GraniteShares ETF Valuation
| DRUP Etf | 55.83 0.30 0.54% |
At this time, the entity appears to be fairly valued. GraniteShares ETF Trust retains a regular Real Value of USD55.29 per share. The prevalent price of the entity is USD55.83. Our model calculates the value of GraniteShares ETF Trust from evaluating the entity fundamentals such as five year return of 15.70 %, and Beta of 1.12 as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that GraniteShares ETF's price fluctuation is very steady at this time. Calculation of the real value of GraniteShares ETF Trust is based on 3 months time horizon. Increasing GraniteShares ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
GraniteShares ETF's intrinsic value may or may not be the same as its current market price of 55.83, 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 55.83 | Real 55.29 | Hype 55.83 | Naive 54.83 |
The intrinsic value of GraniteShares ETF's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence GraniteShares ETF's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of GraniteShares ETF Trust 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 ETF more accurately as focusing exclusively on GraniteShares ETF's fundamentals will not take into account other important factors: About GraniteShares ETF Valuation
The etf valuation mechanism determines GraniteShares ETF's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of GraniteShares ETF Trust based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares ETF. We calculate exposure to GraniteShares ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of GraniteShares ETF's related companies. When determining whether GraniteShares ETF Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GraniteShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Graniteshares Etf Trust Etf. Highlighted below are key reports to facilitate an investment decision about Graniteshares Etf Trust Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in GraniteShares ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in GraniteShares Etf, please use our How to Invest in GraniteShares ETF guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of GraniteShares ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares ETF'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 ETF's market value can be influenced by many factors that don't directly affect GraniteShares ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares ETF'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.