GraniteShares Financials
| CONI Etf | 10.42 0.46 4.62% |
GraniteShares |
The data published in GraniteShares' official financial statements typically reflect GraniteShares' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving GraniteShares' quantitative information. For example, before you start analyzing numbers published by GraniteShares accountants, it's essential to understand GraniteShares' liquidity, profitability, and earnings quality within the context of the Trading--Inverse Equity space in which it operates.
GraniteShares Etf Summary
GraniteShares competes with Tidal Trust, Direxion Daily, Direxion Daily, Tidal Trust, and Direxion Daily. GraniteShares is entity of United States. It is traded as Etf on NASDAQ exchange.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 38747R728 |
| Region | North America |
| Investment Issuer | GraniteShares |
| Fund Category | Strategy |
| Portfolio Concentration | Single Stock |
| Benchmark | Dow Jones Industrial |
GraniteShares 1x Short Systematic Risk
GraniteShares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GraniteShares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on GraniteShares 1x Short correlated with the market. If Beta is less than 0 GraniteShares generally moves in the opposite direction as compared to the market. If GraniteShares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GraniteShares 1x Short is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GraniteShares is generally in the same direction as the market. If Beta > 1 GraniteShares moves generally in the same direction as, but more than the movement of the benchmark.
About GraniteShares Financials
What exactly are GraniteShares Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include GraniteShares' income statement, its balance sheet, and the statement of cash flows. Potential GraniteShares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although GraniteShares investors may use each financial statement separately, they are all related. The changes in GraniteShares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GraniteShares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.GraniteShares Thematic Clasifications
GraniteShares 1x Short is part of several thematic ideas from Single Stock ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasGraniteShares November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of GraniteShares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GraniteShares 1x Short. We use our internally-developed statistical techniques to arrive at the intrinsic value of GraniteShares 1x Short based on widely used predictive technical indicators. In general, we focus on analyzing GraniteShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GraniteShares's daily price indicators and compare them against related drivers.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 45.9 | |||
| Value At Risk | (9.67) | |||
| Potential Upside | 7.6 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares 1x Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of GraniteShares 1x Short 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.