Graniteshares 2x Long Etf Performance
| LCDL Etf | 21.90 0.40 1.86% |
The etf retains a Market Volatility (i.e., Beta) of 2.73, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GraniteShares will likely underperform.
Risk-Adjusted Performance
Soft
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in GraniteShares 2x Long are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite weak fundamental indicators, GraniteShares disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
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GraniteShares Relative Risk vs. Return Landscape
If you would invest 2,322 in GraniteShares 2x Long on May 7, 2025 and sell it today you would lose (172.00) from holding GraniteShares 2x Long or give up 7.41% of portfolio value over 90 days. GraniteShares 2x Long is currently generating 0.4815% in daily expected returns and assumes 12.2904% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than GraniteShares, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
GraniteShares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares 2x Long, and traders can use it to determine the average amount a GraniteShares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0392
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LCDL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.29 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average GraniteShares is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GraniteShares by adding it to a well-diversified portfolio.
| GraniteShares had very high historical volatility over the last 90 days |