Kraneshares Csi China Etf Price on March 20, 2024
| KWEB Etf | USD 30.67 0.50 1.66% |
Below is the normalized historical share price chart for KraneShares CSI China extending back to August 01, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of KraneShares CSI stands at 30.67, as last reported on the 4th of May, with the highest price reaching 30.68 and the lowest price hitting 30.12 during the day.
If you're considering investing in KraneShares Etf, it is important to understand the factors that can impact its price. KraneShares CSI appears to be very steady, given 3 months investment horizon. KraneShares CSI China has Sharpe Ratio of 0.2, which conveys that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for KraneShares CSI, which you can use to evaluate the volatility of the etf. Please exercise KraneShares CSI's Mean Deviation of 1.62, risk adjusted performance of 0.1273, and Downside Deviation of 1.87 to check out if our risk estimates are consistent with your expectations.
KraneShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 45.11 | 200 Day MA 26.8795 | 1 y Volatility 33.17 | 50 Day MA 26.4774 | Inception Date 2013-07-31 |
KraneShares |
Sharpe Ratio = 0.2022
| Best Portfolio | Best Equity | |||
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| Small Returns | KWEB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average KraneShares CSI is performing at about 15% 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 CSI by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 36.5 K |
Related Headline
IShares China Headline on 20th of March 2024
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KraneShares CSI Valuation on March 20, 2024
It is possible to determine the worth of KraneShares CSI on a given historical date. On March 20, 2024 KraneShares was worth 26.96 at the beginning of the trading date compared to the closed value of 27.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KraneShares CSI etf. Still, in general, we apply an absolute valuation method to find KraneShares CSI's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of KraneShares CSI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KraneShares CSI's related companies.
| Open | High | Low | Close | Volume | |
| 26.36 | 26.57 | 26.15 | 26.44 | 18,076,398 | |
03/20/2024 | 26.96 | 27.19 | 26.67 | 27.04 | 26,689,389 |
| 27.03 | 27.08 | 26.59 | 26.59 | 19,644,154 |
| Backtest KraneShares CSI | | | KraneShares CSI History | | | KraneShares CSI Valuation | Previous | Next |
KraneShares CSI Trading Date Momentum on March 20, 2024
| On March 21 2024 KraneShares CSI China was traded for 26.59 at the closing time. The top price for the day was 27.08 and the lowest listed price was 26.59 . The trading volume for the day was 19.6 M. The trading history from March 21, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.66% . The trading delta at closing time against the current closing price is 1.26% . |
KraneShares CSI China Fundamentals Correlations and Trends
By evaluating KraneShares CSI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among KraneShares CSI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KraneShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About KraneShares CSI Etf history
KraneShares CSI investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for KraneShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in KraneShares CSI China will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing KraneShares CSI stock prices may prove useful in developing a viable investing in KraneShares CSI
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. KS Trust is traded on NYSEARCA Exchange in the United States.
KraneShares CSI Etf Technical Analysis
KraneShares CSI 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.
Price Boundaries
KraneShares CSI Period Price Range
Low | March 20, 2024
| High |
26.96 | 27.04 |
KraneShares CSI May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how KraneShares CSI etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KraneShares CSI shares will generate the highest return on investment. By undertsting and applying KraneShares CSI etf market strength indicators, traders can identify KraneShares CSI China entry and exit signals to maximize returns
| Accumulation Distribution | 510426.0 | |||
| Daily Balance Of Power | 0.1538 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 26.93 | |||
| Day Typical Price | 26.97 | |||
| Price Action Indicator | 0.15 | |||
| Period Momentum Indicator | 3.63 |
KraneShares CSI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KraneShares CSI's price direction in advance. Along with the technical and fundamental analysis of KraneShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of KraneShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1273 | |||
| Jensen Alpha | 0.3965 | |||
| Total Risk Alpha | 0.1661 | |||
| Sortino Ratio | 0.1807 | |||
| Treynor Ratio | 2.61 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares CSI China. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the KraneShares CSI China information on this page should be used as a complementary analysis to other KraneShares CSI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of KraneShares CSI 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 CSI's value that differs from its market value or its book value, called intrinsic value, which is KraneShares CSI'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 CSI's market value can be influenced by many factors that don't directly affect KraneShares CSI'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 CSI's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares CSI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares CSI'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.