Graniteshares 2x Long Etf Price on November 29, 2024
| MULL Etf | 20.15 0.25 1.26% |
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 stands at 20.15, as last reported on the 3rd of December, with the highest price reaching 20.52 and the lowest price hitting 19.94 during the day. GraniteShares 2x Long holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of standard deviation over the last 3 months. GraniteShares 2x Long exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GraniteShares' risk adjusted performance of (0.12), and Market Risk Adjusted Performance of (1.61) to validate the risk estimate we provide.
GraniteShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
GraniteShares |
Sharpe Ratio = -0.1678
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MULL |
Estimated Market Risk
| 4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.74 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GraniteShares is not performing at its full potential. However, 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 by adding GraniteShares to a well-diversified portfolio.
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Vanguard Total Headline on 29th of November 2024
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CWS Financial Advisors LLC increased its position in Vanguard Total Stock Market ETF by 30.1 percent in the third quarter, according to the company in its most recent filing with the Securities Exchange Commission. The firm owned 15,932 shares of the companys stock after purchasing an additional 3,685 shares during the
GraniteShares Valuation on November 29, 2024
It is possible to determine the worth of GraniteShares on a given historical date. On November 29, 2024 GraniteShares was worth 19.81 at the beginning of the trading date compared to the closed value of 19.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GraniteShares etf. Still, in general, we apply an absolute valuation method to find GraniteShares' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GraniteShares' related companies.
| Open | High | Low | Close | Volume | |
| 19.94 | 20.04 | 19.67 | 20.04 | 5,245 | |
11/29/2024 | 19.81 | 19.90 | 19.79 | 19.90 | 1,042 |
| 20.52 | 20.52 | 19.94 | 20.15 | 4,063 |
| Backtest GraniteShares | | | GraniteShares History | Previous | Next |
GraniteShares Trading Date Momentum on November 29, 2024
| On December 02 2024 GraniteShares 2x Long was traded for 20.15 at the closing time. The top price for the day was 20.52 and the lowest listed price was 19.94 . The trading volume for the day was 4.1 K. The trading history from December 2, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 1.26% . The overall trading delta against the current closing price is 3.12% . |
Price Boundaries
GraniteShares Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
GraniteShares 2x 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 December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how GraniteShares 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 shares will generate the highest return on investment. By undertsting and applying GraniteShares etf market strength indicators, traders can identify GraniteShares 2x Long entry and exit signals to maximize returns
GraniteShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GraniteShares' 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.