Graniteshares 175x Long Etf Profile

BABX Etf   16.54  0.16  0.96%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
GraniteShares 175x is trading at 16.54 as of the 27th of November 2024; that is 0.96 percent decrease since the beginning of the trading day. The etf's open price was 16.7. GraniteShares 175x has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for GraniteShares 175x Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 27th of November 2024. Click here to learn more.

Moving against GraniteShares Etf

  0.65HUM Humana Inc Fiscal Year End 23rd of January 2025 PairCorr
  0.53WTMF WisdomTree ManagedPairCorr

GraniteShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Single Stock ETFs, Trading--Leveraged Equity (View all Sectors)
IssuerGraniteShares
Inception Date2022-12-13
Entity TypeRegulated Investment Company
Asset Under Management32.73 Million
Asset TypeEquity
CategoryStrategy
FocusSingle Stock
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorALPS Fund Services, Inc.
AdvisorGraniteShares Advisors LLC
CustodianBrown Brothers Harriman & Co.
DistributorALPS Distributors, Inc.
Portfolio ManagerBenoit Autier, Jeff Klearman
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Jun
ExchangeNASDAQ
Market MakerIMC
Total Expense3.6
Management Fee0.99
200 Day M A16.9036
Country NameUSA
50 Day M A22.857
CodeBABX
Updated At26th of November 2024
Returns Y T D(0.85)
NameGraniteShares 1.75x Long BABA Daily ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01BWDFNB1
TypeETF
1y Volatility71.81
GraniteShares 175x Long [BABX] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Strategy ETFs. GraniteShares 175x Long currently have in assets under management (AUM). , while the total return for the last year was -3.0%.
Check GraniteShares 175x Probability Of Bankruptcy

GraniteShares 175x Long Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares 175x. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

GraniteShares 175x Against Markets

When determining whether GraniteShares 175x Long is a strong investment it is important to analyze GraniteShares 175x's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GraniteShares 175x's future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.