Kraneshares Msci China Etf Current Valuation
| KGRN Etf | USD 22.39 0.33 1.45% |
Valuation analysis of KraneShares MSCI China helps investors to measure KraneShares MSCI's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that KraneShares MSCI's price fluctuation is not too volatile at this time. Calculation of the real value of KraneShares MSCI China is based on 3 months time horizon. Increasing KraneShares MSCI's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since KraneShares MSCI is currently traded on the exchange, buyers and sellers on that exchange determine the market value of KraneShares Etf. However, KraneShares MSCI's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 22.39 | Real 21.13 | Hype 22.64 | Naive 24.26 |
The intrinsic value of KraneShares MSCI's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence KraneShares MSCI's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of KraneShares MSCI China helps investors to forecast how KraneShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of KraneShares MSCI more accurately as focusing exclusively on KraneShares MSCI's fundamentals will not take into account other important factors: KraneShares MSCI China ETF Current Valuation Analysis
KraneShares MSCI's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, KraneShares MSCI China has a Current Valuation of 0.0. This indicator is about the same for the KraneShares average (which is currently at 0.0) family and about the same as China Region (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Fund Asset Allocation for KraneShares MSCI
The fund invests 99.75% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides KraneShares MSCI's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
KraneShares Fundamentals
| Number Of Employees | 574 | |||
| Beta | 1.08 | |||
| Total Asset | 109.04 M | |||
| One Year Return | 2.90 % | |||
| Three Year Return | (19.90) % | |||
| Five Year Return | 5.80 % | |||
| Net Asset | 109.04 M | |||
| Last Dividend Paid | 1.09 | |||
| Equity Positions Weight | 99.75 % |
About KraneShares MSCI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze KraneShares MSCI China's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KraneShares MSCI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KraneShares MSCI China based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with KraneShares MSCI
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 MSCI 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 MSCI will appreciate offsetting losses from the drop in the long position's value.Moving together with KraneShares Etf
| 0.85 | KWEB | KraneShares CSI China | PairCorr |
| 0.84 | FXI | iShares China Large | PairCorr |
| 0.97 | ASHR | Xtrackers Harvest CSI | PairCorr |
| 0.98 | GXC | SPDR SP China | PairCorr |
Moving against KraneShares Etf
The ability to find closely correlated positions to KraneShares MSCI 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 MSCI 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 MSCI - 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 MSCI China to buy it.
The correlation of KraneShares MSCI 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 MSCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KraneShares MSCI China 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 MSCI 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 KraneShares MSCI Piotroski F Score and KraneShares MSCI Altman Z Score analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of KraneShares MSCI China 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is KraneShares MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect KraneShares MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares MSCI'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.