FBL 📈 GraniteShares 1.5x Long - Overview

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US38747R8438 • Trading--Leveraged Equity

FBL: Stocks, Swaps, Derivatives

The fund will enter into one or more swap agreements with major financial Institutions for a specified period ranging from a day to more than one year whereby the fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on the Underlying Stock.

Additional Sources for FBL ETF

FBL ETF Overview

Market Cap in USD 136m
Category Trading--Leveraged Equity
TER 1.15%
IPO / Inception 2022-12-12

FBL ETF Ratings

Growth 5y 79.0%
Fundamental -
Dividend 47.5%
Rel. Strength Industry 296
Analysts -
Fair Price Momentum 41.68 USD
Fair Price DCF -

FBL Dividends

Dividend Yield 12m 24.28%
Yield on Cost 5y 224.84%
Annual Growth 5y -100.00%
Payout Consistency 100.0%

FBL Growth Ratios

Growth Correlation 3m 25.1%
Growth Correlation 12m 74.2%
Growth Correlation 5y 96.2%
CAGR 5y 200.45%
CAGR/Mean DD 5y 26.19
Sharpe Ratio 12m 1.32
Alpha 54.05
Beta 2.50
Volatility 64.25%
Current Volume 651k
Average Volume 20d 582.7k
What is the price of FBL stocks?
As of December 22, 2024, the stock is trading at USD 32.97 with a total of 650,971 shares traded.
Over the past week, the price has changed by -11.39%, over one month by +5.54%, over three months by +4.63% and over the past year by +116.03%.
Is GraniteShares 1.5x Long a good stock to buy?
Yes. Based on ValueRay Analyses, GraniteShares 1.5x Long (NASDAQ:FBL) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 78.96 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FBL as of December 2024 is 41.68. This means that FBL is currently undervalued and has a potential upside of +26.42% (Margin of Safety).
Is FBL a buy, sell or hold?
GraniteShares 1.5x Long has no consensus analysts rating.
What are the forecast for FBL stock price target?
According to ValueRays Forecast Model, FBL GraniteShares 1.5x Long will be worth about 48.5 in December 2025. The stock is currently trading at 32.97. This means that the stock has a potential upside of +47.22%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 48.5 47.2%