KraneShares European Net Asset vs. One Year Return
| KEUA Etf | USD 23.49 0.29 1.22% |
For KraneShares European profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KraneShares European to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KraneShares European Carbon utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KraneShares European's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KraneShares European Carbon over time as well as its relative position and ranking within its peers.
KraneShares |
The market value of KraneShares European 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 European's value that differs from its market value or its book value, called intrinsic value, which is KraneShares European'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 European's market value can be influenced by many factors that don't directly affect KraneShares European'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 European's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares European is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares European'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.
KraneShares European One Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining KraneShares European's current stock value. Our valuation model uses many indicators to compare KraneShares European value to that of its competitors to determine the firm's financial worth. KraneShares European Carbon is rated fourth overall ETF in net asset as compared to similar ETFs. It is rated second overall ETF in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for KraneShares European Carbon is about 839,896 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the KraneShares European's earnings, one of the primary drivers of an investment's value.KraneShares One Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
KraneShares European |
| = | 16.21 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
KraneShares European |
| = | 19.30 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
KraneShares One Year Return Comparison
KraneShares European is currently under evaluation in one year return as compared to similar ETFs.
KraneShares European Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in KraneShares European, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KraneShares European will eventually generate negative long term returns. The profitability progress is the general direction of KraneShares European's change in net profit over the period of time. It can combine multiple indicators of KraneShares European, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The index is designed to measure the performance of a portfolio of futures contracts on carbon credits issued under the European Union Emissions Trading System cap and trade regime. Kraneshares European is traded on New York Stock Exchange in the United States.
KraneShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on KraneShares European. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of KraneShares European position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the KraneShares European's important profitability drivers and their relationship over time.
Use KraneShares European in pair-trading
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 European 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 European will appreciate offsetting losses from the drop in the long position's value.KraneShares European Pair Trading
KraneShares European Carbon Pair Trading Analysis
The ability to find closely correlated positions to KraneShares European 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 European 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 European - 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 European Carbon to buy it.
The correlation of KraneShares European 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 European moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KraneShares European 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 European 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.Use Investing Themes to Complement your KraneShares European position
In addition to having KraneShares European in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Heavy Metals Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project KraneShares European's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KraneShares European at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include KraneShares European's income statement, its balance sheet, and the statement of cash flows.