Graniteshares 1x Short Etf Profile
AMDS Etf | 14.12 0.06 0.42% |
Performance0 of 100
| Odds Of DistressLess than 9
|
GraniteShares is selling for under 14.12 as of the 30th of November 2024; that is 0.42 percent decrease since the beginning of the trading day. The etf's lowest day price was 13.97. GraniteShares has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for GraniteShares 1x Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
GraniteShares is entity of United States. It is traded as Etf on NASDAQ exchange. More on GraniteShares 1x Short
Moving against GraniteShares Etf
GraniteShares Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Single Stock ETFs, Strategy ETFs, Trading--Inverse Equity (View all Sectors) |
Issuer | GraniteShares |
Inception Date | 2023-08-21 |
Entity Type | Regulated Investment Company |
Asset Under Management | 2.69 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Single Stock |
Market Concentration | Developed Markets |
Region | North America |
Administrator | ALPS Fund Services, Inc. |
Advisor | GraniteShares Advisors LLC |
Custodian | Brown Brothers Harriman & Co. |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | Benoit Autier, Jeff Klearman |
Transfer Agent | Brown Brothers Harriman & Co. |
Fiscal Year End | 30-Jun |
Exchange | NASDAQ |
Market Maker | IMC |
Total Expense | 1.43 |
Management Fee | 0.99 |
200 Day M A | 12.9051 |
Country Name | USA |
50 Day M A | 12.8369 |
Code | AMDS |
Updated At | 29th of November 2024 |
Returns Y T D | (7.99) |
Name | GraniteShares 1x Short AMD Daily ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01HX9PC83 |
Type | ETF |
1y Volatility | 41.37 |
GraniteShares 1x Short [AMDS] is traded in USA and was established null. The fund is listed under Trading--Inverse Equity. The entity is thematically classified as Single Stock ETFs. GraniteShares 1x Short presently have in assets under management (AUM). , while the total return for the last year was -24.7%.
Check GraniteShares Probability Of Bankruptcy
GraniteShares 1x Short Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0317 | |||
Jensen Alpha | 0.2685 | |||
Total Risk Alpha | (0.39) | |||
Sortino Ratio | (0.02) |
GraniteShares Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares 1x Short. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of GraniteShares 1x Short 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.