26-Apr-2024
No press releases found.
Asia markets mixed as BOJ holds rates; focus on US PCE inflation data
Seeking Alpha News (Fri, 26-Apr 4:18 AM ET)
Asia markets mixed tracking decline in global markets, investors focus on earnings
Seeking Alpha News (Thu, 25-Apr 3:44 AM ET)
Asia markets rise tracking global markets as strong corporate earnings boost sentiment
Seeking Alpha News (Wed, 24-Apr 3:13 AM ET)
Asia markets mostly rise tracking a tech-led rebound on Wall Street, focus on busy earnings week
Seeking Alpha News (Tue, 23-Apr 4:12 AM ET)
Asian markets mostly higher after China keeps lending rate unchanged
Seeking Alpha News (Mon, 22-Apr 3:03 AM ET)
The KraneShares CSI China Internet ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark.
Kraneshares Trust Kraneshares Csi China Internet ETF trades on the ARCA stock market under the symbol KWEB.
As of April 26, 2024, KWEB stock price climbed to $28.80 with 19,094,810 million shares trading.
KWEB has a beta of 1.11, meaning it tends to be more sensitive to market movements. KWEB has a correlation of 0.19 to the broad based SPY ETF.
KWEB has a market cap of $5.71 billion. This is considered a Mid Cap stock.
In the last 3 years, KWEB stock traded as high as $79.16 and as low as $17.22.
KWEB stock has underperformed the market in the last year with a return of +9.6%, while SPY returned +26.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in KWEB shares. However, KWEB has outperformed the market in the last 3 month and 2 week periods, returning +16.5% and +5.8%, while SPY returned +4.5% and -1.9%, respectively. This indicates KWEB has been having a stronger performance recently.
KWEB support price is $27.56 and resistance is $28.46 (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 KWEB stock will trade within this expected range on the day.