GraniteShares Financial Statements From 2010 to 2024
| 3LFB Etf | 92.40 7.41 8.72% |
Check GraniteShares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GraniteShares' main balance sheet or income statement drivers, such as , as well as many indicators such as . GraniteShares financial statements analysis is a perfect complement when working with GraniteShares Valuation or Volatility modules.
GraniteShares |
GraniteShares 3x Long ETF One Year Return Analysis
GraniteShares' One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current GraniteShares One Year Return | 283.70 % |
Most of GraniteShares' fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GraniteShares 3x Long is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, GraniteShares 3x Long has an One Year Return of 283%. This is much higher than that of the family and significantly higher than that of the Trading - Leveraged/Inverse Equity category. The one year return for all United Kingdom etfs is notably lower than that of the firm.
About GraniteShares Financial Statements
GraniteShares shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although GraniteShares investors may analyze each financial statement separately, they are all interrelated. The changes in GraniteShares' assets and liabilities, for example, are also reflected in the revenues and expenses on on GraniteShares' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
GraniteShares is entity of United Kingdom. It is traded as Etf on LSE exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in GraniteShares Etf
GraniteShares financial ratios help investors to determine whether GraniteShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GraniteShares with respect to the benefits of owning GraniteShares security.