(AAPB) GraniteShares Trust - Overview
Etf: Leveraged, ETF, Cannabis, Swaps, Single-Stock
Dividends
| Dividend Yield | 4.34% |
| Yield on Cost 5y | 6.98% |
| Yield CAGR 5y | -42.80% |
| Payout Consistency | 51.2% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 46.8% |
| Relative Tail Risk | -7.98% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.54 |
| Alpha | -12.15 |
| Character TTM | |
|---|---|
| Beta | 2.486 |
| Beta Downside | 2.750 |
| Drawdowns 3y | |
|---|---|
| Max DD | 58.13% |
| CAGR/Max DD | 0.48 |
Description: AAPB GraniteShares Trust December 23, 2025
The GraniteShares 2x Long Tilray Daily ETF (ticker AAPB) is an actively managed, non-diversified fund that seeks to deliver 200 % of the daily percentage change of Tilray, Inc. It does so primarily through swap agreements, supplemented by options and direct purchases of the underlying stock.
Key contextual points: Tilray’s Q3 2024 revenue rose 12 % YoY to $210 million, reflecting expanding medical-cannabis demand; the U.S. cannabis sector remains sensitive to federal regulatory developments, which can amplify price swings and thus benefit leveraged structures; AAPB carries an expense ratio of 0.85 % and typically trades with an average daily volume of ≈ 150,000 shares, indicating moderate liquidity for a niche leveraged product.
To better gauge ValueRay’s valuation and risk profile, reviewing its latest prospectus and market data is a prudent next step.
What is the price of AAPB shares?
Over the past week, the price has changed by +14.37%, over one month by +11.35%, over three months by +3.87% and over the past year by +20.10%.
Is AAPB a buy, sell or hold?
What are the forecasts/targets for the AAPB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 38.3 | 15.6% |
AAPB Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 36.1m USD (36.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 36.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 36.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 15.07% (E(36.1m)/V(36.1m) * Re(15.07%) + (debt-free company))
Discount Rate = 15.07% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)