Graniteshares Etf Price on April 6, 2023

If you're considering investing in GraniteShares Etf, it is important to understand the factors that can impact its price. We have found zero technical indicators for GraniteShares, which you can use to evaluate the volatility of the entity.
  
GraniteShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average GraniteShares is not performing at its full potential. However, 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 GraniteShares to a well-diversified portfolio.

GraniteShares Valuation on April 6, 2023

It is possible to determine the worth of GraniteShares on a given historical date. On April 6, 2023 GraniteShares was worth 28.24 at the beginning of the trading date compared to the closed value of 27.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GraniteShares etf. Still, in general, we apply an absolute valuation method to find GraniteShares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GraniteShares' related companies.
 Open High Low Close Volume
  27.38    27.90    27.38    27.80    3,618  
04/06/2023
  28.24    28.59    27.61    27.80    13,700  
  28.71    29.00    27.87    27.91    4,200  
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Open Value
28.24
27.8
Closing Value
28.24
Upside

GraniteShares Trading Date Momentum on April 6, 2023

On April 10 2023 GraniteShares was traded for  27.91  at the closing time. The top price for the day was 29.00  and the lowest listed price was  27.87 . The trading volume for the day was 4.2 K. The trading history from April 10, 2023 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.40% . The overall trading delta against the current closing price is 0.86% .

About GraniteShares Etf history

GraniteShares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GraniteShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GraniteShares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GraniteShares stock prices may prove useful in developing a viable investing in GraniteShares
GraniteShares ETF Trust - GraniteShares 2x Long NIO Daily ETF is an exchange traded fund launched by GraniteShares Inc. Graniteshares is traded on NASDAQ Exchange in the United States.

GraniteShares Etf Technical Analysis

GraniteShares technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of GraniteShares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GraniteShares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

GraniteShares Period Price Range

Low
April 6, 2023
-0.44  -1.56%
High

 28.24 

     

 27.80 

GraniteShares May 2, 2024 Market Strength

Market strength indicators help investors to evaluate how GraniteShares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GraniteShares shares will generate the highest return on investment. By undertsting and applying GraniteShares etf market strength indicators, traders can identify GraniteShares entry and exit signals to maximize returns
When determining whether GraniteShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GraniteShares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graniteshares Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Graniteshares Etf:
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of GraniteShares 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.