KARS Stock Summary and Trading Ideas (Kraneshares Electric Vehicles And Future Mobility Index ETF | ARCA:KARS)

KARS seeks to measure the performance of the Bloomberg Electric Vehicles Index. The Index is designed to track the performance of companies engaged in the production of electric vehicles and/or their components, or engaged in other initiatives that may change the future of mobility. The Index includes issuers engaged in the electric vehicle production, autonomous driving, shared mobility, lithium and/or copper production, lithium-ion/lead acid batteries, hydrogen fuel cell manufacturing and/or electric infrastructure businesses.

Kraneshares Electric Vehicles And Future Mobility Index ETF trades on the ARCA stock market under the symbol KARS.

As of January 17, 2025, KARS stock price climbed to $21.76 with 8,073 million shares trading.

KARS has a market cap of $69.62 million. This is considered a Micro Cap stock.

In the last 3 years, KARS traded as high as $46.93 and as low as $17.54.

KARS has underperformed the market in the last year with a return of -0.1%, while SPY returned +28.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in KARS shares. However, KARS has outperformed the market in the last 3 month and 2 week periods, returning +4.3% and +2.1%, while SPY returned +3.0% and +1.0%, respectively. This indicates KARS has been having a stronger performance recently.

KARS support price is $21.07 and resistance is $21.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KARS shares will trade within this expected range on the day.