Kraneshares Asia Pacific Etf Price on November 27, 2024
| KHYB Etf | USD 24.47 0.42 1.69% |
Below is the normalized historical share price chart for KraneShares Asia Pacific extending back to June 28, 2018. 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 Asia stands at 24.47, as last reported on the 18th of December 2024, with the highest price reaching 24.52 and the lowest price hitting 24.44 during the day.
If you're considering investing in KraneShares Etf, it is important to understand the factors that can impact its price. At this point, KraneShares Asia is very steady. KraneShares Asia Pacific has Sharpe Ratio of 0.041, which conveys that the entity had a 0.041% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for KraneShares Asia, which you can use to evaluate the volatility of the etf. Please verify KraneShares Asia's Coefficient Of Variation of 304.4, risk adjusted performance of 0.2001, and Mean Deviation of 0.1232 to check out if the risk estimate we provide is consistent with the expected return of 0.0108%.
KraneShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 10.24 | 200 Day MA 24.856 | 1 y Volatility 2.89 | 50 Day MA 25.0269 | Inception Date 2018-06-26 |
KraneShares |
Sharpe Ratio = 0.041
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KHYB |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average KraneShares Asia is performing at about 3% of its full potential. 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 Asia by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 187.42961 | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=0.01098} |
KraneShares Asia Valuation on November 27, 2024
It is possible to determine the worth of KraneShares Asia on a given historical date. On November 27, 2024 KraneShares was worth 24.74 at the beginning of the trading date compared to the closed value of 24.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares Asia etf. Still, in general, we apply an absolute valuation method to find KraneShares Asia'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 Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares Asia's related companies.
| Open | High | Low | Close | Volume | |
| 24.75 | 24.75 | 24.72 | 24.73 | 7,400 | |
11/27/2024 | 24.74 | 24.75 | 24.73 | 24.73 | 8,900 |
| 24.75 | 24.78 | 24.75 | 24.77 | 2,062 |
| Backtest KraneShares Asia | | | KraneShares Asia History | | | KraneShares Asia Valuation | Previous | Next |
KraneShares Asia Trading Date Momentum on November 27, 2024
| On November 29 2024 KraneShares Asia Pacific was traded for 24.77 at the closing time. The top price for the day was 24.78 and the lowest listed price was 24.75 . The trading volume for the day was 2.1 K. The trading history from November 29, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.16% . The trading delta at closing time against the current closing price is 0.49% . |
KraneShares Asia Pacific Fundamentals Correlations and Trends
By evaluating KraneShares Asia'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 Asia'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 Asia Etf history
KraneShares Asia 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 Asia Pacific 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 Asia stock prices may prove useful in developing a viable investing in KraneShares Asia
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.
KraneShares Asia Etf Technical Analysis
KraneShares Asia 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 Asia Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
KraneShares Asia Pacific 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 Asia December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares Asia 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 Asia shares will generate the highest return on investment. By undertsting and applying KraneShares Asia etf market strength indicators, traders can identify KraneShares Asia Pacific entry and exit signals to maximize returns
KraneShares Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares Asia'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 | 0.2001 | |||
| Jensen Alpha | 0.0389 | |||
| Total Risk Alpha | 0.0276 | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 3.27 |
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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.