GraniteShares Bloomberg Financials
| COMB Etf | USD 20.26 0.10 0.50% |
Net Expense Ratio 0.0025 | 3 y Sharp Ratio (0.08) |
GraniteShares |
The data published in GraniteShares Bloomberg's official financial statements typically reflect GraniteShares Bloomberg's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving GraniteShares Bloomberg's quantitative information. For example, before you start analyzing numbers published by GraniteShares accountants, it's essential to understand GraniteShares Bloomberg's liquidity, profitability, and earnings quality within the context of the Graniteshares space in which it operates.
Please note, the presentation of GraniteShares Bloomberg's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, GraniteShares Bloomberg's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of GraniteShares Bloomberg's management manipulating its earnings.
GraniteShares Bloomberg Etf Summary
GraniteShares Bloomberg competes with Abrdn Bloomberg, IShares Bloomberg, Abrdn Bloomberg, Direxion Auspice, and IShares GSCI. The fund is an actively managed ETF that seeks to provide long-term capital appreciation, primarily through exposure to commodity futures markets. Commodity Broad is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US38747R1086 |
| CUSIP | 38747R108 |
| Region | Global |
| Investment Issuer | GraniteShares |
| Etf Family | Graniteshares |
| Fund Category | Broad Commodities |
| Portfolio Concentration | Broad Commodities |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
GraniteShares Bloomberg Key Financial Ratios
GraniteShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GraniteShares Bloomberg's current stock value. Our valuation model uses many indicators to compare GraniteShares Bloomberg value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GraniteShares Bloomberg competition to find correlations between indicators driving GraniteShares Bloomberg's intrinsic value. More Info.GraniteShares Bloomberg Commodity is second largest ETF in beta as compared to similar ETFs. It is fifth largest ETF in one year return as compared to similar ETFs reporting about 0.70 of One Year Return per Beta. The ratio of Beta to One Year Return for GraniteShares Bloomberg Commodity is roughly 1.43 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GraniteShares Bloomberg's earnings, one of the primary drivers of an investment's value.GraniteShares Bloomberg Systematic Risk
GraniteShares Bloomberg's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GraniteShares Bloomberg volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on GraniteShares Bloomberg correlated with the market. If Beta is less than 0 GraniteShares Bloomberg generally moves in the opposite direction as compared to the market. If GraniteShares Bloomberg Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GraniteShares Bloomberg is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GraniteShares Bloomberg is generally in the same direction as the market. If Beta > 1 GraniteShares Bloomberg moves generally in the same direction as, but more than the movement of the benchmark.
About GraniteShares Bloomberg Financials
What exactly are GraniteShares Bloomberg Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include GraniteShares Bloomberg's income statement, its balance sheet, and the statement of cash flows. Potential GraniteShares Bloomberg investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although GraniteShares Bloomberg investors may use each financial statement separately, they are all related. The changes in GraniteShares Bloomberg's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GraniteShares Bloomberg's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.GraniteShares Bloomberg Thematic Clasifications
GraniteShares Bloomberg Commodity is part of Broad Commodities ETFs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA ETFs from Broad Commodities clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Broad Commodities clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Broad Commodities ETFs | View |
GraniteShares Bloomberg November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of GraniteShares Bloomberg help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GraniteShares Bloomberg Commodity. We use our internally-developed statistical techniques to arrive at the intrinsic value of GraniteShares Bloomberg Commodity based on widely used predictive technical indicators. In general, we focus on analyzing GraniteShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GraniteShares Bloomberg's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8411 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.38 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares Bloomberg Commodity. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of GraniteShares Bloomberg 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect GraniteShares Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares Bloomberg'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.