GraniteShares Financial Statements From 2010 to 2024
| AMDS Etf | 14.12 0.06 0.42% |
Check GraniteShares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GraniteShares' main balance sheet or income statement drivers, such as , as well as many indicators such as . GraniteShares financial statements analysis is a perfect complement when working with GraniteShares Valuation or Volatility modules.
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GraniteShares 1x Short ETF One Year Return Analysis
GraniteShares' One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current GraniteShares One Year Return | (24.70) % |
Most of GraniteShares' fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GraniteShares 1x Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, GraniteShares 1x Short has an One Year Return of -24.7%. This is much lower than that of the family and significantly lower than that of the Trading--Inverse Equity category. The one year return for all United States etfs is notably higher than that of the company.
About GraniteShares Financial Statements
GraniteShares shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although GraniteShares investors may analyze each financial statement separately, they are all interrelated. The changes in GraniteShares' assets and liabilities, for example, are also reflected in the revenues and expenses on on GraniteShares' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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Check out the analysis of GraniteShares Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.