Graniteshares 175x Long Etf Profile
BABX Etf | 17.38 0.30 1.76% |
Performance3 of 100
| Odds Of DistressLess than 9
|
GraniteShares 175x is trading at 17.38 as of the 30th of November 2024; that is 1.76 percent increase since the beginning of the trading day. The etf's open price was 17.08. GraniteShares 175x has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for GraniteShares 175x Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
GraniteShares 175x is entity of United States. It is traded as Etf on NASDAQ exchange. More on GraniteShares 175x Long
Moving against GraniteShares Etf
GraniteShares Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Single Stock ETFs, Strategy ETFs, Trading--Leveraged Equity (View all Sectors) |
Issuer | GraniteShares |
Inception Date | 2022-12-13 |
Entity Type | Regulated Investment Company |
Asset Under Management | 33.79 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Single Stock |
Market Concentration | Developed Markets |
Region | North America |
Administrator | ALPS Fund Services, Inc. |
Advisor | GraniteShares Advisors LLC |
Custodian | Brown Brothers Harriman & Co. |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | Benoit Autier, Jeff Klearman |
Transfer Agent | Brown Brothers Harriman & Co. |
Fiscal Year End | 30-Jun |
Exchange | NASDAQ |
Market Maker | IMC |
Total Expense | 3.6 |
Management Fee | 0.99 |
200 Day M A | 16.9465 |
Country Name | USA |
50 Day M A | 22.831 |
Code | BABX |
Updated At | 30th of November 2024 |
Returns Y T D | 7.39 |
Name | GraniteShares 1.75x Long BABA Daily ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01BWDFNB1 |
Type | ETF |
1y Volatility | 71.81 |
GraniteShares 175x Long [BABX] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Single Stock ETFs. GraniteShares 175x Long currently have in assets under management (AUM). , while the total return for the last year was 10.5%.
Check GraniteShares 175x Probability Of Bankruptcy
GraniteShares 175x Long Risk Profiles
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 GraniteShares 175x. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0532 | |||
Jensen Alpha | 0.2106 | |||
Total Risk Alpha | (0.62) | |||
Sortino Ratio | 0.0381 |
GraniteShares 175x Against Markets
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The market value of GraniteShares 175x Long is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares 175x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 175x'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 GraniteShares 175x's market value can be influenced by many factors that don't directly affect GraniteShares 175x'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 GraniteShares 175x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 175x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 175x'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.