Graniteshares Etf Trust Etf Performance
| CONL Etf | USD 39.87 7.61 16.03% |
The etf retains a Market Volatility (i.e., Beta) of 0.59, 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.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days GraniteShares ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Etf's basic indicators remain quite persistent which may send shares a bit higher in March 2025. The latest mess may also be a sign of long-standing up-swing for the ETF venture institutional investors. ...more
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GraniteShares |
GraniteShares ETF Relative Risk vs. Return Landscape
If you would invest 6,634 in GraniteShares ETF Trust on November 18, 2024 and sell it today you would lose (2,647) from holding GraniteShares ETF Trust or give up 39.9% of portfolio value over 90 days. GraniteShares ETF Trust is currently does not generate positive expected returns and assumes 8.5434% risk (volatility on return distribution) over the 90 days horizon. In different words, 76% of etfs are less volatile than GraniteShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
GraniteShares ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares ETF Trust, and traders can use it to determine the average amount a GraniteShares ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0542
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CONL |
Estimated Market Risk
| 8.54 actual daily | 76 76% of assets are less volatile |
Expected Return
| -0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GraniteShares ETF 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 ETF by adding GraniteShares ETF to a well-diversified portfolio.
About GraniteShares ETF Performance
By examining GraniteShares ETF's fundamental ratios, stakeholders can obtain critical insights into GraniteShares ETF's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that GraniteShares ETF is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
GraniteShares ETF Trust - GraniteShares 1.5x Long COIN Daily ETF is an exchange traded fund launched by GraniteShares Inc. Graniteshares 15X is traded on NYSEArca Exchange in the United States.| GraniteShares ETF generated a negative expected return over the last 90 days | |
| GraniteShares ETF has high historical volatility and very poor performance |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy GraniteShares Etf please use our How to buy in GraniteShares Etf guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.