(AAPB) GraniteShares Trust - - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US38747R8842 • Trading--Leveraged Equity
AAPB: Financial, Swaps, Stocks, Leverage, Equity, Trading
The GraniteShares 2x Long Tilray Daily ETF (NASDAQ:AAPB) is a leveraged exchange-traded fund designed to provide twice the daily return of Tilray, Inc. The fund achieves this through swap agreements with major financial institutions, which can span from a single day to more than one year. These agreements allow the fund to replicate the performance of the underlying stock on a leveraged basis. As a non-diversified fund, it is permitted to concentrate its investments in a smaller number of securities, which can amplify both returns and risks.
The fund is categorized under Trading--Leveraged Equity and trades on the NASDAQ exchange. With an average volume of 143,100 shares over the past 20 days, it maintains moderate liquidity. The funds current price is $30.00, with key moving averages at $30.28 (20-day), $30.38 (50-day), and $28.50 (200-day). The Average True Range (ATR) of 1.44 indicates moderate volatility. The funds assets under management (AUM) stand at $21.97 million, reflecting its niche focus on leveraged exposure to Tilray, Inc.
Over the next three months, the technical outlook for AAPB suggests a potential range-bound trajectory. The 20-day and 50-day moving averages are converging, indicating a possible period of consolidation. Support is likely to hold near the 200-day SMA at $28.50, while resistance may form at the recent high near $32.00. The ATR of 1.44 suggests average daily price movements of approximately 4.8%, which could lead to heightened volatility during this period.
From a fundamental perspective, the AUM of $21.97 million indicates limited institutional interest, which may result in reduced liquidity during periods of high market stress. However, the funds focus on Tilray, Inc., a prominent player in the cannabis industry, positions it to benefit from any positive developments in the sector. Traders should monitor broader market sentiment toward cannabis stocks, as this will likely be a key driver of AAPBs performance.
Overall, the 3-month forecast for AAPB points to a trading range between $28.50 and $32.00, with potential breakouts depending on sector-specific news. Traders should be prepared for heightened volatility and use tight stop-loss levels to manage risk effectively.
Additional Sources for AAPB ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
AAPB ETF Overview
Market Cap in USD | 13m |
Category | Trading--Leveraged Equity |
TER | 1.15% |
IPO / Inception | 2022-08-08 |
AAPB ETF Ratings
Growth 5y | 33.7% |
Fundamental | - |
Dividend | 1.0% |
Rel. Strength Industry | 19.7 |
Analysts | - |
Fair Price Momentum | 19.96 USD |
Fair Price DCF | - |
AAPB Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | % |
Annual Growth 5y | -100.00% |
Payout Consistency | 1.0% |
AAPB Growth Ratios
Growth Correlation 3m | -60.6% |
Growth Correlation 12m | 75.5% |
Growth Correlation 5y | 77.5% |
CAGR 5y | 4.73% |
CAGR/Max DD 5y | 0.10 |
Sharpe Ratio 12m | 1.85 |
Alpha | 16.09 |
Beta | 1.73 |
Volatility | 66.13% |
Current Volume | 148.2k |
Average Volume 20d | 147.1k |
As of March 16, 2025, the stock is trading at USD 23.74 with a total of 148,245 shares traded.
Over the past week, the price has changed by -20.87%, over one month by -24.94%, over three months by -30.42% and over the past year by +31.52%.
Neither. Based on ValueRay Analyses, GraniteShares Trust - is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 33.70 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of AAPB as of March 2025 is 19.96. This means that AAPB is currently overvalued and has a potential downside of -15.92%.
GraniteShares Trust - has no consensus analysts rating.
According to ValueRays Forecast Model, AAPB GraniteShares Trust - will be worth about 23.7 in March 2026. The stock is currently trading at 23.74. This means that the stock has a potential downside of -0.21%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 23.7 | -0.2% |