Kraneshares Etf Price on May 5, 2023

KMED Etf  USD 18.81  2.07  9.91%   
If you're considering investing in KraneShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of KraneShares stands at 18.81, as last reported on the 13th of December 2024, with the highest price reaching 20.91 and the lowest price hitting 18.81 during the day. We have found twenty-three technical indicators for KraneShares, which you can use to evaluate the volatility of the etf. Please verify KraneShares' Standard Deviation of 1.07, risk adjusted performance of (0.03), and Mean Deviation of 0.8448 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
KraneShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average KraneShares 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 by adding KraneShares to a well-diversified portfolio.

KraneShares Valuation on May 5, 2023

It is possible to determine the worth of KraneShares on a given historical date. On May 5, 2023 KraneShares was worth 21.81 at the beginning of the trading date compared to the closed value of 21.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares etf. Still, in general, we apply an absolute valuation method to find KraneShares' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares' related companies.
 Open High Low Close Volume
  21.68    21.68    21.68    21.68    1.00  
05/05/2023
  21.81    21.81    21.81    21.81    1.00  
  21.61    21.61    21.61    21.61    1.00  
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Open Value
21.81
21.81
Closing Value
21.81
Upside

KraneShares Trading Date Momentum on May 5, 2023

On May 08 2023 KraneShares was traded for  21.61  at the closing time. The top price for the day was 21.61  and the lowest listed price was  21.61 . There was no trading activity during the period 1.0. Lack of trading volume on May 8, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.92% . The trading delta at closing time against the current closing price is 0.92% .

KraneShares Fundamentals Correlations and Trends

By evaluating KraneShares' 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' 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 Etf history

KraneShares 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 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 stock prices may prove useful in developing a viable investing in KraneShares
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 Emerging is traded on NYSEARCA Exchange in the United States.

KraneShares Etf Technical Analysis

KraneShares 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.
A focus of KraneShares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of KraneShares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

KraneShares Period Price Range

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KraneShares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 December 13, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for KraneShares' 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.
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 income.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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.