Kraneshares Etf Price To Book
KraneShares fundamentals help investors to digest information that contributes to KraneShares' financial success or failures. It also enables traders to predict the movement of KraneShares Etf. The fundamental analysis module provides a way to measure KraneShares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to KraneShares etf.
KraneShares |
KraneShares ETF Price To Book Analysis
KraneShares' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, KraneShares has a Price To Book of 0.0 times. This indicator is about the same for the KraneShares average (which is currently at 0.0) family and about the same as Diversified Emerging Mkts (which currently averages 0.0) category. The price to book for all United States etfs is 100.0% higher than that of the company.
KraneShares Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses KraneShares' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of KraneShares could also be used in its relative valuation, which is a method of valuing KraneShares by comparing valuation metrics of similar companies.KraneShares is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for KraneShares
The fund invests 100.23% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides KraneShares' 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 | 465 | |||
| Beta | 0.66 | |||
| Total Asset | 1.97 M | |||
| One Year Return | (6.90) % | |||
| Three Year Return | (14.80) % | |||
| Five Year Return | (1.40) % | |||
| Net Asset | 1.97 M | |||
| Last Dividend Paid | 0.38 | |||
| Equity Positions Weight | 100.23 % |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Tools for KraneShares Etf
When running KraneShares' price analysis, check to measure KraneShares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KraneShares is operating at the current time. Most of KraneShares' value examination focuses on studying past and present price action to predict the probability of KraneShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KraneShares' price. Additionally, you may evaluate how the addition of KraneShares to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |