Graniteshares Xout Large Etf Profile
| XOUT Etf | USD 57.21 0.33 0.57% |
Performance10 of 100
| Odds Of DistressLess than 9
|
GraniteShares XOUT is selling for under 57.21 as of the 26th of November 2024; that is 0.57 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 56.74. GraniteShares XOUT has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for GraniteShares XOUT Large are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its assets in the securities included in the index. Graniteshares Xout is traded on NYSEARCA Exchange in the United States. More on GraniteShares XOUT Large
Moving together with GraniteShares Etf
GraniteShares Etf Highlights
| Business Concentration | Large Growth, Graniteshares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 25.35 |
| Name | GraniteShares XOUT U.S. Large Cap ETF |
| Currency Code | USD |
| In Threey Volatility | 20.67 |
| 1y Volatility | 19.25 |
| 200 Day M A | 36.5244 |
| 50 Day M A | 40.1213 |
| Code | XOUT |
| Updated At | 26th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.23 |
| Type | ETF |
GraniteShares XOUT Large [XOUT] is traded in USA and was established 2019-10-07. The fund is listed under Large Growth category and is part of Graniteshares family. GraniteShares XOUT Large at this time have 79.46 M in net assets. , while the total return for the last 3 years was 8.9%.
Check GraniteShares XOUT Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on GraniteShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding GraniteShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as GraniteShares XOUT Large Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top GraniteShares XOUT Large Etf Constituents
| MA | Mastercard | Stock | Financials | |
| WMT | Walmart | Stock | Consumer Staples | |
| V | Visa Class A | Stock | Financials | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| QQQ | Invesco QQQ Trust | Etf | Large Growth | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| NVDA | NVIDIA | Stock | Information Technology |
GraniteShares XOUT Large 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 XOUT. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.805 | |||
| Semi Deviation | 1.08 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.29 |
GraniteShares XOUT Large Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. GraniteShares XOUT Large Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe GraniteShares XOUT price patterns.
GraniteShares XOUT Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in GraniteShares XOUT Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of GraniteShares XOUT Large 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 XOUT's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares XOUT'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 XOUT's market value can be influenced by many factors that don't directly affect GraniteShares XOUT'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 XOUT's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares XOUT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares XOUT'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.