GraniteShares Valuation
| AMZZ Etf | USD 31.86 1.12 3.40% |
At this time, the entity appears to be overvalued. GraniteShares 2x Long retains a regular Real Value of $30.97 per share. The prevalent price of the entity is $31.86. Our model calculates the value of GraniteShares 2x Long from evaluating the entity fundamentals such as return on asset of -298.27, and Current Valuation of 583.46 K as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that GraniteShares' price fluctuation is very steady at this time. Calculation of the real value of GraniteShares 2x Long is based on 3 months time horizon. Increasing GraniteShares' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since GraniteShares is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GraniteShares Etf. However, GraniteShares' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 31.86 | Real 30.97 | Hype 31.97 |
The intrinsic value of GraniteShares' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence GraniteShares' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of GraniteShares 2x Long helps investors to forecast how GraniteShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of GraniteShares more accurately as focusing exclusively on GraniteShares' fundamentals will not take into account other important factors: GraniteShares Total Value Analysis
GraniteShares 2x Long is presently forecasted to have valuation of 583.46 K with market capitalization of 0, debt of 549.75 K, and cash on hands of 27.88 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the GraniteShares fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
583.46 K | 0 | 549.75 K | 27.88 K |
GraniteShares Asset Utilization
One of the ways to look at asset utilization of GraniteShares is to check how much profit was generated for every dollar of assets it reports. GraniteShares retains a negative application of resources of -298.27 (percent), losing $2.98 for each dollar of resources held by the entity. Unsuccessful asset utilization attests that the company is being less effective with each dollar of resources it retains. Simply put, asset utilization of GraniteShares 2x Long shows how unproductive it operates for each dollar spent on its resources.GraniteShares Profitability Analysis
Net Loss for the year was (1.13 M).About GraniteShares Valuation
Our relative valuation model uses a comparative analysis of GraniteShares. We calculate exposure to GraniteShares's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of GraniteShares's related companies.Amazonica, Corporation, doing business as EuroAmerican Hydrogen Corporation, develops technologies related to the manufacture, and research and development related to the production of pure hydrogen in Canada.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares 2x 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 nation. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.