Graniteshares Etf Trust Etf Market Value
| AAPB Etf | USD 30.14 0.37 1.24% |
| Symbol | GraniteShares |
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.
Understanding that GraniteShares ETF's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether GraniteShares ETF represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, GraniteShares ETF's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
GraniteShares ETF 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to GraniteShares ETF's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of GraniteShares ETF.
| 11/26/2025 |
| 02/24/2026 |
If you would invest 0.00 in GraniteShares ETF on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding GraniteShares ETF Trust or generate 0.0% return on investment in GraniteShares ETF over 90 days. GraniteShares ETF is related to or competes with Direxion Daily, MicroSectors Gold, T Rowe, Innovator Laddered, SEI Exchange, IShares Residential, and Innovator. GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF is an exchange traded fund launched by GraniteShares In... More
GraniteShares ETF Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure GraniteShares ETF's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess GraniteShares ETF Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 18.14 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 5.05 |
GraniteShares ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GraniteShares ETF's standard deviation. In reality, there are many statistical measures that can use GraniteShares ETF historical prices to predict the future GraniteShares ETF's volatility.| Risk Adjusted Performance | 0.002 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.02) |
GraniteShares ETF February 24, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.002 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 1.83 | |||
| Coefficient Of Variation | (14,951) | |||
| Standard Deviation | 2.75 | |||
| Variance | 7.54 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 18.14 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 5.05 | |||
| Skewness | (0.24) | |||
| Kurtosis | 3.39 |
GraniteShares ETF Trust Backtested Returns
GraniteShares ETF Trust holds Efficiency (Sharpe) Ratio of -0.0522, which attests that the entity had a -0.0522 % return per unit of standard deviation over the last 3 months. GraniteShares ETF Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GraniteShares ETF's risk adjusted performance of 0.002, and Market Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 1.18, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GraniteShares ETF will likely underperform.
Auto-correlation | -0.36 |
Poor reverse predictability
GraniteShares ETF Trust has poor reverse predictability. Overlapping area represents the amount of predictability between GraniteShares ETF time series from 26th of November 2025 to 10th of January 2026 and 10th of January 2026 to 24th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GraniteShares ETF Trust price movement. The serial correlation of -0.36 indicates that just about 36.0% of current GraniteShares ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 3.73 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether GraniteShares ETF Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GraniteShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Graniteshares Etf Trust Etf. Highlighted below are key reports to facilitate an investment decision about Graniteshares Etf Trust Etf:Check out GraniteShares ETF Correlation, GraniteShares ETF Volatility and GraniteShares ETF Performance module to complement your research on GraniteShares ETF. For information on how to trade GraniteShares Etf refer to our How to Trade GraniteShares Etf guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
GraniteShares ETF 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.