GraniteShares 2x Long AAPL Daily ETF Short Interest Update
| AAPB Etf | USD 31.97 1.80 5.33% |
About 62% of GraniteShares ETF's investor base is looking to short. The current sentiment regarding investing in GraniteShares ETF Trust etf implies that many traders are alarmed. The current market sentiment, together with GraniteShares ETF's historical and current headlines, can help investors time the market. In addition, many technical investors use GraniteShares ETF Trust etf news signals to limit their universe of possible portfolio assets.
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GraniteShares 2x Long AAPL Daily ETF was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 19,500 shares, a decline of 31.8 percent from the November 30th total of 28,600 shares. Based on an average daily trading volume, of 86,500
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GraniteShares ETF Fundamental Analysis
We analyze GraniteShares ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GraniteShares ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GraniteShares ETF 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.
One Year Return
One Year Return Comparative Analysis
GraniteShares ETF is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
GraniteShares ETF Trust Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GraniteShares ETF etf to make a market-neutral strategy. Peer analysis of GraniteShares ETF could also be used in its relative valuation, which is a method of valuing GraniteShares ETF by comparing valuation metrics with similar companies.
Peers
GraniteShares ETF Related Equities
| CONL | GraniteShares ETF | 7.17 | ||||
| AMZU | Direxion Daily | 0.67 | ||||
| AAPU | Direxion Shares | 1.41 | ||||
| MSFU | Direxion Daily | 1.62 | ||||
| GGLL | Direxion Daily | 2.01 |
Check out GraniteShares ETF Hype Analysis, GraniteShares ETF Correlation and GraniteShares ETF Performance. For information on how to trade GraniteShares Etf refer to our How to Trade GraniteShares Etf guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of GraniteShares ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares ETF'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 ETF's market value can be influenced by many factors that don't directly affect GraniteShares ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares ETF'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.