Graniteshares 175x Long Etf Performance
| BABX Etf | 17.38 0.30 1.76% |
The etf retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GraniteShares 175x's returns are expected to increase less than the market. However, during the bear market, the loss of holding GraniteShares 175x is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in GraniteShares 175x Long are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting fundamental drivers, GraniteShares 175x showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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GraniteShares |
GraniteShares 175x Relative Risk vs. Return Landscape
If you would invest 1,645 in GraniteShares 175x Long on September 1, 2024 and sell it today you would earn a total of 93.00 from holding GraniteShares 175x Long or generate 5.65% return on investment over 90 days. GraniteShares 175x Long is currently generating 0.2384% in daily expected returns and assumes 5.6255% risk (volatility on return distribution) over the 90 days horizon. In different words, 50% of etfs are less volatile than GraniteShares, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
GraniteShares 175x Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares 175x's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares 175x Long, and traders can use it to determine the average amount a GraniteShares 175x's 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 = 0.0424
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Estimated Market Risk
| 5.63 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average GraniteShares 175x is performing at about 3% of its full potential. 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 175x by adding it to a well-diversified portfolio.
About GraniteShares 175x Performance
Evaluating GraniteShares 175x's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if GraniteShares 175x has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if GraniteShares 175x has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
GraniteShares 175x is entity of United States. It is traded as Etf on NASDAQ exchange.| GraniteShares 175x had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares 175x Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of GraniteShares 175x 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 175x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 175x'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 175x's market value can be influenced by many factors that don't directly affect GraniteShares 175x'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 175x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 175x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 175x'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.