Kraneshares Electric Vehicles Etf Profile

KARS Etf  USD 22.30  0.03  0.13%   

Performance

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Odds Of Distress

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KraneShares Electric is selling for under 22.30 as of the 28th of March 2024; that is 0.13% increase since the beginning of the trading day. The etf's lowest day price was 22.01. KraneShares Electric has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for KraneShares Electric Vehicles are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
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 Electric is traded on NYSEARCA Exchange in the United States. More on KraneShares Electric Vehicles

Moving against KraneShares Etf

  0.71CAPD Barclays CapitalPairCorr
  0.51QLTY GMO US QualityPairCorr
  0.5PULS PGIM Ultra ShortPairCorr
  0.46BUFF Innovator LadderedPairCorr

KraneShares Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. KraneShares Electric's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding KraneShares Electric or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationLarge Cap ETFs, Size And Style ETFs, Industrials, KraneShares (View all Sectors)
IssuerKraneShares
Inception Date2018-01-18
BenchmarkBloomberg Electric Vehicles Index
Entity TypeRegulated Investment Company
Asset Under Management105.6 Million
Average Trading Valume31,010.5
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationBlended Development
RegionGlobal
AdministratorSEI Investments Global Funds Services
AdvisorKrane Funds Advisors, LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMark Schlarbaum
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Jul
ExchangeNYSE Arca, Inc.
Number of Constituents65.0
Market MakerGTS
Total Expense0.7
Management Fee0.68
Country NameUSA
Returns Y T D(13.23)
NameKraneShares Electric Vehicles and Future Mobility Index
Currency CodeUSD
Open FigiBBG00JRVTQX5
In Threey Volatility29.99
1y Volatility34.57
200 Day M A26.4726
50 Day M A21.9604
CodeKARS
Updated At27th of March 2024
Currency NameUS Dollar
KraneShares Electric Vehicles [KARS] is traded in USA and was established 2018-01-18. The fund is listed under Industrials category and is part of KraneShares family. The entity is thematically classified as Large Cap ETFs. KraneShares Electric now have 214.5 M in assets. , while the total return for the last 3 years was -14.8%.
Check KraneShares Electric Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on KraneShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding KraneShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as KraneShares Electric Vehicles Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

KraneShares Electric Currency Exposure

KraneShares Electric Vehicles holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of KraneShares Electric will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in KraneShares Electric Vehicles.

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KraneShares Electric Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of KraneShares Electric jumping above the current price in 90 days from now is about 59.23%. The KraneShares Electric Vehicles probability density function shows the probability of KraneShares Electric etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days KraneShares Electric has a beta of 0.2046. This indicates as returns on the market go up, KraneShares Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KraneShares Electric Vehicles will be expected to be much smaller as well. Additionally, kraneShares Electric Vehicles has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 22.3HorizonTargetOdds Above 22.3
40.56%90 days
 22.30 
59.23%
Based on a normal probability distribution, the odds of KraneShares Electric to move above the current price in 90 days from now is about 59.23 (This KraneShares Electric Vehicles probability density function shows the probability of KraneShares Etf to fall within a particular range of prices over 90 days) .

KraneShares Electric Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. KraneShares Electric market risk premium is the additional return an investor will receive from holding KraneShares Electric long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in KraneShares Electric. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although KraneShares Electric's alpha and beta are two of the key measurements used to evaluate KraneShares Electric's performance over the market, the standard measures of volatility play an important role as well.

KraneShares Electric Against Markets

Picking the right benchmark for KraneShares Electric etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in KraneShares Electric etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for KraneShares Electric is critical whether you are bullish or bearish towards KraneShares Electric Vehicles at a given time. Please also check how KraneShares Electric's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in KraneShares Electric without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy KraneShares Etf?

Before investing in KraneShares Electric, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in KraneShares Electric. To buy KraneShares Electric etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of KraneShares Electric. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase KraneShares Electric etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located KraneShares Electric Vehicles etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased KraneShares Electric Vehicles etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as KraneShares Electric Vehicles, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy KraneShares Etf please use our How to Invest in KraneShares Electric guide.

Already Invested in KraneShares Electric Vehicles?

The danger of trading KraneShares Electric Vehicles is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of KraneShares Electric is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than KraneShares Electric. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile KraneShares Electric is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether KraneShares Electric is a strong investment it is important to analyze KraneShares Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KraneShares Electric's future performance. For an informed investment choice regarding KraneShares Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares Electric Vehicles. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running KraneShares Electric's price analysis, check to measure KraneShares Electric's 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 Electric is operating at the current time. Most of KraneShares Electric's value examination focuses on studying past and present price action to predict the probability of KraneShares Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KraneShares Electric's price. Additionally, you may evaluate how the addition of KraneShares Electric to your portfolios can decrease your overall portfolio volatility.
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The market value of KraneShares Electric 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 Electric's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Electric'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 Electric's market value can be influenced by many factors that don't directly affect KraneShares Electric'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 Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Electric'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.