Graniteshares 15x Long Etf Performance
| NVDL Etf | USD 46.78 2.66 6.03% |
The etf retains a Market Volatility (i.e., Beta) of 3.22, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GraniteShares 15x will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days GraniteShares 15x Long has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Etf's fundamental indicators remain quite persistent which may send shares a bit higher in April 2025. The latest mess may also be a sign of long-standing up-swing for the ETF venture institutional investors. ...more
1 | NVIDIA Regains Momentum on AI Growth ETFs to Tap | 01/07/2025 |
2 | 180 Wealth Advisors LLC Sells 1,247 Shares of GraniteShares 2x Long NVDA Daily ETF | 01/16/2025 |
3 | Nvidia Sinks Below 200-Day Moving Average For First Time In 2 Years As DeepSeek Sparks Historic Technical Reset | 01/27/2025 |
4 | NDVL Jumps 24 percent on 1.5B Nvidia ETF Inflow - Yahoo Finance | 01/28/2025 |
5 | Why GraniteShares 2x Long NVDA Daily ETF Plunged Last Month | 02/06/2025 |
6 | How To Trade - Stock Traders Daily | 02/18/2025 |
7 | Investment Report - Stock Traders Daily | 03/11/2025 |
8 | Acquisition by Moorin Jay of 1616162 shares of GraniteShares 15x at 0.25 subject to Rule 16b-3 | 03/13/2025 |
9 | GraniteShares 2x Long NVDA Daily ETF Shares Gap Up Heres Why | 03/21/2025 |
GraniteShares |
GraniteShares 15x Relative Risk vs. Return Landscape
If you would invest 7,269 in GraniteShares 15x Long on December 24, 2024 and sell it today you would lose (2,591) from holding GraniteShares 15x Long or give up 35.64% of portfolio value over 90 days. GraniteShares 15x Long is currently does not generate positive expected returns and assumes 8.1621% risk (volatility on return distribution) over the 90 days horizon. In different words, 72% of etfs are less volatile than GraniteShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
GraniteShares 15x Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares 15x's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares 15x Long, and traders can use it to determine the average amount a GraniteShares 15x'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 = -0.0444
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NVDL |
Estimated Market Risk
| 8.16 actual daily | 72 72% of assets are less volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GraniteShares 15x 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 15x by adding GraniteShares 15x to a well-diversified portfolio.
GraniteShares 15x Fundamentals Growth
GraniteShares Etf prices reflect investors' perceptions of the future prospects and financial health of GraniteShares 15x, and GraniteShares 15x 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.
| Return On Asset | -0.0142 | |||
| Profit Margin | (143.37) % | |||
| Operating Margin | (207.29) % | |||
| Current Valuation | 16.79 M | |||
| Shares Outstanding | 134.42 M | |||
| Price To Earning | (0.91) X | |||
| Price To Book | (3.12) X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 837 K | |||
| Cash And Equivalents | 61 K | |||
| Debt To Equity | (1.38) % | |||
| Book Value Per Share | (0.06) X | |||
| Cash Flow From Operations | (3.28 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 2.22 M | |||
| Retained Earnings | (85.43 M) | |||
| Current Asset | 1.99 M | |||
| Current Liabilities | 4.37 M | |||
About GraniteShares 15x Performance
By examining GraniteShares 15x's fundamental ratios, stakeholders can obtain critical insights into GraniteShares 15x's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that GraniteShares 15x is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
NovaDel Pharma Inc., a specialty pharmaceutical company, develops oral spray formulations for marketed pharmaceuticals.| GraniteShares 15x generated a negative expected return over the last 90 days | |
| GraniteShares 15x has high historical volatility and very poor performance | |
| GraniteShares 15x has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist GraniteShares 15x until it has trouble settling it off, either with new capital or with free cash flow. So, GraniteShares 15x's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GraniteShares 15x Long sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GraniteShares to invest in growth at high rates of return. When we think about GraniteShares 15x's use of debt, we should always consider it together with cash and equity. | |
| GraniteShares 15x Long reported the previous year's revenue of 837 K. Net Loss for the year was (1.2 M) with profit before overhead, payroll, taxes, and interest of 2.83 M. | |
| GraniteShares 15x Long currently holds about 61 K in cash with (3.28 M) of positive cash flow from operations. | |
| Roughly 27.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: GraniteShares 2x Long NVDA Daily ETF Shares Gap Up Heres Why |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in GraniteShares 15x 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 unemployment. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of GraniteShares 15x 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 15x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 15x'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 15x's market value can be influenced by many factors that don't directly affect GraniteShares 15x'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 15x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 15x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 15x'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.