GraniteShares FAANG (UK) Price on September 25, 2024
| FANE Etf | 47.03 0.19 0.40% |
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 FAANG stands at 47.03, as last reported on the 26th of November, with the highest price reaching 47.03 and the lowest price hitting 37.12 during the day. GraniteShares FAANG appears to be very steady, given 3 months investment horizon. GraniteShares FAANG ETC holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for GraniteShares FAANG ETC, which you can use to evaluate the volatility of the entity. Please utilize GraniteShares FAANG's market risk adjusted performance of 0.5472, and Risk Adjusted Performance of 0.1975 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 = 0.2547
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 20 80% of assets perform better |
Based on monthly moving average GraniteShares FAANG is performing at about 20% 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 FAANG by adding it to a well-diversified portfolio.
GraniteShares FAANG Valuation on September 25, 2024
It is possible to determine the worth of GraniteShares FAANG on a given historical date. On September 25, 2024 GraniteShares was worth 37.12 at the beginning of the trading date compared to the closed value of 41.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GraniteShares FAANG etf. Still, in general, we apply an absolute valuation method to find GraniteShares FAANG'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 FAANG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GraniteShares FAANG's related companies.
| Open | High | Low | Close | Volume | |
| 37.12 | 41.74 | 37.12 | 41.74 | 1.00 | |
09/25/2024 | 37.12 | 41.84 | 37.12 | 41.84 | 1.00 |
| 37.12 | 41.44 | 37.12 | 41.44 | 1.00 |
| Backtest GraniteShares FAANG | | | GraniteShares FAANG History | | | GraniteShares FAANG Valuation | Previous | Next |
GraniteShares FAANG Trading Date Momentum on September 25, 2024
| On September 26 2024 GraniteShares FAANG ETC was traded for 41.44 at the closing time. The highest price during the trading period was 41.44 and the lowest recorded bid was listed for 37.12 . There was no trading activity during the period 1.0. Lack of trading volume on September 26, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.96% . The overall trading delta to the current price is 11.28% . |
About GraniteShares FAANG Etf history
GraniteShares FAANG 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 FAANG ETC 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 FAANG stock prices may prove useful in developing a viable investing in GraniteShares FAANG
GraniteShares FAANG Etf Technical Analysis
GraniteShares FAANG 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 FAANG Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
GraniteShares FAANG ETC cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 FAANG November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how GraniteShares FAANG 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 FAANG shares will generate the highest return on investment. By undertsting and applying GraniteShares FAANG etf market strength indicators, traders can identify GraniteShares FAANG ETC entry and exit signals to maximize returns
GraniteShares FAANG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GraniteShares FAANG'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 | 0.1975 | |||
| Jensen Alpha | 0.2047 | |||
| Total Risk Alpha | 0.0965 | |||
| Sortino Ratio | 0.1563 | |||
| Treynor Ratio | 0.5372 |
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Other Information on Investing in GraniteShares Etf
GraniteShares FAANG financial ratios help investors to determine whether GraniteShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GraniteShares with respect to the benefits of owning GraniteShares FAANG security.