Graniteshares 2x Long Etf Current Valuation
| AMZZ Etf | USD 26.70 0.30 1.14% |
Valuation analysis of GraniteShares 2x Long helps investors to measure GraniteShares' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that GraniteShares' price fluctuation is not too volatile at this time. Calculation of the real value of GraniteShares 2x Long is based on 3 months time horizon. Increasing GraniteShares' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since GraniteShares is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GraniteShares Etf. However, GraniteShares' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 26.7 | Real 26.04 | Hype 26.7 | Naive 27.73 |
The intrinsic value of GraniteShares' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence GraniteShares' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of GraniteShares 2x Long helps investors to forecast how GraniteShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of GraniteShares more accurately as focusing exclusively on GraniteShares' fundamentals will not take into account other important factors: GraniteShares 2x Long ETF Current Valuation Analysis
GraniteShares' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current GraniteShares Current Valuation | 583.46 K |
Most of GraniteShares' fundamental indicators, such as Current Valuation, 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.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, GraniteShares 2x Long has a Current Valuation of 583.46 K. This is much higher than that of the family and significantly higher than that of the Trading--Leveraged Equity category. The current valuation for all United States etfs is notably lower than that of the firm.
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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 | |||
| One Year Return | 1.40 % |
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.
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Check out GraniteShares Piotroski F Score and GraniteShares Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.