Graniteshares 175x Long Etf Performance
| TSLR Etf | 21.16 1.53 7.79% |
The etf retains a Market Volatility (i.e., Beta) of 1.6, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GraniteShares 175x will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days GraniteShares 175x Long has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Etf's essential indicators remain relatively invariable which may send shares a bit higher in April 2025. The latest agitation may also be a sign of long-running up-swing for the ETF retail investors. ...more
1 | November Turns Out to Be the Best Month 5 Top Leveraged ETFs - Nasdaq | 12/03/2024 |
2 | Investment Analysis and Advice - Stock Traders Daily | 12/20/2024 |
GraniteShares |
GraniteShares 175x Relative Risk vs. Return Landscape
If you would invest 3,530 in GraniteShares 175x Long on December 2, 2024 and sell it today you would lose (1,414) from holding GraniteShares 175x Long or give up 40.06% of portfolio value over 90 days. GraniteShares 175x Long is currently does not generate positive expected returns and assumes 7.6118% risk (volatility on return distribution) over the 90 days horizon. In different words, 67% of etfs are less volatile than GraniteShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
GraniteShares 175x Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares 175x's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares 175x Long, and traders can use it to determine the average amount a GraniteShares 175x'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 = -0.0724
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TSLR |
Estimated Market Risk
| 7.61 actual daily | 67 67% of assets are less volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GraniteShares 175x 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 GraniteShares 175x by adding GraniteShares 175x to a well-diversified portfolio.
About GraniteShares 175x Performance
Assessing GraniteShares 175x's fundamental ratios provides investors with valuable insights into GraniteShares 175x's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the GraniteShares 175x 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 175x is entity of United States. It is traded as Etf on NASDAQ exchange.| GraniteShares 175x generated a negative expected return over the last 90 days | |
| GraniteShares 175x has high historical volatility and very poor performance |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in GraniteShares 175x Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of GraniteShares 175x Long 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 175x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 175x'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 175x's market value can be influenced by many factors that don't directly affect GraniteShares 175x'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 175x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 175x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 175x'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.