Graniteshares 15x Short Etf Profile
| NVD Etf | 23.75 1.26 5.04% |
PerformanceWeak
| Odds Of DistressLow
|
GraniteShares 15x is trading at 23.75 as of the 17th of February 2025, a 5.04 percent decrease since the beginning of the trading day. The etf's lowest day price was 23.59. GraniteShares 15x has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 28th of February 2023 and ending today, the 17th of February 2025. Click here to learn more.
GraniteShares 15x is entity of United States. It is traded as Etf on NASDAQ exchange. More on GraniteShares 15x Short
Moving against GraniteShares Etf
GraniteShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Stock Exchange Of, Single Stock ETFs, Strategy ETFs, Trading--Inverse Equity (View all Sectors) |
| Issuer | GraniteShares |
| Inception Date | 2023-08-21 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 152.42 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 | 1.74 |
| Management Fee | 1.3 |
| 200 Day M A | 48.0707 |
| Country Name | USA |
| 50 Day M A | 29.3638 |
| Code | NVD |
| Updated At | 16th of February 2025 |
| Returns Y T D | (20.97) |
| Name | GraniteShares 1.5x Short NVDA Daily ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01HX7YVX7 |
| Type | ETF |
| 1y Volatility | 61.59 |
GraniteShares 15x Short [NVD] is traded in USA and was established null. The fund is classified under Trading--Inverse Equity. The entity is thematically classified as Single Stock ETFs. GraniteShares 15x Short now have in assets. , while the total return for the last year was -88.4%.
Check GraniteShares 15x Probability Of Bankruptcy
GraniteShares 15x Short 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 15x. 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 | 0.0202 | |||
| Jensen Alpha | 0.1025 | |||
| Total Risk Alpha | 0.0894 | |||
| Sortino Ratio | 0.0157 |
GraniteShares 15x Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in GraniteShares 15x Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of GraniteShares 15x Short 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 15x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 15x'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 15x's market value can be influenced by many factors that don't directly affect GraniteShares 15x'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 15x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 15x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 15x'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.