GraniteShares 15x Financials
| FBL Etf | 30.48 0.49 1.58% |
Net Expense Ratio 0.0115 |
GraniteShares |
The data published in GraniteShares 15x's official financial statements typically reflect GraniteShares 15x's 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 15x's quantitative information. For example, before you start analyzing numbers published by GraniteShares accountants, it's essential to understand GraniteShares 15x's liquidity, profitability, and earnings quality within the context of the Trading--Leveraged Equity space in which it operates.
GraniteShares 15x Etf Summary
GraniteShares 15x competes with Direxion Daily, Direxion Daily, and Direxion Daily. GraniteShares 15x is entity of United States. It is traded as Etf on NASDAQ exchange.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US38747R8438 |
| CUSIP | 38747R843 |
| Region | North America |
| Investment Issuer | GraniteShares |
| Fund Category | Strategy |
| Portfolio Concentration | Single Stock |
| Benchmark | Dow Jones Industrial |
GraniteShares 15x Long Systematic Risk
GraniteShares 15x's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GraniteShares 15x 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on GraniteShares 15x Long correlated with the market. If Beta is less than 0 GraniteShares 15x generally moves in the opposite direction as compared to the market. If GraniteShares 15x Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GraniteShares 15x Long is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GraniteShares 15x is generally in the same direction as the market. If Beta > 1 GraniteShares 15x moves generally in the same direction as, but more than the movement of the benchmark.
GraniteShares 15x Thematic Clasifications
GraniteShares 15x Long is part of several thematic ideas from Strategy ETFs to Single Stock 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 15x November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of GraniteShares 15x help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GraniteShares 15x Long. We use our internally-developed statistical techniques to arrive at the intrinsic value of GraniteShares 15x Long 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 15x's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.13 | |||
| Information Ratio | 0.0043 | |||
| Maximum Drawdown | 16.5 | |||
| Value At Risk | (6.09) | |||
| Potential Upside | 5.23 |
Check out Investing Opportunities 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 bureau of labor statistics. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.