Graniteshares 2x Long Etf Price History
AMDL Etf | 10.37 0.81 7.25% |
If you're considering investing in GraniteShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of GraniteShares stands at 10.37, as last reported on the 8th of September, with the highest price reaching 11.10 and the lowest price hitting 10.01 during the day. GraniteShares 2x Long holds Efficiency (Sharpe) Ratio of -0.0792, which attests that the entity had a -0.0792% return per unit of standard deviation over the last 3 months. GraniteShares 2x Long exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GraniteShares' market risk adjusted performance of (0.14), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
GraniteShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
GraniteShares |
Sharpe Ratio = -0.0792
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Negative Returns | AMDL |
Estimated Market Risk
6.36 actual daily | 56 56% of assets are less volatile |
Expected Return
-0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
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.
Average Mkt Cap Mil No Data |
GraniteShares Etf Price History Chart
There are several ways to analyze GraniteShares 2x Long Etf price data. The simplest method is using a basic GraniteShares candlestick price chart, which shows GraniteShares price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | July 10, 2024 | 20.93 |
Lowest Price | August 7, 2024 | 9.77 |
GraniteShares September 8, 2024 Etf Price Synopsis
Various analyses of GraniteShares' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell GraniteShares Etf. It can be used to describe the percentage change in the price of GraniteShares from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of GraniteShares Etf.GraniteShares Price Rate Of Daily Change | 0.93 | |
GraniteShares Price Action Indicator | (0.59) | |
GraniteShares Price Daily Balance Of Power | (0.74) |
GraniteShares September 8, 2024 Etf Price Analysis
GraniteShares Etf Price History Data
The price series of GraniteShares for the period between Mon, Jun 10, 2024 and Sun, Sep 8, 2024 has a statistical range of 11.16 with a coefficient of variation of 20.43. The prices are distributed with arithmetic mean of 14.5. The median price for the last 90 days is 14.53.Open | High | Low | Close | Volume | ||
09/08/2024 | 11.06 | 11.10 | 10.01 | 10.37 | ||
09/06/2024 | 11.06 | 11.10 | 10.01 | 10.37 | 1,015,691 | |
09/05/2024 | 11.00 | 11.52 | 10.93 | 11.18 | 887,861 | |
09/04/2024 | 11.38 | 11.80 | 11.05 | 11.41 | 1,033,191 | |
09/03/2024 | 12.38 | 12.38 | 10.70 | 10.82 | 1,369,773 | |
08/30/2024 | 12.56 | 12.85 | 12.24 | 12.79 | 851,571 | |
08/29/2024 | 12.45 | 12.95 | 12.12 | 12.28 | 1,487,452 | |
08/28/2024 | 12.96 | 13.11 | 12.17 | 12.45 | 1,712,205 | |
08/27/2024 | 13.08 | 13.36 | 12.81 | 13.16 | 1,410,208 | |
08/26/2024 | 13.92 | 14.56 | 12.90 | 13.09 | 2,257,900 | |
08/23/2024 | 13.75 | 14.22 | 13.42 | 13.98 | 1,702,543 | |
08/22/2024 | 14.72 | 14.90 | 13.28 | 13.42 | 2,573,436 | |
08/21/2024 | 14.28 | 14.68 | 14.04 | 14.53 | 1,834,576 | |
08/20/2024 | 14.35 | 15.30 | 13.94 | 14.30 | 5,319,678 | |
08/19/2024 | 12.86 | 14.11 | 12.80 | 14.10 | 3,395,500 | |
08/16/2024 | 12.40 | 13.06 | 12.34 | 12.91 | 1,272,740 | |
08/15/2024 | 12.02 | 12.82 | 11.84 | 12.73 | 2,348,286 | |
08/14/2024 | 12.04 | 12.05 | 11.14 | 11.64 | 2,010,731 | |
08/13/2024 | 11.25 | 11.72 | 11.12 | 11.71 | 2,052,309 | |
08/12/2024 | 10.62 | 11.21 | 10.46 | 11.02 | 1,902,727 | |
08/09/2024 | 10.67 | 10.82 | 10.32 | 10.62 | 1,408,667 | |
08/08/2024 | 10.29 | 10.98 | 9.83 | 10.97 | 1,891,517 | |
08/07/2024 | 10.59 | 10.95 | 9.75 | 9.77 | 2,038,000 | |
08/06/2024 | 10.87 | 10.96 | 9.85 | 10.01 | 2,944,142 | |
08/05/2024 | 8.84 | 11.43 | 8.75 | 10.78 | 4,847,848 | |
08/02/2024 | 10.56 | 11.11 | 10.26 | 10.41 | 3,981,724 | |
08/01/2024 | 12.58 | 12.99 | 10.02 | 10.43 | 6,265,747 | |
07/31/2024 | 13.58 | 14.02 | 12.05 | 12.51 | 9,639,395 | |
07/30/2024 | 11.78 | 12.06 | 10.79 | 11.51 | 4,396,136 | |
07/29/2024 | 12.00 | 12.54 | 11.58 | 11.74 | 1,961,270 | |
07/26/2024 | 11.84 | 11.99 | 11.51 | 11.79 | 1,603,711 | |
07/25/2024 | 12.52 | 12.65 | 11.25 | 11.52 | 2,652,828 | |
07/24/2024 | 14.11 | 14.33 | 12.61 | 12.63 | 1,741,752 | |
07/23/2024 | 14.60 | 14.96 | 14.38 | 14.41 | 980,278 | |
07/22/2024 | 14.50 | 14.88 | 14.15 | 14.76 | 2,984,255 | |
07/19/2024 | 14.58 | 14.72 | 13.79 | 13.98 | 2,018,991 | |
07/18/2024 | 16.24 | 16.26 | 14.29 | 14.76 | 3,316,897 | |
07/17/2024 | 17.75 | 17.75 | 15.51 | 15.52 | 3,908,800 | |
07/16/2024 | 19.88 | 19.92 | 18.79 | 19.43 | 2,180,220 | |
07/15/2024 | 20.96 | 21.21 | 19.66 | 19.94 | 2,372,318 | |
07/12/2024 | 20.41 | 21.57 | 19.95 | 20.35 | 2,739,051 | |
07/11/2024 | 21.00 | 21.62 | 19.39 | 20.47 | 5,087,776 | |
07/10/2024 | 20.01 | 21.64 | 19.60 | 20.93 | 5,397,142 | |
07/09/2024 | 19.62 | 20.14 | 18.90 | 19.39 | 3,620,010 | |
07/08/2024 | 18.97 | 19.84 | 18.62 | 19.80 | 3,890,549 | |
07/05/2024 | 17.15 | 18.77 | 17.06 | 18.32 | 2,975,905 | |
07/03/2024 | 16.74 | 17.00 | 16.40 | 16.69 | 1,623,277 | |
07/02/2024 | 15.39 | 16.86 | 15.36 | 16.80 | 2,004,000 | |
07/01/2024 | 16.20 | 16.22 | 14.70 | 15.53 | 2,501,048 | |
06/28/2024 | 16.06 | 17.27 | 15.92 | 16.44 | 1,326,737 | |
06/27/2024 | 15.38 | 16.13 | 15.38 | 15.92 | 766,857 | |
06/26/2024 | 16.16 | 16.16 | 15.24 | 15.52 | 796,989 | |
06/25/2024 | 16.18 | 16.19 | 15.31 | 16.07 | 897,683 | |
06/24/2024 | 16.00 | 16.70 | 15.67 | 16.09 | 1,197,585 | |
06/21/2024 | 16.40 | 16.65 | 15.64 | 16.31 | 1,368,600 | |
06/20/2024 | 15.27 | 17.38 | 15.23 | 16.40 | 3,449,365 | |
06/18/2024 | 15.51 | 15.55 | 14.80 | 15.02 | 1,123,700 | |
06/17/2024 | 15.73 | 15.95 | 14.95 | 15.79 | 1,263,900 | |
06/14/2024 | 15.81 | 16.37 | 15.63 | 16.00 | 565,500 | |
06/13/2024 | 16.19 | 16.65 | 15.60 | 16.11 | 861,700 | |
06/12/2024 | 16.21 | 16.56 | 15.88 | 16.19 | 894,000 |
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 2x Long 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 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.
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GraniteShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GraniteShares' price direction in advance. Along with the technical and fundamental analysis of GraniteShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of GraniteShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.66) | |||
Total Risk Alpha | (0.93) | |||
Treynor Ratio | (0.15) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 Trending Equities 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 unemployment. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.