Graniteshares 2x Long Etf Market Outlook
| AMZZ Etf | USD 22.79 0.21 0.91% |
Slightly above 62% of GraniteShares' investor base is looking to short. The current sentiment regarding investing in GraniteShares 2x Long etf implies that many traders are alarmed. GraniteShares' investing sentiment can be driven by a variety of factors including economic data, GraniteShares' earnings reports, geopolitical events, and overall market trends.
Comfort Level 38
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use GraniteShares' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward GraniteShares 2x Long.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding GraniteShares 2x Long is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell GraniteShares 2x Long given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for GraniteShares 2x Long, the advice is generated through an automated system that utilizes algorithms and statistical models.
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Execute GraniteShares Advice
The GraniteShares recommendation should be used to complement the investment advice compiled from the current analysts' consensus on GraniteShares 2x Long. Macroaxis does not own or have any residual interests in GraniteShares 2x Long or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute GraniteShares' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
For the selected time horizon GraniteShares 2x Long has a Mean Deviation of 2.65, Standard Deviation of 3.53 and Variance of 12.44Our trade recommendations module complements current analysts and expert consensus on GraniteShares 2x Long. It analyzes the etf potential to grow using all fundamental, technical, and market related data available at the time. Use GraniteShares net income, number of employees, one year return, as well as the relationship between the current ratio and working capital to ensure your buy or sell decision on GraniteShares 2x Long is adequate.
GraniteShares Trading Alerts and Improvement Suggestions
| GraniteShares generated a negative expected return over the last 90 days | |
| GraniteShares has high historical volatility and very poor performance | |
| GraniteShares has high likelihood to experience some financial distress in the next 2 years | |
| GraniteShares 2x Long currently holds 549.75 K in liabilities. GraniteShares 2x Long has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist GraniteShares until it has trouble settling it off, either with new capital or with free cash flow. So, GraniteShares' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GraniteShares 2x Long sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GraniteShares to invest in growth at high rates of return. When we think about GraniteShares' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.13 M). | |
| GraniteShares 2x Long currently holds about 27.88 K in cash with (843.09 K) of positive cash flow from operations. |
GraniteShares Returns Distribution Density
The distribution of GraniteShares' historical returns is an attempt to chart the uncertainty of GraniteShares' future price movements. The chart of the probability distribution of GraniteShares daily returns describes the distribution of returns around its average expected value. We use GraniteShares 2x Long price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of GraniteShares returns is essential to provide solid investment analysis for GraniteShares.
| Mean Return | -0.67 | Value At Risk | -6.55 | Potential Upside | 4.99 | Standard Deviation | 3.53 |
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 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 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 or Trading--Leveraged Equity 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' 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 Dow Jones | -0.77 | |
β | Beta against Dow Jones | 1.45 | |
σ | Overall volatility | 3.44 | |
Ir | Information ratio | -0.21 |
GraniteShares Volatility Alert
GraniteShares 2x Long exhibits very low volatility with skewness of -0.45 and kurtosis of 0.76. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure GraniteShares' 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' 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 Fundamentals Vs Peers
Comparing GraniteShares' 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' direct or indirect competition across all of the common fundamentals between GraniteShares and the related equities. This way, we can detect undervalued stocks with similar characteristics as GraniteShares or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of GraniteShares' fundamental indicators could also be used in its relative valuation, which is a method of valuing GraniteShares by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare GraniteShares to competition |
| Fundamentals | GraniteShares | Peer Average |
| One Year Return | (39.10) % | (0.97) % |
GraniteShares 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 Buy or Sell Advice
When is the right time to buy or sell GraniteShares 2x Long? 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.
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Use Investing Ideas to Build Portfolios
In addition to having GraniteShares 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?
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Large & Mid Caps ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large & Mid Caps 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 Large & Mid Caps ETFs Theme or any other thematic opportunities.
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Check out GraniteShares 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of GraniteShares 2x 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' value that differs from its market value or its book value, called intrinsic value, which is GraniteShares' 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' market value can be influenced by many factors that don't directly affect GraniteShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that GraniteShares' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether GraniteShares represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, GraniteShares' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.