Graniteshares 2x Long Etf Earnings Per Share
| AMZZ Etf | USD 26.70 0.30 1.14% |
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 Earnings Per Share Analysis
GraniteShares' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current GraniteShares Earnings Per Share | (0.89) X |
Most of GraniteShares' fundamental indicators, such as Earnings Per Share, 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.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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According to the company disclosure, GraniteShares 2x Long has an Earnings Per Share of -0.89 times. This is much lower than that of the family and significantly lower than that of the Trading--Leveraged Equity category. The earnings per share 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 | |||
| One Year Return | 2.40 % |
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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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.