GRANITESHARES FINANCIAL (UK) Performance

The company owns a Beta (Systematic Risk) of 1.0826, which attests to a somewhat significant risk relative to the market. Let's try to break down what GRANITESHARES's beta means in this case. GRANITESHARES FINANCIAL returns are very sensitive to returns on the market. As the market goes up or down, GRANITESHARES FINANCIAL is expected to follow. Even though it is essential to pay attention to GRANITESHARES FINANCIAL existing price patterns, it is always good to be careful when utilizing equity price patterns. Our approach towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. GRANITESHARES FINANCIAL exposes twenty-one different technical indicators, which can help you to evaluate its performance. GRANITESHARES FINANCIAL has an expected return of -0.77%. Please be advised to check out GRANITESHARES FINANCIAL PLC semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if GRANITESHARES FINANCIAL performance from the past will be repeated in the future.
  
GRANITESHARES Performance
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Over the last 90 days GRANITESHARES FINANCIAL PLC has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively steady basic indicators, GRANITESHARES FINANCIAL is not utilizing all of its potentials. The current stock price chaos, may contribute to medium-term losses for the stakeholders. ...more
Fifty Two Week Low1.9890
Fifty Two Week High4.9305

GRANITESHARES FINANCIAL Relative Risk vs. Return Landscape

If you would invest  330.00  in GRANITESHARES FINANCIAL PLC on May 16, 2022 and sell it today you would lose (150.00)  from holding GRANITESHARES FINANCIAL PLC or give up 45.45% of portfolio value over 90 days. GRANITESHARES FINANCIAL PLC is producing return of less than zero assuming 7.0168% volatility of returns over the 90 days investment horizon. Simply put, 60% of all stocks have less volatile historical return distribution than GRANITESHARES FINANCIAL, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon GRANITESHARES FINANCIAL is expected to under-perform the market. In addition to that, the company is 5.61 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.06 per unit of volatility.

GRANITESHARES FINANCIAL Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for GRANITESHARES FINANCIAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GRANITESHARES FINANCIAL PLC, and traders can use it to determine the average amount a GRANITESHARES FINANCIAL's 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 = -0.1094

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Estimated Market Risk
 7.02
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Expected Return
 -0.77
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Risk-Adjusted Return
 -0.11
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Based on monthly moving average GRANITESHARES FINANCIAL is performing at about 0% 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 FINANCIAL by adding it to a well-diversified portfolio.

About GRANITESHARES FINANCIAL Performance

To evaluate GRANITESHARES FINANCIAL Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when GRANITESHARES FINANCIAL generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare GRANITESHARES Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand GRANITESHARES FINANCIAL stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents GRANITESHARES's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.

Things to note about GRANITESHARES FINANCIAL

Checking the ongoing alerts about GRANITESHARES FINANCIAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GRANITESHARES FINANCIAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

GRANITESHARES FINANCIAL Alerts

Equity Alerts and Improvement Suggestions

GRANITESHARES FINANCIAL generated a negative expected return over the last 90 days
GRANITESHARES FINANCIAL has high historical volatility and very poor performance
GRANITESHARES FINANCIAL may become a speculative penny stock
Please continue to Trending Equities. Note that the GRANITESHARES FINANCIAL information on this page should be used as a complementary analysis to other GRANITESHARES FINANCIAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running GRANITESHARES FINANCIAL price analysis, check to measure GRANITESHARES FINANCIAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GRANITESHARES FINANCIAL is operating at the current time. Most of GRANITESHARES FINANCIAL's value examination focuses on studying past and present price action to predict the probability of GRANITESHARES FINANCIAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GRANITESHARES FINANCIAL's price. Additionally, you may evaluate how the addition of GRANITESHARES FINANCIAL to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between GRANITESHARES FINANCIAL's value and its price as these two are different measures arrived at by different means. Investors typically determine GRANITESHARES FINANCIAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GRANITESHARES FINANCIAL'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.