GraniteShares FAANG Financials
| FANE Etf | 51.42 0.27 0.52% |
3 y Sharp Ratio 0.65 |
GraniteShares |
The data published in GraniteShares FAANG's official financial statements typically reflect GraniteShares FAANG'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 FAANG's quantitative information. For example, before you start analyzing numbers published by GraniteShares accountants, it's essential to understand GraniteShares FAANG's liquidity, profitability, and earnings quality within the context of the Trading - Leveraged/Inverse Equity space in which it operates.
Please note, the imprecision that can be found in GraniteShares FAANG's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of GraniteShares FAANG ETC. Check GraniteShares FAANG's Beneish M Score to see the likelihood of GraniteShares FAANG's management manipulating its earnings.
GraniteShares FAANG Etf Summary
GraniteShares FAANG competes with Vanguard FTSE, Leverage Shares, Amundi Index, Amundi Index, and Albion Venture. GraniteShares FAANG is entity of United Kingdom. It is traded as Etf on LSE exchange.GraniteShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GraniteShares FAANG's current stock value. Our valuation model uses many indicators to compare GraniteShares FAANG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GraniteShares FAANG competition to find correlations between indicators driving GraniteShares FAANG's intrinsic value. More Info.GraniteShares FAANG ETC is rated # 2 ETF in one year return as compared to similar ETFs. It is one of the top ETFs in three year return as compared to similar ETFs reporting about 1.92 of Three Year Return per One Year Return. 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 FAANG's earnings, one of the primary drivers of an investment's value.GraniteShares FAANG ETC Systematic Risk
GraniteShares FAANG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GraniteShares FAANG 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on GraniteShares FAANG ETC correlated with the market. If Beta is less than 0 GraniteShares FAANG generally moves in the opposite direction as compared to the market. If GraniteShares FAANG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GraniteShares FAANG ETC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GraniteShares FAANG is generally in the same direction as the market. If Beta > 1 GraniteShares FAANG moves generally in the same direction as, but more than the movement of the benchmark.
GraniteShares FAANG December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of GraniteShares FAANG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GraniteShares FAANG ETC. We use our internally-developed statistical techniques to arrive at the intrinsic value of GraniteShares FAANG ETC 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 FAANG's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8243 | |||
| Information Ratio | 0.3054 | |||
| Maximum Drawdown | 5.21 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 2.04 |
Other Information on Investing in GraniteShares Etf
GraniteShares FAANG 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 FAANG security.