Graniteshares Gold Trust Etf Price Patterns
| BAR Etf | USD 50.86 0.74 1.43% |
Momentum 59
Buy Extended
Oversold | Overbought |
Using GraniteShares Gold hype-based prediction, you can estimate the value of GraniteShares Gold Trust from the perspective of GraniteShares Gold response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in GraniteShares Gold to buy its etf at a price that has no basis in reality. In that case, they are not buying GraniteShares because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
GraniteShares Gold after-hype prediction price | USD 50.91 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
GraniteShares | Build AI portfolio with GraniteShares Etf |
GraniteShares Gold After-Hype Price Density Analysis
As far as predicting the price of GraniteShares Gold at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in GraniteShares Gold or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of GraniteShares Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
GraniteShares Gold Estimiated After-Hype Price Volatility
In the context of predicting GraniteShares Gold's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on GraniteShares Gold's historical news coverage. GraniteShares Gold's after-hype downside and upside margins for the prediction period are 48.60 and 53.22, respectively. We have considered GraniteShares Gold's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
GraniteShares Gold is very steady at this time. Analysis and calculation of next after-hype price of GraniteShares Gold Trust is based on 3 months time horizon.
GraniteShares Gold Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as GraniteShares Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading GraniteShares Gold backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with GraniteShares Gold, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.39 | 2.31 | 0.03 | 0.00 | 3 Events / Month | 0 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
50.86 | 50.91 | 0.06 |
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GraniteShares Gold Hype Timeline
On the 24th of February GraniteShares Gold Trust is traded for 50.86. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of 0.0. GraniteShares is forecasted to increase in value after the next headline, with the price projected to jump to 50.91 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 0.06%, whereas the daily expected return is currently at 0.39%. The volatility of related hype on GraniteShares Gold is about 77000.0%, with the expected price after the next announcement by competition of 50.86. Considering the 90-day investment horizon the next forecasted press release will be in about 3 days. Check out GraniteShares Gold Basic Forecasting Models to cross-verify your projections.GraniteShares Gold Related Hype Analysis
Having access to credible news sources related to GraniteShares Gold's direct competition is more important than ever and may enhance your ability to predict GraniteShares Gold's future price movements. Getting to know how GraniteShares Gold's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how GraniteShares Gold may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SFIG | WisdomTree Short Term Corporate | 0.00 | 0 per month | 0.00 | (1.00) | 0.16 | (0.08) | 0.33 | |
| MSTSX | Morningstar Unconstrained Allocation | 0.00 | 0 per month | 0.17 | 0.11 | 1.45 | (0.89) | 12.34 | |
| LBHIX | Thrivent High Yield | 0.03 | 1 per month | 0.00 | (0.16) | 0.24 | (0.12) | 2.15 | |
| VIASP | Via Renewables | 0.00 | 0 per month | 0.15 | (0.11) | 0.64 | (0.59) | 1.72 | |
| RRTLX | T Rowe Price | 0.00 | 0 per month | 0.00 | 0.01 | 0.58 | (0.46) | 3.30 | |
| WQTM | WisdomTree Quantum Computing | 0.00 | 0 per month | 1.96 | (0.03) | 3.21 | (3.22) | 9.00 | |
| OSHDF | Oshidori International Holdings | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SITKF | Sitka Gold Corp | 0.00 | 0 per month | 2.92 | (0) | 7.81 | (5.88) | 16.83 | |
| RWAYL | MSCI ACWI exAUCONSUMER | 0.00 | 1 per month | 0.00 | (0.38) | 0.28 | (0.20) | 0.72 | |
| SEGI | Sycamore Entmt Grp | 0.00 | 0 per month | 11.61 | 0.03 | 33.33 | (25.00) | 58.33 |
GraniteShares Gold Additional Predictive Modules
Most predictive techniques to examine GraniteShares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for GraniteShares using various technical indicators. When you analyze GraniteShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About GraniteShares Gold Predictive Indicators
The successful prediction of GraniteShares Gold stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as GraniteShares Gold Trust, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of GraniteShares Gold based on analysis of GraniteShares Gold hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to GraniteShares Gold's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to GraniteShares Gold's related companies.
Pair Trading with GraniteShares Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GraniteShares Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GraniteShares Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with GraniteShares Etf
| 0.86 | SLV | iShares Silver Trust Aggressive Push | PairCorr |
| 1.0 | GLDM | SPDR Gold Mini | PairCorr |
| 1.0 | SGOL | abrdn Physical Gold | PairCorr |
| 0.82 | USO | United States Oil | PairCorr |
Moving against GraniteShares Etf
The ability to find closely correlated positions to GraniteShares Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GraniteShares Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GraniteShares Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GraniteShares Gold Trust to buy it.
The correlation of GraniteShares Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GraniteShares Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GraniteShares Gold Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GraniteShares Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out GraniteShares Gold Basic Forecasting Models to cross-verify your projections. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of GraniteShares Gold Trust 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Gold's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because GraniteShares Gold's market value can be influenced by many factors that don't directly affect GraniteShares Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between GraniteShares Gold's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding GraniteShares Gold should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, GraniteShares Gold's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.