Graniteshares 2x Long Etf Profile

TSMU Etf   21.48  0.54  2.45%   

Performance

Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
GraniteShares is selling for under 21.48 as of the 26th of February 2025; that is 2.45 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 21.13. GraniteShares 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 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.

Moving against GraniteShares Etf

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GraniteShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Single Stock ETFs, Trading--Leveraged Equity (View all Sectors)
IssuerGraniteShares
Inception Date2024-11-11
BenchmarkTaiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM)
Entity TypeRegulated Investment Company
Asset Under Management7.95 Million
Asset TypeEquity
CategoryStrategy
FocusSingle Stock
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorALPS Fund Services, Inc.
AdvisorGraniteShares Advisors LLC
CustodianBrown Brothers Harriman & Co.
DistributorALPS Distributors, Inc.
Portfolio ManagerBenoit Autier, Jeff Klearman, Ryan Dofflemeyer
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Jun
ExchangeNASDAQ
Market MakerIMC
Total Expense2.3
Management Fee1.3
Country NameUSA
CodeTSMU
Updated At22nd of February 2025
Returns Y T D(5.9)
NameGraniteShares 2x Long TSM Daily ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01QKK65X0
TypeETF
GraniteShares 2x Long [TSMU] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Strategy ETFs. GraniteShares 2x Long 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.

GraniteShares Against Markets

When determining whether GraniteShares 2x Long is a strong investment it is important to analyze GraniteShares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GraniteShares' future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:
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 population.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.