GraniteShares Bloomberg Financial Statements From 2010 to 2024
| COMB Etf | USD 21.14 0.02 0.09% |
Check GraniteShares Bloomberg 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 exotic indicators such as . GraniteShares financial statements analysis is a perfect complement when working with GraniteShares Bloomberg Valuation or Volatility modules.
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GraniteShares Bloomberg Commodity ETF Beta Analysis
GraniteShares Bloomberg's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current GraniteShares Bloomberg Beta | 1.0 |
Most of GraniteShares Bloomberg's fundamental indicators, such as Beta, 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 Bloomberg Commodity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, GraniteShares Bloomberg Commodity has a Beta of 1.0. This is much higher than that of the Graniteshares family and significantly higher than that of the Commodities Broad Basket category. The beta for all United States etfs is notably lower than that of the firm.
About GraniteShares Bloomberg Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include GraniteShares Bloomberg income statement, its balance sheet, and the statement of cash flows. GraniteShares Bloomberg investors use historical funamental indicators, such as GraniteShares Bloomberg's revenue or net income, to determine how well the company is positioned to perform in the future. Although GraniteShares Bloomberg investors may use each financial statement separately, they are all related. The changes in GraniteShares Bloomberg's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GraniteShares Bloomberg's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on GraniteShares Bloomberg Financial Statements. Understanding these patterns can help to make the right decision on long term investment in GraniteShares Bloomberg. Please read more on our technical analysis and fundamental analysis pages.
The fund is an actively managed ETF that seeks to provide long-term capital appreciation, primarily through exposure to commodity futures markets. Commodity Broad is traded on NYSEARCA Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether GraniteShares Bloomberg offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GraniteShares Bloomberg's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graniteshares Bloomberg Commodity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Graniteshares Bloomberg Commodity Etf:Check out the analysis of GraniteShares Bloomberg Correlation against competitors. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of GraniteShares Bloomberg 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Bloomberg's 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 Bloomberg's market value can be influenced by many factors that don't directly affect GraniteShares Bloomberg's 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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares Bloomberg'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.