(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

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
What is the price of AAPB stocks?
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%.
Is GraniteShares Trust - a good stock to buy?
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%.
Is AAPB a buy, sell or hold?
GraniteShares Trust - has no consensus analysts rating.
What are the forecast for AAPB stock price target?
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%