Graniteshares 2x Long Etf Profile
| SMCL Etf | 16.58 3.08 15.67% |
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GraniteShares is selling for 16.58 as of the 14th of March 2025. This is a 15.67 percent decrease since the beginning of the trading day. The etf's lowest day price was 16.4. GraniteShares has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. The performance scores are derived for the period starting the 14th of December 2024 and ending today, the 14th of March 2025. Click here to learn more.
GraniteShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Single Stock ETFs (View all Sectors) |
| Issuer | GraniteShares |
| Inception Date | 2024-12-12 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 33.98 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, Ryan Dofflemeyer |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 30-Jun |
| Exchange | NASDAQ |
| Market Maker | IMC |
| Total Expense | 2.3 |
| Management Fee | 1.3 |
| Country Name | USA |
| Code | SMCL |
| Name | GraniteShares 2x Long SMCI Daily ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01QN51BC5 |
| Type | ETF |
GraniteShares 2x Long [SMCL] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund at this time have in assets.
Check GraniteShares Probability Of Bankruptcy
GraniteShares 2x 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. 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 | 0.0443 | |||
| Jensen Alpha | 0.7524 | |||
| Total Risk Alpha | 2.73 | |||
| Sortino Ratio | 0.0566 |
GraniteShares Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in GraniteShares 2x 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 main economic indicators. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of GraniteShares 2x 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' value that differs from its market value or its book value, called intrinsic value, which is GraniteShares' 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' market value can be influenced by many factors that don't directly affect GraniteShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares' 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.