AMDL 📈 GraniteShares 2x Long AMD - Overview
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • • Trading--Leveraged Equity
AMDL: Swap Agreements, Derivatives, ETF, Stocks
The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering into a swap agreement on the underlying stock. It aims to generate 2 times the daily performance of the underlying stock for a single day. The fund is non-diversified.
Additional Sources for AMDL ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
AMDL ETF Overview
| Market Cap in USD | 257m |
| Category | Trading--Leveraged Equity |
| TER | 1.15% |
| IPO / Inception | 2024-03-15 |
AMDL ETF Ratings
| Growth 5y | -70.9% |
| Fundamental | - |
| Dividend | - |
| Rel. Strength Industry | -473 |
| Analysts | - |
| Fair Price Momentum | 5.13 USD |
| Fair Price DCF | - |
AMDL Dividends
No Dividends PaidAMDL Growth Ratios
| Growth Correlation 3m | -93% |
| Growth Correlation 12m | -79% |
| Growth Correlation 5y | -79% |
| CAGR 5y | -70.56% |
| CAGR/Mean DD 5y | -1.93 |
| Sharpe Ratio 12m | -1.18 |
| Alpha | -181.11 |
| Beta | 4.94 |
| Volatility | 90.30% |
| Current Volume | 10338.1k |
| Average Volume 20d | 7211.5k |
What is the price of AMDL stocks?
As of December 22, 2024, the stock is trading at USD 7.51 with a total of 10,338,064 shares traded.
Over the past week, the price has changed by -12.06%, over one month by -26.37%, over three months by -45.54% and over the past year by -70.56%.
As of December 22, 2024, the stock is trading at USD 7.51 with a total of 10,338,064 shares traded.
Over the past week, the price has changed by -12.06%, over one month by -26.37%, over three months by -45.54% and over the past year by -70.56%.
Is GraniteShares 2x Long AMD a good stock to buy?
No, based on ValueRay Analyses, GraniteShares 2x Long AMD (NASDAQ:AMDL) is currently (December 2024) a stock to sell. It has a ValueRay Growth Rating of -70.87 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of AMDL as of December 2024 is 5.13. This means that AMDL is currently overvalued and has a potential downside of -31.69%.
No, based on ValueRay Analyses, GraniteShares 2x Long AMD (NASDAQ:AMDL) is currently (December 2024) a stock to sell. It has a ValueRay Growth Rating of -70.87 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of AMDL as of December 2024 is 5.13. This means that AMDL is currently overvalued and has a potential downside of -31.69%.
Is AMDL a buy, sell or hold?
GraniteShares 2x Long AMD has no consensus analysts rating.
GraniteShares 2x Long AMD has no consensus analysts rating.
What are the forecast for AMDL stock price target?
According to ValueRays Forecast Model, AMDL GraniteShares 2x Long AMD will be worth about 6.2 in December 2025. The stock is currently trading at 7.51. This means that the stock has a potential downside of -17.98%.
According to ValueRays Forecast Model, AMDL GraniteShares 2x Long AMD will be worth about 6.2 in December 2025. The stock is currently trading at 7.51. This means that the stock has a potential downside of -17.98%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 6.2 | -18% |