(NVDL) GraniteShares 1.5x Long DA - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US38747R8271 • Trading--Leveraged Equity
NVDL: Swap Agreements, Financial Derivatives, Options, Futures, Stocks
The GraniteShares 1.5x Long NVDA Daily ETF (NASDAQ:NVDL) operates by engaging in swap agreements with major financial institutions, spanning periods from a day to over a year. These agreements facilitate the exchange of returns on the underlying stock, NVDA, between the fund and the institution. As a non-diversified fund, it concentrates its investments, which can heighten both risks and potential returns.
With a modest 1.5x leverage, this ETF offers a balance between amplified returns and reduced volatility compared to higher-leveraged funds. However, its crucial to recognize the daily reset mechanism, which recalibrates the leverage each day. This can lead to deviations between the ETFs performance and the underlying stocks returns over extended periods, a phenomenon known as decay. Additionally, the reliance on derivatives introduces counterparty risk, a factor investors should carefully consider.
Targeting active traders and investors seeking short-term exposure to NVDA, this ETF is structured for tactical, rather than strategic, investments. Its focus is on daily returns, making it less suitable for buy-and-hold strategies. The funds assets under management (AUM) of approximately $5.18 billion indicate significant liquidity, supporting efficient trading without substantial market impact.
Investors should evaluate their risk tolerance and investment horizon before considering NVDL. The absence of traditional valuation metrics like P/E or P/B underscores the need for a thorough understanding of leveraged ETF dynamics. As with any leveraged product, understanding the underlying mechanisms and associated risks is essential for informed decision-making.
Additional Sources for NVDL ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NVDL ETF Overview
Market Cap in USD | 3,984m |
Category | Trading--Leveraged Equity |
TER | 1.15% |
IPO / Inception | 2022-12-12 |
NVDL ETF Ratings
Growth 5y | 55.3% |
Fundamental | - |
Dividend | 1.0% |
Rel. Strength Industry | -5.57 |
Analysts | - |
Fair Price Momentum | 38.35 USD |
Fair Price DCF | - |
NVDL Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | % |
Annual Growth 5y | -100.00% |
Payout Consistency | 1.0% |
NVDL Growth Ratios
Growth Correlation 3m | -74.4% |
Growth Correlation 12m | 39.5% |
Growth Correlation 5y | 93.5% |
CAGR 5y | 191.28% |
CAGR/Max DD 5y | 3.38 |
Sharpe Ratio 12m | 0.87 |
Alpha | -27.76 |
Beta | 6.09 |
Volatility | 158.50% |
Current Volume | 25509.8k |
Average Volume 20d | 26512.1k |
As of March 14, 2025, the stock is trading at USD 43.07 with a total of 25,509,800 shares traded.
Over the past week, the price has changed by +8.49%, over one month by -29.98%, over three months by -35.77% and over the past year by +1.06%.
Partly, yes. Based on ValueRay Analyses, GraniteShares 1.5x Long DA (NASDAQ:NVDL) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 55.34 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NVDL as of March 2025 is 38.35. This means that NVDL is currently overvalued and has a potential downside of -10.96%.
GraniteShares 1.5x Long DA has no consensus analysts rating.
According to ValueRays Forecast Model, NVDL GraniteShares 1.5x Long DA will be worth about 46 in March 2026. The stock is currently trading at 43.07. This means that the stock has a potential upside of +6.85%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 46 | 6.8% |