KraneShares Etf Forecast - Relative Strength Index
| KFYP Etf | USD 23.00 0.11 0.48% |
KraneShares Etf Forecast is based on your current time horizon.
KraneShares |
| Check KraneShares Volatility | Backtest KraneShares | Information Ratio |
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.
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 | 0.844 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.17 |
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.
Pair Trading with KraneShares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KraneShares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KraneShares will appreciate offsetting losses from the drop in the long position's value.Moving against KraneShares Etf
| 0.71 | VTI | Vanguard Total Stock | PairCorr |
| 0.7 | VO | Vanguard Mid Cap | PairCorr |
| 0.69 | SPY | SPDR SP 500 | PairCorr |
| 0.69 | IVV | iShares Core SP | PairCorr |
| 0.69 | VUG | Vanguard Growth Index | PairCorr |
The ability to find closely correlated positions to KraneShares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KraneShares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KraneShares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KraneShares to buy it.
The correlation of KraneShares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KraneShares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KraneShares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KraneShares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 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 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.