GraniteShares (UK) Performance
| SFTE Etf | 19.13 0.22 1.14% |
The etf retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GraniteShares are expected to decrease at a much lower rate. During the bear market, GraniteShares is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days GraniteShares 1x Short has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Etf's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the exchange-traded fund private investors. ...more
| In Threey Sharp Ratio | -0.39 |
GraniteShares |
GraniteShares Relative Risk vs. Return Landscape
If you would invest 2,172 in GraniteShares 1x Short on August 28, 2024 and sell it today you would lose (259.00) from holding GraniteShares 1x Short or give up 11.92% of portfolio value over 90 days. GraniteShares 1x Short is generating negative expected returns and assumes 1.3615% volatility on return distribution over the 90 days horizon. Simply put, 12% of etfs are less volatile than GraniteShares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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GraniteShares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares 1x Short, and traders can use it to determine the average amount a GraniteShares' 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 = -0.1388
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Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GraniteShares 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 by adding GraniteShares to a well-diversified portfolio.
GraniteShares Fundamentals Growth
GraniteShares Etf prices reflect investors' perceptions of the future prospects and financial health of GraniteShares, and GraniteShares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on GraniteShares Etf performance.
About GraniteShares Performance
Assessing GraniteShares' fundamental ratios provides investors with valuable insights into GraniteShares' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the GraniteShares is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
GraniteShares is entity of United Kingdom. It is traded as Etf on LSE exchange.| GraniteShares generated a negative expected return over the last 90 days |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in GraniteShares 1x Short. 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. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.