Graniteshares Etf Trust Etf Alpha and Beta Analysis
| CONL Etf | USD 57.34 3.28 6.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as GraniteShares ETF Trust. It also helps investors analyze the systematic and unsystematic risks associated with investing in GraniteShares ETF over a specified time horizon. Remember, high GraniteShares ETF's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to GraniteShares ETF's market risk premium analysis include:
Beta 1.88 | Alpha 1.45 | Risk 13.31 | Sharpe Ratio 0.13 | Expected Return 1.69 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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GraniteShares ETF Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. GraniteShares ETF market risk premium is the additional return an investor will receive from holding GraniteShares ETF long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate GraniteShares ETF's performance over market.| α | 1.45 | β | 1.88 |
GraniteShares ETF expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of GraniteShares ETF's Buy-and-hold return. Our buy-and-hold chart shows how GraniteShares ETF performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.GraniteShares ETF Market Price Analysis
Market price analysis indicators help investors to evaluate how GraniteShares ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GraniteShares ETF shares will generate the highest return on investment. By understating and applying GraniteShares ETF etf market price indicators, traders can identify GraniteShares ETF position entry and exit signals to maximize returns.
GraniteShares ETF Return and Market Media
The median price of GraniteShares ETF for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 27.52 with a coefficient of variation of 44.19. The daily time series for the period is distributed with a sample standard deviation of 14.29, arithmetic mean of 32.33, and mean deviation of 11.07. The Etf did not receive any noticable media coverage during the period. Price Growth (%) |
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About GraniteShares ETF Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including GraniteShares or other etfs. Alpha measures the amount that position in GraniteShares ETF Trust has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GraniteShares ETF in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GraniteShares ETF's short interest history, or implied volatility extrapolated from GraniteShares ETF options trading.
Build Portfolio with GraniteShares ETF
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out GraniteShares ETF Backtesting, Portfolio Optimization, GraniteShares ETF Correlation, GraniteShares ETF Hype Analysis, GraniteShares ETF Volatility, GraniteShares ETF History and analyze GraniteShares ETF Performance. For more information on how to buy GraniteShares Etf please use our How to buy in GraniteShares Etf guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.