Graniteshares 2x Long Etf Performance
| MRAL Etf | USD 22.40 0.17 0.75% |
The etf retains a Market Volatility (i.e., Beta) of 3.73, 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
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in GraniteShares 2x Long are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain basic indicators, GraniteShares disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
GraniteShares | Build AI portfolio with GraniteShares Etf |
GraniteShares Relative Risk vs. Return Landscape
If you would invest 1,602 in GraniteShares 2x Long on April 30, 2025 and sell it today you would earn a total of 638.00 from holding GraniteShares 2x Long or generate 39.83% return on investment over 90 days. GraniteShares 2x Long is currently generating 0.977% in daily expected returns and assumes 9.3288% risk (volatility on return distribution) over the 90 days horizon. In different words, 83% of etfs are less volatile than GraniteShares, and 81% of all 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 = 0.1047
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Estimated Market Risk
| 9.33 actual daily | 83 83% of assets are less volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average GraniteShares is performing at about 8% 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 Fundamentals Growth
GraniteShares Etf prices reflect investors' perceptions of the future prospects and financial health of GraniteShares, and GraniteShares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on GraniteShares Etf performance.
| Return On Equity | -49.24 | |||
| Return On Asset | -46.65 | |||
| Profit Margin | (253.05) % | |||
| Operating Margin | (149.85) % | |||
| Current Valuation | 1.04 M | |||
| Shares Outstanding | 17.23 M | |||
| Price To Book | 0.45 X | |||
| Price To Sales | 1.84 X | |||
| Revenue | 750.82 K | |||
| Cash And Equivalents | 341.37 K | |||
| Cash Per Share | 0.02 X | |||
| Book Value Per Share | 0.18 X | |||
| Cash Flow From Operations | (1.46 M) | |||
| Earnings Per Share | (0.11) X | |||
About GraniteShares Performance
By examining GraniteShares' fundamental ratios, stakeholders can obtain critical insights into GraniteShares' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that GraniteShares is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Amazing Loans Corporation, a consumer finance company, provides unsecured online consumer loans to individuals in the United States. Amazing Loans Corporation was founded in 1999 and is headquartered in Las Vegas, Nevada. MR AMAZING operates under Credit Services classification in USA and is traded on BATS Exchange. It employs 3 people.| GraniteShares is way too risky over 90 days horizon | |
| GraniteShares appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 750.82 K. Net Loss for the year was (1.9 M) with profit before overhead, payroll, taxes, and interest of 800.2 K. | |
| GraniteShares 2x Long currently holds about 341.37 K in cash with (1.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 40.0% of the company outstanding shares are owned by corporate insiders |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in GraniteShares 2x 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 nation. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
Please note, there is a significant difference between GraniteShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares' 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.