Graniteshares Bloomberg Commodity Etf Buy Hold or Sell Recommendation

COMB Etf  USD 19.87  0.25  1.27%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding GraniteShares Bloomberg Commodity is 'Cautious Hold'. Macroaxis provides GraniteShares Bloomberg buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding COMB positions. The advice algorithm takes into account all of GraniteShares Bloomberg's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting GraniteShares Bloomberg's buy or sell advice are summarized below:
Real Value
19.75
Hype Value
19.87
Market Value
19.87
Naive Value
19.44
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell GraniteShares Bloomberg Commodity given historical horizon and risk tolerance towards GraniteShares Bloomberg. When Macroaxis issues a 'buy' or 'sell' recommendation for GraniteShares Bloomberg Commodity, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out GraniteShares Bloomberg Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as GraniteShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards GraniteShares Bloomberg Commodity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Execute GraniteShares Bloomberg Buy or Sell Advice

The GraniteShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on GraniteShares Bloomberg Commodity. Macroaxis does not own or have any residual interests in GraniteShares Bloomberg Commodity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute GraniteShares Bloomberg's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell GraniteShares BloombergBuy GraniteShares Bloomberg
Cautious Hold

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon GraniteShares Bloomberg Commodity has a Mean Deviation of 0.4873, Semi Deviation of 0.612, Standard Deviation of 0.5934, Variance of 0.3521, Downside Variance of 0.4281 and Semi Variance of 0.3745
Our advice tool can cross-verify current analyst consensus on GraniteShares Bloomberg and to analyze the etf potential to grow in the current economic cycle. Please utilize GraniteShares Bloomberg Commodity number of employees, one year return, as well as the relationship between the One Year Return and net asset to make buy, hold, or sell decision on GraniteShares Bloomberg.

GraniteShares Bloomberg Trading Alerts and Improvement Suggestions

Latest headline from news.google.com: 3 Commodity ETFs Worth Biting Into - InvestorPlace
The fund holds all of the assets under management (AUM) in different types of exotic instruments

GraniteShares Bloomberg Returns Distribution Density

The distribution of GraniteShares Bloomberg's historical returns is an attempt to chart the uncertainty of GraniteShares Bloomberg's future price movements. The chart of the probability distribution of GraniteShares Bloomberg daily returns describes the distribution of returns around its average expected value. We use GraniteShares Bloomberg Commodity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of GraniteShares Bloomberg returns is essential to provide solid investment advice for GraniteShares Bloomberg.
Mean Return
0.02
Value At Risk
-1.03
Potential Upside
0.87
Standard Deviation
0.59
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of GraniteShares Bloomberg historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

GraniteShares Bloomberg Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to GraniteShares Bloomberg or Graniteshares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that GraniteShares Bloomberg's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a GraniteShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0
β
Beta against NYSE Composite0.09
σ
Overall volatility
0.59
Ir
Information ratio -0.19

GraniteShares Bloomberg Volatility Alert

GraniteShares Bloomberg Commodity exhibits relatively low volatility with skewness of -0.19 and kurtosis of -0.74. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure GraniteShares Bloomberg's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact GraniteShares Bloomberg's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

GraniteShares Bloomberg Fundamentals Vs Peers

Comparing GraniteShares Bloomberg's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze GraniteShares Bloomberg's direct or indirect competition across all of the common fundamentals between GraniteShares Bloomberg and the related equities. This way, we can detect undervalued stocks with similar characteristics as GraniteShares Bloomberg or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of GraniteShares Bloomberg's fundamental indicators could also be used in its relative valuation, which is a method of valuing GraniteShares Bloomberg by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare GraniteShares Bloomberg to competition
FundamentalsGraniteShares BloombergPeer Average
Beta1.0
One Year Return(0.60) %(0.97) %
Three Year Return7.80 %3.23 %
Five Year Return5.50 %1.12 %
Net Asset279.9 M2.29 B
Last Dividend Paid0.360.14

GraniteShares Bloomberg Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as GraniteShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About GraniteShares Bloomberg Buy or Sell Advice

When is the right time to buy or sell GraniteShares Bloomberg Commodity? Buying financial instruments such as GraniteShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having GraniteShares Bloomberg in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Municipals ETFs Thematic Idea Now

Municipals ETFs
Municipals ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Municipals ETFs theme has 89 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Municipals ETFs Theme or any other thematic opportunities.
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When determining whether GraniteShares Bloomberg offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GraniteShares Bloomberg's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graniteshares Bloomberg Commodity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Graniteshares Bloomberg Commodity Etf:
Check out GraniteShares Bloomberg Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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The market value of GraniteShares Bloomberg 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect GraniteShares Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares Bloomberg'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.