Kraneshares Sse Star Etf Performance
| KSTR Etf | USD 13.07 0.08 0.61% |
The etf secures a Beta (Market Risk) of 1.73, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, KraneShares SSE will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in KraneShares SSE STAR are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady basic indicators, KraneShares SSE reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.64 |
KraneShares |
KraneShares SSE Relative Risk vs. Return Landscape
If you would invest 945.00 in KraneShares SSE STAR on September 20, 2024 and sell it today you would earn a total of 362.00 from holding KraneShares SSE STAR or generate 38.31% return on investment over 90 days. KraneShares SSE STAR is currently generating 0.7527% in daily expected returns and assumes 6.9832% risk (volatility on return distribution) over the 90 days horizon. In different words, 62% of etfs are less volatile than KraneShares, and 85% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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KraneShares SSE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KraneShares SSE's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KraneShares SSE STAR, and traders can use it to determine the average amount a KraneShares SSE's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1078
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.98 actual daily | 62 62% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average KraneShares SSE is performing at about 8% 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 SSE by adding it to a well-diversified portfolio.
KraneShares SSE Fundamentals Growth
KraneShares Etf prices reflect investors' perceptions of the future prospects and financial health of KraneShares SSE, and KraneShares SSE fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on KraneShares Etf performance.
| Total Asset | 44.08 M | |||
About KraneShares SSE Performance
Assessing KraneShares SSE's fundamental ratios provides investors with valuable insights into KraneShares SSE's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the KraneShares SSE is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, 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. Kraneshares Sse is traded on NYSEARCA Exchange in the United States.| KraneShares SSE STAR is way too risky over 90 days horizon | |
| KraneShares SSE STAR appears to be risky and price may revert if volatility continues | |
| The fund created three year return of -19.0% | |
| KraneShares SSE STAR maintains 99.23% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares SSE STAR. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of KraneShares SSE STAR 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 SSE's value that differs from its market value or its book value, called intrinsic value, which is KraneShares SSE'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 SSE's market value can be influenced by many factors that don't directly affect KraneShares SSE'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 SSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares SSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares SSE'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.