GraniteShares (UK) Performance

3SVP Etf   578.38  52.50  8.32%   
The etf retains a Market Volatility (i.e., Beta) of -2.22, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning GraniteShares are expected to decrease by larger amounts. On the other hand, during market turmoil, GraniteShares is expected to outperform it.

Risk-Adjusted Performance

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Over the last 90 days GraniteShares 3x Short has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Etf's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
In Threey Sharp Ratio0.66
  

GraniteShares Relative Risk vs. Return Landscape

If you would invest  191,650  in GraniteShares 3x Short on September 6, 2024 and sell it today you would lose (133,812) from holding GraniteShares 3x Short or give up 69.82% of portfolio value over 90 days. GraniteShares 3x Short is generating negative expected returns and assumes 7.4599% volatility on return distribution over the 90 days horizon. Simply put, 66% of etfs are less volatile than GraniteShares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon GraniteShares is expected to under-perform the market. In addition to that, the company is 10.13 times more volatile than its market benchmark. It trades about -0.21 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.24 per unit of volatility.

GraniteShares Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares 3x Short, and traders can use it to determine the average amount a GraniteShares' 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 = -0.2106

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Estimated Market Risk

 7.46
  actual daily
66
66% of assets are less volatile

Expected Return

 -1.57
  actual daily
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Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average GraniteShares 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 by adding GraniteShares to a well-diversified portfolio.

GraniteShares Fundamentals Growth

GraniteShares Etf prices reflect investors' perceptions of the future prospects and financial health of GraniteShares, and GraniteShares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on GraniteShares Etf performance.

About GraniteShares Performance

Assessing GraniteShares' fundamental ratios provides investors with valuable insights into GraniteShares' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the GraniteShares 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 is entity of United Kingdom. It is traded as Etf on LSE exchange.
GraniteShares generated a negative expected return over the last 90 days
GraniteShares has high historical volatility and very poor performance

Other Information on Investing in GraniteShares Etf

GraniteShares financial ratios help investors to determine whether GraniteShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GraniteShares with respect to the benefits of owning GraniteShares security.