(BABX) GraniteShares 1.75x Long - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US38747R8685 • Trading--Leveraged Equity
BABX: Daily, Leveraged, Equity, Stock
The GraniteShares 1.75x Long BABA Daily ETF (NASDAQ:BABX) is a leveraged equity exchange-traded fund designed to provide 1.75 times the daily return of Alibaba Group Holding Limited (BABA). The fund achieves this exposure through swap agreements with major financial institutions, which allow it to replicate the targeted leverage without directly holding the underlying stock. These agreements can span from a day to over a year, enabling the fund to maintain its leveraged position. As a non-diversified fund, it concentrates its exposure on the performance of BABA, which increases potential returns but also amplifies risk.
From a structural standpoint, the fund operates by entering into total return swap agreements. These contracts obligate the fund and its counterparties to exchange the returns (or differences in returns) of BABA over the agreed term. This synthetic approach allows the fund to deliver leveraged exposure without the need for physical ownership of the underlying shares. However, this method introduces counterparty risk, as the funds performance is dependent on the financial health and stability of its swap providers.
The funds technical profile indicates moderate trading activity, with an average 20-day volume of 1,878,408 shares. Its current price of $35.26 is above its 20-day moving average of $32.61, suggesting recent upward momentum. However, the 50-day moving average of $23.18 and the 200-day moving average of $19.39 reflect a longer-term upward trend. The Average True Range (ATR) of 2.26 highlights moderate volatility, with price fluctuations expected to remain within a defined range in the near term.
From a fundamental perspective, the funds assets under management (AUM) of $133.74 million reflect a modest but significant pool of capital, indicating investor interest in leveraged exposure to BABA. This size allows for reasonable liquidity, though the funds trading volumes and spreads should be monitored for efficiency. The non-diversified nature of the fund means it is inherently more volatile and sensitive to the price movements of BABA compared to diversified ETFs.
3-Month Forecast: Based on the current technical and fundamental data, BABX is expected to trade within a range of $30 to $40 over the next three months. The funds 20-day moving average of $32.61 and 50-day moving average of $23.18 suggest upward momentum, while the ATR of 2.26 indicates potential price swings of approximately 6-8% per month. The AUM of $133.74 million provides moderate liquidity, but the funds leveraged nature and reliance on swap agreements introduce counterparty and volatility risks that could impact performance.
Additional Sources for BABX ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BABX ETF Overview
Market Cap in USD | 149m |
Category | Trading--Leveraged Equity |
TER | 1.15% |
IPO / Inception | 2022-12-12 |
BABX ETF Ratings
Growth 5y | 28.3% |
Fundamental | - |
Dividend | 0.0% |
Rel. Strength Industry | 168 |
Analysts | - |
Fair Price Momentum | 41.70 USD |
Fair Price DCF | - |
BABX Dividends
No Dividends PaidBABX Growth Ratios
Growth Correlation 3m | 84.4% |
Growth Correlation 12m | 74.4% |
Growth Correlation 5y | -32.8% |
CAGR 5y | 22.60% |
CAGR/Max DD 5y | 0.32 |
Sharpe Ratio 12m | 0.61 |
Alpha | 181.10 |
Beta | 1.46 |
Volatility | 124.87% |
Current Volume | 543.7k |
Average Volume 20d | 1240.8k |
As of March 15, 2025, the stock is trading at USD 41.03 with a total of 543,669 shares traded.
Over the past week, the price has changed by -0.17%, over one month by +22.26%, over three months by +146.13% and over the past year by +194.76%.
Neither. Based on ValueRay Analyses, GraniteShares 1.75x Long is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 28.26 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BABX as of March 2025 is 41.70. This means that BABX is currently overvalued and has a potential downside of 1.63%.
GraniteShares 1.75x Long has no consensus analysts rating.
According to ValueRays Forecast Model, BABX GraniteShares 1.75x Long will be worth about 48.7 in March 2026. The stock is currently trading at 41.03. This means that the stock has a potential upside of +18.77%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 48.7 | 18.8% |