CONL 📈 GraniteShares Trust - - Overview
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US38747R8016 • Trading--Leveraged Equity
CONL: Crypto, Derivatives, Swap, Agreement
The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change the underlying stock by entering into a swap agreement on the underlying stock. The fund aims to generate 2 times the daily performance of the underlying stock for a single day. It is non-diversified.
Additional Sources for CONL ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CONL ETF Overview
| Market Cap in USD | 1,760m |
| Category | Trading--Leveraged Equity |
| TER | 1.15% |
| IPO / Inception | 2022-08-08 |
CONL ETF Ratings
| Growth 5y | 50.2% |
| Fundamental | - |
| Dividend | 16.2% |
| Rel. Strength Industry | 61.1 |
| Analysts | - |
| Fair Price Momentum | 41.73 USD |
| Fair Price DCF | - |
CONL Dividends
| Dividend Yield 12m | 0.24% |
| Yield on Cost 5y | 0.52% |
| Annual Growth 5y | % |
| Payout Consistency | 100.0% |
CONL Growth Ratios
| Growth Correlation 3m | 80.5% |
| Growth Correlation 12m | 2.6% |
| Growth Correlation 5y | 75.1% |
| CAGR 5y | 37.75% |
| CAGR/Mean DD 5y | 0.80 |
| Sharpe Ratio 12m | 0.94 |
| Alpha | -86.96 |
| Beta | 5.26 |
| Volatility | 188.85% |
| Current Volume | 7827.9k |
| Average Volume 20d | 8714.9k |
What is the price of CONL stocks?
As of December 22, 2024, the stock is trading at USD 45.02 with a total of 7,827,900 shares traded.
Over the past week, the price has changed by -21.10%, over one month by -29.65%, over three months by +95.65% and over the past year by +47.20%.
As of December 22, 2024, the stock is trading at USD 45.02 with a total of 7,827,900 shares traded.
Over the past week, the price has changed by -21.10%, over one month by -29.65%, over three months by +95.65% and over the past year by +47.20%.
Is GraniteShares Trust - a good stock to buy?
Partly, yes. Based on ValueRay Analyses, GraniteShares Trust - (NASDAQ:CONL) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 50.19 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CONL as of December 2024 is 41.73. This means that CONL is currently overvalued and has a potential downside of -7.31%.
Partly, yes. Based on ValueRay Analyses, GraniteShares Trust - (NASDAQ:CONL) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 50.19 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CONL as of December 2024 is 41.73. This means that CONL is currently overvalued and has a potential downside of -7.31%.
Is CONL a buy, sell or hold?
GraniteShares Trust - has no consensus analysts rating.
GraniteShares Trust - has no consensus analysts rating.
What are the forecast for CONL stock price target?
According to ValueRays Forecast Model, CONL GraniteShares Trust - will be worth about 50.1 in December 2025. The stock is currently trading at 45.02. This means that the stock has a potential upside of +11.24%.
According to ValueRays Forecast Model, CONL GraniteShares Trust - will be worth about 50.1 in December 2025. The stock is currently trading at 45.02. This means that the stock has a potential upside of +11.24%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 50.1 | 11.2% |