Granite 3x (France) Price on August 23, 2024
| 3LLV Etf | 1.58 0.05 3.27% |
If you're considering investing in Granite Etf, it is important to understand the factors that can impact its price. As of today, the current price of Granite 3x stands at 1.58, as last reported on the 29th of November, with the highest price reaching 1.58 and the lowest price hitting 1.51 during the day. Granite 3x LVMH holds Efficiency (Sharpe) Ratio of -0.0867, which attests that the entity had a -0.0867% return per unit of standard deviation over the last 3 months. Granite 3x LVMH exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Granite 3x's market risk adjusted performance of 0.7104, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
Granite Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Granite |
Sharpe Ratio = -0.0867
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| Negative Returns | 3LLV |
Estimated Market Risk
| 7.59 actual daily | 67 67% of assets are less volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Granite 3x is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Granite 3x by adding Granite 3x to a well-diversified portfolio.
Granite 3x Valuation on August 23, 2024
It is possible to determine the worth of Granite 3x on a given historical date. On August 23, 2024 Granite was worth 2.78 at the beginning of the trading date compared to the closed value of 2.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Granite 3x etf. Still, in general, we apply an absolute valuation method to find Granite 3x's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Granite 3x where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Granite 3x's related companies.
| Open | High | Low | Close | Volume | |
| 2.80 | 2.80 | 2.78 | 2.78 | 630.00 | |
08/23/2024 | 2.78 | 2.80 | 2.72 | 2.80 | 6,102 |
| 2.85 | 2.85 | 2.82 | 2.82 | 100.00 |
| Backtest Granite 3x | | | Granite 3x History | Previous | Next |
Granite 3x Trading Date Momentum on August 23, 2024
| On August 26 2024 Granite 3x LVMH was traded for 2.82 at the closing time. The highest price during the trading period was 2.85 and the lowest recorded bid was listed for 2.82 . The volume for the day was 100.0. This history from August 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.71% . The overall trading delta to the current price is 6.79% . |
Price Boundaries
Granite 3x Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Granite 3x LVMH cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Granite 3x November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Granite 3x etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Granite 3x shares will generate the highest return on investment. By undertsting and applying Granite 3x etf market strength indicators, traders can identify Granite 3x LVMH entry and exit signals to maximize returns
Granite 3x Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Granite 3x's price direction in advance. Along with the technical and fundamental analysis of Granite Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Granite to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.