Graniteshares 2x Long Etf Profile

AMZZ Etf  USD 30.80  0.59  1.88%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
GraniteShares is trading at 30.80 as of the 28th of November 2024; that is 1.88 percent decrease since the beginning of the trading day. The etf's open price was 31.39. GraniteShares has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for GraniteShares 2x Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Amazonica, Corporation, doing business as EuroAmerican Hydrogen Corporation, develops technologies related to the manufacture, and research and development related to the production of pure hydrogen in Canada. The company has 616 M outstanding shares. More on GraniteShares 2x Long

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GraniteShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Single Stock ETFs, Trading--Leveraged Equity (View all Sectors)
IssuerGraniteShares
Inception Date2024-03-04
Entity TypeRegulated Investment Company
Asset Under Management28.29 Million
Asset TypeEquity
CategoryStrategy
FocusSingle Stock
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorALPS Fund Services, Inc.
AdvisorGraniteShares Advisors LLC
CustodianBrown Brothers Harriman & Co.
DistributorALPS Distributors, Inc.
Portfolio ManagerBenoit Autier, Jeff Klearman
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Jun
ExchangeNASDAQ
Market MakerIMC
Total Expense1.18
Management Fee0.99
Country NameUSA
CodeAMZZ
Updated At27th of November 2024
NameGraniteShares 2x Long AMZN Daily ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01LNX9683
TypeETF
GraniteShares 2x Long [AMZZ] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Strategy ETFs. GraniteShares 2x Long presently have in assets under management (AUM). GraniteShares 2x Long currently holds about 27.88 K in cash with (843.09 K) of positive cash flow from operations.
Check GraniteShares Probability Of Bankruptcy

GraniteShares 2x Long 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.

GraniteShares Against Markets

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 nation.
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 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.