|KWEB -- USA Etf|| |
USD 44.83 0.36 0.81%
The etf secures Beta (Market Risk) of 1.3813 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, KraneShares Trust will likely underperform. Although it is extremely important to respect KraneShares Trust price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy towards estimating future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing KraneShares Trust technical indicators
you can presently evaluate if the expected return of 0.1334% will be sustainable into the future.
Compared to the overall equity markets, risk-adjusted returns on investments in KraneShares Trust KraneShares C are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days. Despite somewhat uncertain basic indicators, KraneShares Trust may actually be approaching a critical reversion point that can send shares even higher in October 2019.
|Fifty Two Week Low||36.03|
|Fifty Two Week High||50.39|
KraneShares Trust Relative Risk vs. Return Landscape
If you would invest 4,154
in KraneShares Trust KraneShares C on August 16, 2019
and sell it today you would earn a total of 329.00
from holding KraneShares Trust KraneShares C or generate 7.92%
return on investment over 30
days. KraneShares Trust KraneShares C is currently generating 0.1334% of daily expected returns and assumes 1.6988% risk (volatility on return distribution) over the 30 days horizon. In different words, 15% of equities are less volatile than KraneShares Trust and 98% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, KraneShares Trust is expected to generate 1.85 times more return on investment than the market. However, the company is 1.85 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.
KraneShares Trust Market Risk Analysis
Sharpe Ratio = 0.0785
KraneShares Trust Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average KraneShares Trust is performing at about 5% 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 Trust
by adding it to a well-diversified