Kraneshares Msci All Etf Profile
| KURE Etf | USD 13.99 0.13 0.94% |
Performance0 of 100
| Odds Of DistressLess than 9
|
KraneShares MSCI is trading at 13.99 as of the 18th of April 2024, a 0.94 percent up since the beginning of the trading day. The etf's lowest day price was 13.98. KraneShares MSCI 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 MSCI All are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 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 MSCI is traded on NYSEARCA Exchange in the United States. More on KraneShares MSCI All
Moving against KraneShares Etf
| 0.46 | XOP | SPDR SP Oil | PairCorr |
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 MSCI's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding KraneShares MSCI 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 Concentration | Health Care ETFs, Sector ETFs, China Region, KraneShares (View all Sectors) |
| Issuer | KraneShares |
| Inception Date | 2018-01-31 |
| Benchmark | MSCI China All Shares Health Care 10/40 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 44.51 Million |
| Average Trading Valume | 8,792.3 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Health Care |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Krane Funds Advisors, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Mark Schlarbaum |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 83.0 |
| Market Maker | GTS |
| Total Expense | 0.79 |
| Management Fee | 0.78 |
| Country Name | USA |
| Returns Y T D | (20.78) |
| Name | KraneShares MSCI All China Health Care Index ETF |
| Currency Code | USD |
| Open Figi | BBG00JXJX9K2 |
| In Threey Volatility | 28.47 |
| 1y Volatility | 27.57 |
| 200 Day M A | 16.8718 |
| 50 Day M A | 14.9807 |
| Code | KURE |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
KraneShares MSCI All [KURE] is traded in USA and was established 2018-01-31. The fund is listed under China Region category and is part of KraneShares family. The entity is thematically classified as Health Care ETFs. KraneShares MSCI All now have 89.1 M in assets. , while the total return for the last 3 years was -25.4%.
Check KraneShares MSCI 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 MSCI All 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 MSCI All Currency Exposure
KraneShares MSCI All 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 MSCI 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 MSCI All.
Top KraneShares MSCI All Etf Constituents
| 688180 | Shanghai Junshi Biosciences | Stock | Health Care |
| 300760 | Shenzhen Mindray Bio Medical | Stock | Health Care |
| LEGN | Legend BiotechCorp | Stock | Health Care |
| 000963 | Huadong Medicine Co | Stock | Health Care |
| 600079 | Humanwell Healthcare Group | Stock | Health Care |
| 603882 | Guangzhou Kingmed Diagnostics | Stock | Health Care |
| 002044 | Meinian Onehealth Healthcare | Stock | Health Care |
KraneShares MSCI Target Price Odds Analysis
What are KraneShares MSCI's target price odds to finish over the current price? Based on a normal probability distribution, the odds of KraneShares MSCI jumping above the current price in 90 days from now is under 95%. The KraneShares MSCI All probability density function shows the probability of KraneShares MSCI etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days KraneShares MSCI has a beta of 0.7651. This indicates as returns on the market go up, KraneShares MSCI average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KraneShares MSCI All will be expected to be much smaller as well. Additionally, kraneShares MSCI All has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of KraneShares MSCI to move above the current price in 90 days from now is under 95 (This KraneShares MSCI All probability density function shows the probability of KraneShares Etf to fall within a particular range of prices over 90 days) .
KraneShares MSCI All Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. KraneShares MSCI market risk premium is the additional return an investor will receive from holding KraneShares MSCI 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 MSCI. 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 MSCI's alpha and beta are two of the key measurements used to evaluate KraneShares MSCI's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.30) |
KraneShares MSCI Against Markets
Picking the right benchmark for KraneShares MSCI 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 MSCI 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 MSCI is critical whether you are bullish or bearish towards KraneShares MSCI All at a given time. Please also check how KraneShares MSCI's historical prices are related to one of the top price index indicators.
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How to buy KraneShares Etf?
Before investing in KraneShares MSCI, 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 MSCI. To buy KraneShares MSCI etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of KraneShares MSCI. 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 MSCI etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located KraneShares MSCI All 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 MSCI All 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 MSCI All, 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 MSCI guide.
Already Invested in KraneShares MSCI All?
The danger of trading KraneShares MSCI All 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 MSCI 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 MSCI. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile KraneShares MSCI All 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 MSCI All is a strong investment it is important to analyze KraneShares MSCI'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 MSCI'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 MSCI All. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of KraneShares MSCI All 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is KraneShares MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect KraneShares MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares MSCI'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.