GraniteShares XOUT Financials

XOUT Etf  USD 57.21  0.33  0.57%   
Financial data analysis helps to validate if markets are presently mispricing GraniteShares XOUT. We are able to break down and analyze data for nine available reported financial drivers for GraniteShares XOUT Large, which can be compared to its competitors. The etf experiences a moderate downward daily trend and can be a good diversifier. Check odds of GraniteShares XOUT to be traded at $56.07 in 90 days. Key indicators impacting GraniteShares XOUT's financial strength include:
Net Expense Ratio
0.006
3 y Sharp Ratio
0.23
  
The data published in GraniteShares XOUT's official financial statements typically reflect GraniteShares XOUT'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 XOUT's quantitative information. For example, before you start analyzing numbers published by GraniteShares accountants, it's essential to understand GraniteShares XOUT's 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 XOUT's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of GraniteShares XOUT Large. Check GraniteShares XOUT's Beneish M Score to see the likelihood of GraniteShares XOUT's management manipulating its earnings.

GraniteShares XOUT Etf Summary

GraniteShares XOUT competes with Invesco Dynamic, Perella Weinberg, HUMANA, Barloworld, and Morningstar Unconstrained. 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.
InstrumentUSA Etf View All
ExchangeNYSE ARCA Exchange
ISINUS38747R6036
RegionOthers
Investment IssuerOthers
Etf FamilyGraniteshares
Fund CategoryOthers
Portfolio ConcentrationOthers
BenchmarkDow Jones Industrial
PhoneNA
CurrencyUSD - US Dollar

GraniteShares XOUT Key Financial Ratios

GraniteShares Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining GraniteShares XOUT's current stock value. Our valuation model uses many indicators to compare GraniteShares XOUT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GraniteShares XOUT competition to find correlations between indicators driving GraniteShares XOUT's intrinsic value. More Info.
GraniteShares XOUT Large is rated second in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about  33.98  of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value GraniteShares XOUT by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

GraniteShares XOUT Large Systematic Risk

GraniteShares XOUT's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GraniteShares XOUT 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.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on GraniteShares XOUT Large correlated with the market. If Beta is less than 0 GraniteShares XOUT generally moves in the opposite direction as compared to the market. If GraniteShares XOUT Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GraniteShares XOUT Large is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GraniteShares XOUT is generally in the same direction as the market. If Beta > 1 GraniteShares XOUT moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as GraniteShares XOUT is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of GraniteShares has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if GraniteShares XOUT's financials are consistent with your investment objective using the following steps:
  • Review GraniteShares XOUT's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand GraniteShares XOUT's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare GraniteShares XOUT's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if GraniteShares XOUT's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

GraniteShares XOUT November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of GraniteShares XOUT help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GraniteShares XOUT Large. We use our internally-developed statistical techniques to arrive at the intrinsic value of GraniteShares XOUT Large 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 XOUT's daily price indicators and compare them against related drivers.
When determining whether GraniteShares XOUT Large is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GraniteShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Graniteshares Xout Large Etf. Highlighted below are key reports to facilitate an investment decision about Graniteshares Xout Large Etf:
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.