GraniteShares FAANG (UK) Performance
| FANE Etf | 51.42 0.27 0.52% |
The etf retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GraniteShares FAANG's returns are expected to increase less than the market. However, during the bear market, the loss of holding GraniteShares FAANG is expected to be smaller as well.
Risk-Adjusted Performance
25 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in GraniteShares FAANG ETC are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, GraniteShares FAANG unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.65 |
GraniteShares |
GraniteShares FAANG Relative Risk vs. Return Landscape
If you would invest 4,179 in GraniteShares FAANG ETC on September 23, 2024 and sell it today you would earn a total of 963.00 from holding GraniteShares FAANG ETC or generate 23.04% return on investment over 90 days. GraniteShares FAANG ETC is generating 0.3195% of daily returns and assumes 0.9863% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than GraniteShares, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GraniteShares FAANG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares FAANG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares FAANG ETC, and traders can use it to determine the average amount a GraniteShares FAANG's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3239
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average GraniteShares FAANG is performing at about 25% of its full potential. 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 GraniteShares FAANG by adding it to a well-diversified portfolio.
GraniteShares FAANG Fundamentals Growth
GraniteShares Etf prices reflect investors' perceptions of the future prospects and financial health of GraniteShares FAANG, and GraniteShares FAANG fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on GraniteShares Etf performance.
About GraniteShares FAANG Performance
Assessing GraniteShares FAANG's fundamental ratios provides investors with valuable insights into GraniteShares FAANG's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the GraniteShares FAANG is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
GraniteShares FAANG is entity of United Kingdom. It is traded as Etf on LSE exchange.