Kraneshares European Carbon Etf Technical Analysis
| KEUA Etf | USD 22.48 0.20 0.90% |
As of the 5th of January, KraneShares European secures the Downside Deviation of 1.75, risk adjusted performance of 0.0618, and Mean Deviation of 1.68. KraneShares European Carbon technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices.
KraneShares European Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as KraneShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KraneSharesKraneShares |
KraneShares European 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.
KraneShares European Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of KraneShares European volatility. High ATR values indicate high volatility, and low values indicate low volatility.
KraneShares European Trend Analysis
Use this graph to draw trend lines for KraneShares European Carbon. You can use it to identify possible trend reversals for KraneShares European as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual KraneShares European price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.KraneShares European Best Fit Change Line
The following chart estimates an ordinary least squares regression model for KraneShares European Carbon applied against its price change over selected period. The best fit line has a slop of 0 , which means KraneShares European Carbon will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.6, which is the sum of squared deviations for the predicted KraneShares European price change compared to its average price change.About KraneShares European Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of KraneShares European Carbon on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of KraneShares European Carbon based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on KraneShares European price pattern first instead of the macroeconomic environment surrounding KraneShares European. By analyzing KraneShares European's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of KraneShares European's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to KraneShares European specific price patterns or momentum indicators. Please read more on our technical analysis page.
KraneShares European January 5, 2025 Technical Indicators
Most technical analysis of KraneShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for KraneShares from various momentum indicators to cycle indicators. When you analyze KraneShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0618 | |||
| Market Risk Adjusted Performance | 1.87 | |||
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.66 | |||
| Downside Deviation | 1.75 | |||
| Coefficient Of Variation | 1459.02 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.46 | |||
| Information Ratio | 0.058 | |||
| Jensen Alpha | 0.1338 | |||
| Total Risk Alpha | 0.1026 | |||
| Sortino Ratio | 0.07 | |||
| Treynor Ratio | 1.86 | |||
| Maximum Drawdown | 9.23 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.83 | |||
| Downside Variance | 3.05 | |||
| Semi Variance | 2.75 | |||
| Expected Short fall | (2.20) | |||
| Skewness | 0.2567 | |||
| Kurtosis | (0.34) |
KraneShares European One Year Return
Based on the recorded statements, KraneShares European Carbon has an One Year Return of -8.3%. This is 42.08% lower than that of the KraneShares family and significantly lower than that of the Commodities Focused category. The one year return for all United States etfs is notably higher than that of the company.
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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares European Carbon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.