(AMZZ) GraniteShares 2x Long AMZN - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • • Trading--Leveraged Equity
AMZZ: Leveraged, Equity, Stock, Swap, Derivatives, Trading, Investments
The GraniteShares 2x Long AMZN Daily ETF (NASDAQ: AMZZ) is an actively managed exchange-traded fund designed to deliver twice the daily percentage change of Amazon Inc. (AMZN). It achieves this by entering into swap agreements tied to the performance of AMZN. The fund aims to provide 2x leveraged exposure to AMZNs daily returns, making it a trading tool for investors seeking amplified intraday gains. As a non-diversified fund, it concentrates its exposure on the underlying stock, aligning its performance closely with AMZNs daily movements.
Ticker Symbol: AMZZ | Exchange: NASDAQ | Type: ETF | Country Origin: USA | ETF Category: Trading--Leveraged Equity
Based on the provided data, here is a 3-month forecast:
Over the next three months, AMZZ is expected to face resistance near its SMA 50 (35.97) and SMA 20 (34.07) levels, as these have historically acted as overhead barriers. The funds ATR of 1.84 suggests moderate volatility, with potential price swings of 5-7% per week. Given its leveraged nature, AMZZ will likely amplify both upward and downward movements of AMZN, making it sensitive to broader market trends and Amazon-specific news. With an AUM of $38.60M, liquidity remains adequate but may be tested during periods of high volatility.
Additional Sources for AMZZ ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
AMZZ ETF Overview
| Market Cap in USD | 34m |
| Category | Trading--Leveraged Equity |
| TER | 1.15% |
| IPO / Inception | 2024-03-15 |
AMZZ ETF Ratings
| Growth 5y | 22.4% |
| Fundamental | - |
| Dividend | 0.0% |
| Rel. Strength Industry | -0.99 |
| Analysts | - |
| Fair Price Momentum | 20.77 USD |
| Fair Price DCF | - |
AMZZ Dividends
No Dividends PaidAMZZ Growth Ratios
| Growth Correlation 3m | -47.6% |
| Growth Correlation 12m | 54.7% |
| Growth Correlation 5y | 54.7% |
| CAGR 5y | 9.06% |
| CAGR/Max DD 5y | 0.24 |
| Sharpe Ratio 12m | 0.31 |
| Alpha | -12.15 |
| Beta | 2.62 |
| Volatility | 53.67% |
| Current Volume | 238.5k |
| Average Volume 20d | 338.5k |
As of March 16, 2025, the stock is trading at USD 27.24 with a total of 238,492 shares traded.
Over the past week, the price has changed by -1.73%, over one month by -26.12%, over three months by -30.47% and over the past year by +9.06%.
Neither. Based on ValueRay Analyses, GraniteShares 2x Long AMZN is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 22.41 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of AMZZ as of March 2025 is 20.77. This means that AMZZ is currently overvalued and has a potential downside of -23.75%.
GraniteShares 2x Long AMZN has no consensus analysts rating.
According to ValueRays Forecast Model, AMZZ GraniteShares 2x Long AMZN will be worth about 24.9 in March 2026. The stock is currently trading at 27.24. This means that the stock has a potential downside of -8.48%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 24.9 | -8.5% |