Kraneshares Emerging Markets Etf Price on December 23, 2024
KEMQ Etf | USD 17.08 0.02 0.12% |
Below is the normalized historical share price chart for KraneShares Emerging Markets extending back to October 12, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of KraneShares Emerging stands at 17.08, as last reported on the 25th of December, with the highest price reaching 17.08 and the lowest price hitting 16.97 during the day.
If you're considering investing in KraneShares Etf, it is important to understand the factors that can impact its price. KraneShares Emerging has Sharpe Ratio of -0.0519, which conveys that the entity had a -0.0519% return per unit of risk over the last 3 months. KraneShares Emerging exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KraneShares Emerging's Risk Adjusted Performance of 0.0436, downside deviation of 2.05, and Mean Deviation of 1.53 to check out the risk estimate we provide.
KraneShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 28.87 | 200 Day MA 16.3341 | 1 y Volatility 26.77 | 50 Day MA 17.7716 | Inception Date 2017-10-11 |
KraneShares |
Sharpe Ratio = -0.0519
Best Portfolio | Best Equity | |||
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Negative Returns | KEMQ |
Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KraneShares Emerging is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of KraneShares Emerging by adding KraneShares Emerging to a well-diversified portfolio.
Average Mkt Cap Mil 22.2 K |
KraneShares Emerging Valuation on December 23, 2024
It is possible to determine the worth of KraneShares Emerging on a given historical date. On December 23, 2024 KraneShares was worth 16.97 at the beginning of the trading date compared to the closed value of 17.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares Emerging etf. Still, in general, we apply an absolute valuation method to find KraneShares Emerging's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of KraneShares Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares Emerging's related companies.
Open | High | Low | Close | Volume | |
17.02 | 17.09 | 17.02 | 17.06 | 1,171 | |
12/23/2024 | 16.97 | 17.08 | 16.97 | 17.08 | 525.00 |
16.97 | 17.08 | 16.97 | 17.08 | 0.00 |
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KraneShares Emerging Trading Date Momentum on December 23, 2024
On December 25 2024 KraneShares Emerging Markets was traded for 17.08 at the closing time. The top price for the day was 17.08 and the lowest listed price was 16.97 . There was no trading activity during the period 0.0. Lack of trading volume on December 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.64% . |
KraneShares Emerging Fundamentals Correlations and Trends
By evaluating KraneShares Emerging's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among KraneShares Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KraneShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About KraneShares Emerging Etf history
KraneShares Emerging investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for KraneShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in KraneShares Emerging will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing KraneShares Emerging stock prices may prove useful in developing a viable investing in KraneShares Emerging
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 EM is traded on NYSEARCA Exchange in the United States.
KraneShares Emerging Etf Technical Analysis
KraneShares Emerging technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
KraneShares Emerging Period Price Range
Low | December 25, 2024
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0.00 | 0.00 |
KraneShares Emerging Markets cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
KraneShares Emerging December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying KraneShares Emerging etf market strength indicators, traders can identify KraneShares Emerging Markets entry and exit signals to maximize returns
KraneShares Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares Emerging's price direction in advance. Along with the technical and fundamental analysis of KraneShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of KraneShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0436 | |||
Jensen Alpha | 0.1069 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | 0.0288 | |||
Treynor Ratio | (0.24) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of KraneShares Emerging 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Emerging'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 Emerging's market value can be influenced by many factors that don't directly affect KraneShares Emerging'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 Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Emerging'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.