Graniteshares 175x Long Etf Price on April 30, 2024
| BABX Etf | 17.38 0.30 1.76% |
If you're considering investing in GraniteShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of GraniteShares 175x stands at 17.38, as last reported on the 30th of November, with the highest price reaching 17.40 and the lowest price hitting 16.84 during the day. GraniteShares 175x appears to be somewhat reliable, given 3 months investment horizon. GraniteShares 175x Long holds Efficiency (Sharpe) Ratio of 0.0424, which attests that the entity had a 0.0424% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for GraniteShares 175x Long, which you can use to evaluate the volatility of the entity. Please utilize GraniteShares 175x's market risk adjusted performance of 0.3904, and Risk Adjusted Performance of 0.0532 to validate if our risk estimates are consistent with your expectations.
GraniteShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
GraniteShares |
Sharpe Ratio = 0.0424
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Estimated Market Risk
| 5.63 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average GraniteShares 175x is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GraniteShares 175x by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
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GraniteShares 175x Valuation on April 30, 2024
It is possible to determine the worth of GraniteShares 175x on a given historical date. On April 30, 2024 GraniteShares was worth 14.55 at the beginning of the trading date compared to the closed value of 14.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GraniteShares 175x etf. Still, in general, we apply an absolute valuation method to find GraniteShares 175x's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares 175x where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GraniteShares 175x's related companies.
| Open | High | Low | Close | Volume | |
| 14.40 | 14.76 | 14.31 | 14.67 | 29,300 | |
04/30/2024 | 14.55 | 14.55 | 13.99 | 14.12 | 61,400 |
| 14.19 | 14.61 | 14.13 | 14.33 | 60,700 |
| Backtest GraniteShares 175x | | | GraniteShares 175x History | | | GraniteShares 175x Valuation | Previous | Next |
GraniteShares 175x Trading Date Momentum on April 30, 2024
| On May 01 2024 GraniteShares 175x Long was traded for 14.33 at the closing time. The top price for the day was 14.61 and the lowest listed price was 14.13 . The trading volume for the day was 60.7 K. The trading history from May 1, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.49% . The overall trading delta against the current closing price is 13.17% . |
About GraniteShares 175x Etf history
GraniteShares 175x investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GraniteShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GraniteShares 175x Long will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GraniteShares 175x stock prices may prove useful in developing a viable investing in GraniteShares 175x
GraniteShares 175x Etf Technical Analysis
GraniteShares 175x technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
GraniteShares 175x Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
GraniteShares 175x Long cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
GraniteShares 175x November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how GraniteShares 175x etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GraniteShares 175x shares will generate the highest return on investment. By undertsting and applying GraniteShares 175x etf market strength indicators, traders can identify GraniteShares 175x Long entry and exit signals to maximize returns
GraniteShares 175x Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GraniteShares 175x's price direction in advance. Along with the technical and fundamental analysis of GraniteShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of GraniteShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0532 | |||
| Jensen Alpha | 0.2106 | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | 0.0381 | |||
| Treynor Ratio | 0.3804 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares 175x 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of GraniteShares 175x 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 175x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 175x'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 175x's market value can be influenced by many factors that don't directly affect GraniteShares 175x'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 175x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 175x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 175x'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.