GraniteShares is selling for under 22.31 as of the 30th of November 2024; that is 3.57 percent increase since the beginning of the trading day. The etf's last reported lowest price was 21.8. GraniteShares has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over 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 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
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.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GraniteShares etf to make a market-neutral strategy. Peer analysis of GraniteShares could also be used in its relative valuation, which is a method of valuing GraniteShares by comparing valuation metrics with similar companies.