Graniteshares 2x Long Etf Fundamentals
| AMZZ Etf | USD 31.86 1.12 3.40% |
GraniteShares 2x Long fundamentals help investors to digest information that contributes to GraniteShares' financial success or failures. It also enables traders to predict the movement of GraniteShares Etf. The fundamental analysis module provides a way to measure GraniteShares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to GraniteShares etf.
GraniteShares |
GraniteShares 2x Long ETF Return On Asset Analysis
GraniteShares' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current GraniteShares Return On Asset | -298.27 |
Most of GraniteShares' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GraniteShares 2x Long is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, GraniteShares 2x Long has a Return On Asset of -298.27. This is much lower than that of the family and significantly lower than that of the Trading--Leveraged Equity category. The return on asset for all United States etfs is notably higher than that of the company.
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GraniteShares Fundamentals
| Return On Asset | -298.27 | |||
| Current Valuation | 583.46 K | |||
| Shares Outstanding | 616 M | |||
| Net Income | (1.13 M) | |||
| Cash And Equivalents | 27.88 K | |||
| Total Debt | 549.75 K | |||
| Current Ratio | 0.04 X | |||
| Cash Flow From Operations | (843.09 K) | |||
| Earnings Per Share | (0.89) X | |||
| Total Asset | 30 K | |||
| Retained Earnings | (1.47 M) | |||
| Working Capital | (691 K) | |||
| Current Asset | 28 K | |||
| Current Liabilities | 719 K |
About GraniteShares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GraniteShares 2x Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GraniteShares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GraniteShares 2x Long based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Amazonica, Corporation, doing business as EuroAmerican Hydrogen Corporation, develops technologies related to the manufacture, and research and development related to the production of pure hydrogen in Canada.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether GraniteShares 2x Long is a strong investment it is important to analyze GraniteShares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GraniteShares' future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:Check out GraniteShares Piotroski F Score and GraniteShares Altman Z Score analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of GraniteShares 2x 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' value that differs from its market value or its book value, called intrinsic value, which is GraniteShares' 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' market value can be influenced by many factors that don't directly affect GraniteShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares' 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.