Graniteshares 15x Long Etf Probability of Future Etf Price Finishing Over 86.34
| NVDL Etf | USD 81.42 0.84 1.04% |
GraniteShares |
GraniteShares 15x Target Price Odds to finish over 86.34
The tendency of GraniteShares Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 86.34 or more in 90 days |
| 81.42 | 90 days | 86.34 | nearly 4.22 |
Based on a normal probability distribution, the odds of GraniteShares 15x to move over $ 86.34 or more in 90 days from now is nearly 4.22 (This GraniteShares 15x Long probability density function shows the probability of GraniteShares Etf to fall within a particular range of prices over 90 days) . Probability of GraniteShares 15x Long price to stay between its current price of $ 81.42 and $ 86.34 at the end of the 90-day period is about 5.47 .
Given the investment horizon of 90 days the etf has the beta coefficient of 3.02 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, GraniteShares 15x will likely underperform. Additionally GraniteShares 15x Long has an alpha of 0.1211, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GraniteShares 15x Price Density |
| Price |
Predictive Modules for GraniteShares 15x
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GraniteShares 15x Long. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GraniteShares 15x's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GraniteShares 15x Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GraniteShares 15x is not an exception. The market had few large corrections towards the GraniteShares 15x's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold GraniteShares 15x Long, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GraniteShares 15x within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 3.02 | |
σ | Overall volatility | 11.55 | |
Ir | Information ratio | 0.06 |
GraniteShares 15x Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of GraniteShares 15x for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GraniteShares 15x Long can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GraniteShares 15x had very high historical volatility over the last 90 days | |
| GraniteShares 15x has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist GraniteShares 15x until it has trouble settling it off, either with new capital or with free cash flow. So, GraniteShares 15x's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GraniteShares 15x Long sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GraniteShares to invest in growth at high rates of return. When we think about GraniteShares 15x's use of debt, we should always consider it together with cash and equity. | |
| GraniteShares 15x Long reported the previous year's revenue of 837 K. Net Loss for the year was (1.2 M) with profit before overhead, payroll, taxes, and interest of 2.83 M. | |
| GraniteShares 15x Long currently holds about 61 K in cash with (3.28 M) of positive cash flow from operations. | |
| Roughly 27.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: NVDL Pain Still Awaits - Seeking Alpha |
GraniteShares 15x Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of GraniteShares Etf often depends not only on the future outlook of the current and potential GraniteShares 15x's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. GraniteShares 15x's indicators that are reflective of the short sentiment are summarized in the table below.
GraniteShares 15x Technical Analysis
GraniteShares 15x's future price can be derived by breaking down and analyzing its technical indicators over time. GraniteShares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GraniteShares 15x Long. In general, you should focus on analyzing GraniteShares Etf price patterns and their correlations with different microeconomic environments and drivers.
GraniteShares 15x Predictive Forecast Models
GraniteShares 15x's time-series forecasting models is one of many GraniteShares 15x's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary GraniteShares 15x's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about GraniteShares 15x Long
Checking the ongoing alerts about GraniteShares 15x for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GraniteShares 15x Long help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GraniteShares 15x had very high historical volatility over the last 90 days | |
| GraniteShares 15x has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist GraniteShares 15x until it has trouble settling it off, either with new capital or with free cash flow. So, GraniteShares 15x's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GraniteShares 15x Long sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GraniteShares to invest in growth at high rates of return. When we think about GraniteShares 15x's use of debt, we should always consider it together with cash and equity. | |
| GraniteShares 15x Long reported the previous year's revenue of 837 K. Net Loss for the year was (1.2 M) with profit before overhead, payroll, taxes, and interest of 2.83 M. | |
| GraniteShares 15x Long currently holds about 61 K in cash with (3.28 M) of positive cash flow from operations. | |
| Roughly 27.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: NVDL Pain Still Awaits - Seeking Alpha |
Check out GraniteShares 15x Backtesting, Portfolio Optimization, GraniteShares 15x Correlation, GraniteShares 15x Hype Analysis, GraniteShares 15x Volatility, GraniteShares 15x History as well as GraniteShares 15x Performance. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.