Graniteshares 2x Long Etf Buy Hold or Sell Recommendation
| AMDL Etf | 12.97 0.15 1.17% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding GraniteShares 2x Long is 'Strong Sell'. The recommendation algorithm takes into account all of GraniteShares' available fundamental, technical, and predictive indicators you will find on this site.
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. Note, 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 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 unemployment.
GraniteShares |
Execute GraniteShares 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 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 | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
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 | |
| Latest headline from news.google.com: AMDL How To Leverage Your Advanced Micro Devices Holding 2x - Seeking Alpha |
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 advice for GraniteShares.
| Mean Return | -0.13 | Value At Risk | -12.35 | Potential Upside | 9.36 | Standard Deviation | 6.44 |
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 Single Stock ETFs 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 | -0.4 | |
β | Beta against Dow Jones | 3.31 | |
σ | Overall volatility | 6.64 | |
Ir | Information ratio | -0.03 |
GraniteShares Volatility Alert
GraniteShares 2x Long is displaying above-average volatility over the selected time horizon. 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 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.
Please read more on our stock advisor page.
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?
Run Climate Change Thematic Idea Now
Climate Change
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 41 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 Climate Change Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in GraniteShares Etf
When determining whether GraniteShares 2x Long is a strong investment it is important to analyze GraniteShares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GraniteShares' future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports: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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.