Graniteshares Etf Trust Etf Beneish M Score
| CONL Etf | USD 57.34 3.28 6.07% |
GraniteShares |
At this time, GraniteShares ETF's M Score is inapplicable. The earnings manipulation may begin if GraniteShares ETF's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by GraniteShares ETF executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of GraniteShares ETF's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
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About GraniteShares ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GraniteShares ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GraniteShares ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GraniteShares ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out GraniteShares ETF Piotroski F Score and GraniteShares ETF Altman Z Score analysis. For more information on how to buy GraniteShares Etf please use our How to buy in GraniteShares Etf guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of GraniteShares ETF 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares ETF'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 ETF's market value can be influenced by many factors that don't directly affect GraniteShares ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares ETF'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.