GraniteShares Valuation
| 3LME Etf | 24.99 0.33 1.34% |
Based on Macroaxis valuation methodology, the entity is overvalued. GraniteShares 3x Long retains a regular Real Value of USD23.94 per share. The prevalent price of the entity is USD24.99. Our model calculates the value of GraniteShares 3x Long from evaluating the entity technical indicators and probability of bankruptcy. In general, investors encourage acquiring undervalued etfs and selling overvalued etfs since, at some point, etf prices and their ongoing real values will come together.
Overvalued
Today
Please note that GraniteShares' price fluctuation is not too volatile at this time. Calculation of the real value of GraniteShares 3x Long is based on 3 months time horizon. Increasing GraniteShares' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the GraniteShares etf is determined by what a typical buyer is willing to pay for full or partial control of GraniteShares 3x Long. Since GraniteShares is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GraniteShares Etf. However, GraniteShares' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 24.99 | Real 23.94 | Hype 24.99 | Naive 24.06 |
The intrinsic value of GraniteShares' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence GraniteShares' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of GraniteShares 3x Long helps investors to forecast how GraniteShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of GraniteShares more accurately as focusing exclusively on GraniteShares' fundamentals will not take into account other important factors: About GraniteShares Valuation
The etf valuation mechanism determines GraniteShares' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of GraniteShares 3x Long based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares. We calculate exposure to GraniteShares's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of GraniteShares's related companies.Other Information on Investing in GraniteShares Etf
GraniteShares financial ratios help investors to determine whether GraniteShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GraniteShares with respect to the benefits of owning GraniteShares security.