Graniteshares Etf Trust Etf Market Value
| DRUP Etf | 58.21 0.61 1.06% |
| Symbol | GraniteShares |
GraniteShares ETF Trust's market price often diverges from its book value, the accounting figure shown on GraniteShares's balance sheet. Smart investors calculate GraniteShares ETF's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since GraniteShares ETF's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between GraniteShares ETF's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding GraniteShares ETF should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.
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.
| 11/19/2025 |
| 02/17/2026 |
If you would invest 0.00 in GraniteShares ETF on November 19, 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 Pacer Trendpilot, First Trust, India Internet, Innovator Growth, ProShares, Goldman Sachs, and Tema Monopolies. GraniteShares ETF is entity of United States 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 | (0.24) | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.66 |
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 | (0.15) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GraniteShares ETF's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GraniteShares ETF February 17, 2026 Technical Indicators
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.15) | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 0.9389 | |||
| Coefficient Of Variation | (537.97) | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.52 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.66 | |||
| Skewness | (0.40) | |||
| Kurtosis | 0.4614 |
GraniteShares ETF Trust Backtested Returns
GraniteShares ETF Trust holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15 % return per unit of standard deviation over the last 3 months. GraniteShares ETF Trust exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GraniteShares ETF's market risk adjusted performance of (0.28), and Risk Adjusted Performance of (0.15) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GraniteShares ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding GraniteShares ETF is expected to be smaller as well.
Auto-correlation | -0.17 |
Insignificant reverse predictability
GraniteShares ETF Trust has insignificant reverse predictability. Overlapping area represents the amount of predictability between GraniteShares ETF time series from 19th of November 2025 to 3rd of January 2026 and 3rd of January 2026 to 17th 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 -0.17 indicates that over 17.0% of current GraniteShares ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 11.95 |
Pair Trading with GraniteShares ETF
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 ETF 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 ETF will appreciate offsetting losses from the drop in the long position's value.Moving together with GraniteShares Etf
Moving against GraniteShares Etf
| 0.74 | AMPD | Tidal ETF Services | PairCorr |
| 0.73 | ELON | Battleshares TSLA | PairCorr |
| 0.62 | SOXX | iShares Semiconductor ETF | PairCorr |
| 0.57 | SMH | VanEck Semiconductor ETF Sell-off Trend | PairCorr |
| 0.48 | CPST | Calamos ETF Trust | PairCorr |
The ability to find closely correlated positions to GraniteShares ETF 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 ETF 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 ETF - 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 ETF Trust to buy it.
The correlation of GraniteShares ETF 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 ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GraniteShares ETF 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 ETF 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 ETF Correlation, GraniteShares ETF Volatility and GraniteShares ETF Performance module to complement your research on GraniteShares ETF. To learn how to invest in GraniteShares Etf, please use our How to Invest in GraniteShares ETF guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.