Graniteshares Xout Large Etf Market Outlook
| XOUT Etf | USD 58.21 0.16 0.27% |
Slightly above 61% of GraniteShares XOUT's investor base is looking to short. The current sentiment regarding investing in GraniteShares XOUT Large etf implies that many traders are alarmed. GraniteShares XOUT's investing sentiment can be driven by a variety of factors including economic data, GraniteShares XOUT's earnings reports, geopolitical events, and overall market trends.
Comfort Level 39
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use GraniteShares XOUT's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward GraniteShares XOUT Large.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding GraniteShares XOUT Large is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell GraniteShares XOUT Large given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for GraniteShares XOUT Large, the advice is generated through an automated system that utilizes algorithms and statistical models.
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Execute GraniteShares XOUT Advice
The GraniteShares recommendation should be used to complement the investment advice compiled from the current analysts' consensus on GraniteShares XOUT Large. Macroaxis does not own or have any residual interests in GraniteShares XOUT Large or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute GraniteShares XOUT's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weakest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
For the selected time horizon GraniteShares XOUT Large has a Risk Adjusted Performance of (0.13), Jensen Alpha of (0.29), Total Risk Alpha of (0.34) and Treynor Ratio of (0.27)Our investment recommendation module provides unbiased trade recommendations that can be used to complement current average analyst sentiment on GraniteShares XOUT Large. Our investment recommendation engine provides an advice for the etf potential to grow from the perspective of an investor's risk tolerance and investing horizon. Please utilize GraniteShares XOUT Large one year return to make buy, hold, or sell decision on GraniteShares XOUT.
GraniteShares XOUT Trading Alerts and Improvement Suggestions
| GraniteShares XOUT generated a negative expected return over the last 90 days | |
| The fund keeps 99.88% of its net assets in stocks |
GraniteShares XOUT Returns Distribution Density
The distribution of GraniteShares XOUT's historical returns is an attempt to chart the uncertainty of GraniteShares XOUT's future price movements. The chart of the probability distribution of GraniteShares XOUT daily returns describes the distribution of returns around its average expected value. We use GraniteShares XOUT Large price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of GraniteShares XOUT returns is essential to provide solid investment analysis for GraniteShares XOUT.
| Mean Return | -0.23 | Value At Risk | -2.15 | Potential Upside | 1.50 | Standard Deviation | 1.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of GraniteShares XOUT historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
GraniteShares XOUT Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to GraniteShares XOUT or Graniteshares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that GraniteShares XOUT's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a GraniteShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.87 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | -0.22 |
GraniteShares XOUT Volatility Alert
GraniteShares XOUT Large exhibits very low volatility with skewness of 0.5 and kurtosis of 3.71. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure GraniteShares XOUT's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact GraniteShares XOUT's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.GraniteShares XOUT Fundamentals Vs Peers
Comparing GraniteShares XOUT's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze GraniteShares XOUT's direct or indirect competition across all of the common fundamentals between GraniteShares XOUT and the related equities. This way, we can detect undervalued stocks with similar characteristics as GraniteShares XOUT or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of GraniteShares XOUT's fundamental indicators could also be used in its relative valuation, which is a method of valuing GraniteShares XOUT by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare GraniteShares XOUT to competition |
| Fundamentals | GraniteShares XOUT | Peer Average |
| Beta | 1.08 | |
| One Year Return | (4.40) % | (0.97) % |
| Three Year Return | 17.90 % | 3.23 % |
| Five Year Return | 9.10 % | 1.12 % |
| Net Asset | 79.46 M | 2.29 B |
| Last Dividend Paid | 0.064 | 0.14 |
| Equity Positions Weight | 99.88 % | 52.82 % |
GraniteShares XOUT Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as GraniteShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About GraniteShares XOUT Buy or Sell Advice
When is the right time to buy or sell GraniteShares XOUT Large? Buying financial instruments such as GraniteShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having GraniteShares XOUT in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Check out GraniteShares XOUT Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
GraniteShares XOUT Large's market price often diverges from its book value, the accounting figure shown on GraniteShares's balance sheet. Smart investors calculate GraniteShares XOUT's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since GraniteShares XOUT's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.