GraniteShares 15x Valuation
| NVDL Etf | USD 69.69 6.40 8.41% |
At this time, the entity appears to be overvalued. GraniteShares 15x Long retains a regular Real Value of $67.47 per share. The prevalent price of the entity is $69.69. Our model calculates the value of GraniteShares 15x Long from evaluating the entity fundamentals such as return on asset of -0.0142, and Profit Margin of (143.37) % as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that GraniteShares 15x's price fluctuation is very steady at this time. Calculation of the real value of GraniteShares 15x Long is based on 3 months time horizon. Increasing GraniteShares 15x's 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 15x Long. Since GraniteShares 15x is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GraniteShares Etf. However, GraniteShares 15x's 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 69.69 | Real 67.47 | Hype 76.72 | Naive 76.95 |
The intrinsic value of GraniteShares 15x's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence GraniteShares 15x's stock price.
Estimating the potential upside or downside of GraniteShares 15x 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 15x more accurately as focusing exclusively on GraniteShares 15x's fundamentals will not take into account other important factors: GraniteShares 15x Total Value Analysis
GraniteShares 15x Long is now forecasted to have valuation of 16.79 M with market capitalization of 1.1 M, debt of 0, and cash on hands of 61 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the GraniteShares 15x fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
16.79 M | 1.1 M | 0 | 61 K |
GraniteShares 15x Investor Information
GraniteShares 15x is is formed as Regulated Investment Company in the United States. ETF is managed and operated by ALPS Fund Services, Inc.. The fund has null constituents across multiple sectors and instustries. The fund charges 0.99 percent management fee with a total expences of 1.18 percent of total asset. Based on the key measurements obtained from GraniteShares 15x's financial statements, GraniteShares 15x Long is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December.GraniteShares 15x Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. GraniteShares 15x has an asset utilization ratio of 37.74 percent. This suggests that the ETF is making $0.38 for each dollar of assets. An increasing asset utilization means that GraniteShares 15x Long is more efficient with each dollar of assets it utilizes for everyday operations.GraniteShares 15x Ownership Allocation
GraniteShares 15x Long has a total of 134.42 Million outstanding shares. GraniteShares 15x secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.GraniteShares 15x Profitability Analysis
The company reported the previous year's revenue of 837 K. Net Loss for the year was (1.2 M) with profit before overhead, payroll, taxes, and interest of 2.83 M.About GraniteShares 15x Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of GraniteShares 15x Long. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of GraniteShares 15x Long based exclusively on its fundamental and basic technical indicators. By analyzing GraniteShares 15x's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of GraniteShares 15x's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares 15x. We calculate exposure to GraniteShares 15x's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of GraniteShares 15x's related companies. When determining whether GraniteShares 15x Long is a strong investment it is important to analyze GraniteShares 15x's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GraniteShares 15x's future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in GraniteShares 15x Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of GraniteShares 15x Long 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 15x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 15x'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 15x's market value can be influenced by many factors that don't directly affect GraniteShares 15x'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 15x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 15x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 15x'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.