GraniteShares Financials
| SPP3 Etf | 144.80 10.40 6.70% |
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 GraniteShares space in which it operates.
Please note, the imprecision that can be found in GraniteShares' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of GraniteShares 3x Short. Check GraniteShares' Beneish M Score to see the likelihood of GraniteShares' management manipulating its earnings.
GraniteShares November 26, 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 3x Short. We use our internally-developed statistical techniques to arrive at the intrinsic value of GraniteShares 3x 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 | (0.16) | |||
| Maximum Drawdown | 28.32 | |||
| Value At Risk | (10.25) | |||
| Potential Upside | 9.13 |