Performance of PTIR GraniteShares 2x Long | 157.4% in 12m
Compare PTIR with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare GraniteShares 2x Long with its related Sector/Index QQQ
Performance Duell PTIR vs QQQ
| TimeFrame | PTIR | QQQ |
|---|---|---|
| 1 Week | 24.5% | -1.59% |
| 1 Month | 63.8% | 2.10% |
| 3 Months | 157.4% | 13.21% |
| 6 Months | 157.4% | 12.14% |
| 12 Months | 157.4% | 34.23% |
| YTD | 157.4% | 22.79% |
| Rel. Perf. 1m | 2.56 | |
| Rel. Perf. 3m | 7.23 | |
| Rel. Perf. 6m | 7.23 | |
| Rel. Perf. 12m | 7.23 | |
| Spearman 1m | 0.10 | -0.121 |
| Spearman 3m | 0.89 | 0.834 |
Is GraniteShares 2x Long a good stock to buy?
Yes. Based on ValueRay Analyses, GraniteShares 2x Long (NASDAQ:PTIR) is currently (November 2024)
a good stock to buy. It has a ValueRay Growth Rating of 69.46 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PTIR as of November 2024 is 78.63. This means that PTIR is currently undervalued and has a potential upside of +22.36% (Margin of Safety).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PTIR as of November 2024 is 78.63. This means that PTIR is currently undervalued and has a potential upside of +22.36% (Margin of Safety).
Is PTIR a buy, sell or hold?
GraniteShares 2x Long has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of 157.36%.
In compare to Invesco QQQ Trust, PTIR made 123.13% more over the last 12 months. Due to the outperformance, it is recommend to buy PTIR.
In compare to Invesco QQQ Trust, PTIR made 123.13% more over the last 12 months. Due to the outperformance, it is recommend to buy PTIR.
Values above 0%: PTIR is performing better - Values below 0%: PTIR is underperforming
Compare PTIR with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | 25.40% | 62.27% | 145.02% | 123.21% |
| US NASDAQ 100 | QQQ | 26.12% | 61.74% | 145.22% | 123.13% |
| US Dow Jones Industrial 30 | DIA | 20.86% | 59.60% | 143.86% | 126.87% |
| German DAX 40 | DAX | 26.23% | 65.43% | 153.32% | 131.81% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 22.31% | 84.64% | 146.10% | 144.02% |
| Hongkong Hang Seng | HSI | 22.81% | 73.52% | 146.91% | 147.96% |
| India NIFTY 50 | INDA | 25.42% | 66.19% | 152.82% | 133.46% |
| Brasil Bovespa | EWZ | 24.96% | 67.71% | 167.61% | 163.52% |
PTIR GraniteShares 2x Long vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | 23.64% | 59.99% | 142.18% | 117.67% |
| Consumer Discretionary | XLY | 23.18% | 59.82% | 144.03% | 129.82% |
| Consumer Staples | XLP | 23.95% | 63.57% | 149.45% | 136.60% |
| Energy | XLE | 21.88% | 67.41% | 159.13% | 148.52% |
| Financial | XLF | 24.98% | 60.25% | 142.76% | 116.40% |
| Health Care | XLV | 24.90% | 65.91% | 152.00% | 140.26% |
| Industrial | XLI | 24.18% | 63.16% | 146.88% | 120.99% |
| Materials | XLB | 25.01% | 65.12% | 152.39% | 135.48% |
| Real Estate | XLRE | 24.53% | 62.43% | 137.01% | 126.42% |
| Technology | XLK | 27.29% | 62.43% | 146.25% | 125.15% |
| Utilities | XLU | 25.69% | 65.20% | 141.70% | 126.18% |
| Aerospace & Defense | XAR | 25.63% | 64.82% | 146.10% | 125.65% |
| Biotech | XBI | 22.44% | 59.39% | 146.12% | 113.15% |
| Homebuilder | XHB | 21.63% | 66.08% | 146.09% | 101.25% |
| Retail | XRT | 22.46% | 61.25% | 152.65% | 130.16% |
Does GraniteShares 2x Long outperform its market, is PTIR a Sector Leader?
Yes, over the last 12 months GraniteShares 2x Long (PTIR) made 157.36%, while its related Sector, the Invesco QQQ Trust (QQQ) made 34.23%.
Over the last 3 months PTIR made 157.36%, while QQQ made 13.21%.
Yes, over the last 12 months GraniteShares 2x Long (PTIR) made 157.36%, while its related Sector, the Invesco QQQ Trust (QQQ) made 34.23%.
Over the last 3 months PTIR made 157.36%, while QQQ made 13.21%.
| Period | PTIR | QQQ | S&P 500 |
|---|---|---|---|
| 1 Month | 63.84% | 2.10% | 1.57% |
| 3 Months | 157.36% | 13.21% | 11.81% |
| 12 Months | 157.36% | 34.23% | 34.15% |