate an investment decision about Kraneshares Etf:Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of KraneShares 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' value that differs from its market value or its book value, called intrinsic value, which is KraneShares' 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' market value can be influenced by many factors that don't directly affect KraneShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares' 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.