Graniteshares 15x Long Etf Profile
| NVDL Etf | USD 64.66 3.15 5.12% |
PerformanceVery Weak
| Odds Of DistressQuite High
|
GraniteShares 15x is selling for 64.66 as of the 17th of February 2025. This is a 5.12 percent increase since the beginning of the trading day. The etf's lowest day price was 61.51. GraniteShares 15x has more than 65 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 18th of January 2025 and ending today, the 17th of February 2025. Click here to learn more.
NovaDel Pharma Inc., a specialty pharmaceutical company, develops oral spray formulations for marketed pharmaceuticals. The company has 134.42 M outstanding shares of which 11.3 K shares are now shorted by private and institutional investors with about 0.02 trading days to cover. More on GraniteShares 15x Long
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GraniteShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Single Stock ETFs, Strategy ETFs, Trading--Leveraged Equity, null, Drug Delivery, Healthcare (View all Sectors) |
| Issuer | GraniteShares |
| Inception Date | 2022-12-13 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.46 Billion |
| 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 | 1.18 |
| Management Fee | 0.99 |
| 200 Day M A | 63.7086 |
| Country Name | USA |
| 50 Day M A | 65.8214 |
| Code | NVDL |
| Updated At | 16th of February 2025 |
| Returns Y T D | (2.61) |
| Name | GraniteShares 1.5x Long NVDA Daily ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01BWDKNF1 |
| Type | ETF |
| 1y Volatility | 92.69 |
GraniteShares 15x Long [NVDL] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity category and is part of null family. The entity is thematically classified as Single Stock ETFs. GraniteShares 15x Long now have in assets. , while the total return for the last year was 118.5%.
GraniteShares 15x Long currently holds about 61 K in cash with (3.28 M) of positive cash flow from operations.
Check GraniteShares 15x Probability Of Bankruptcy
GraniteShares 15x 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 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) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.06) |
GraniteShares 15x Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in GraniteShares 15x Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of GraniteShares 15x 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 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.