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Upturn AI SWOT - About
GraniteShares 1x Short AMD Daily ETF (AMDS)
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Upturn Advisory Summary
01/21/2025: AMDS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 0.74% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 01/21/2025 |
Key Highlights
Volume (30-day avg) 47920 | Beta - | 52 Weeks Range 10.98 - 19.88 | Updated Date 04/1/2025 |
52 Weeks Range 10.98 - 19.88 | Updated Date 04/1/2025 |
Upturn AI SWOT
GraniteShares 1x Short AMD Daily ETF
ETF Overview
Overview
The GraniteShares 1x Short AMD Daily ETF (ticker: AMD) is designed to provide the inverse (-1x) of the daily performance of Advanced Micro Devices (AMD) stock. It's a leveraged ETF used by sophisticated investors to potentially profit from short-term declines in AMD's stock price. It does not provide a long-term investment strategy, but rather a tactical short-term one.
Reputation and Reliability
GraniteShares is a specialized ETF provider focused on leveraged and inverse products, considered reliable within its niche. However, leveraged products are inherently risky.
Management Expertise
GraniteShares has expertise in structuring and managing leveraged and inverse ETFs, but expertise in managing risk with these specialized products is essential.
Investment Objective
Goal
To provide investors with -1x the daily return of AMD stock.
Investment Approach and Strategy
Strategy: The ETF employs a strategy to achieve the inverse daily performance of AMD by using financial instruments such as swap agreements or other derivative instruments.
Composition The ETF primarily holds derivatives designed to replicate the inverse daily performance of AMD stock, not AMD stock itself.
Market Position
Market Share: Data is not readily available to calculate market share precisely, as inverse ETFs are a niche within the broader ETF market.
Total Net Assets (AUM): 27780885.32
Competitors
Key Competitors
Competitive Landscape
The competitive landscape is limited, as this is a specialized product. The advantage is its precise -1x daily inverse correlation. Disadvantages include the risks inherent to leveraged and inverse products.
Financial Performance
Historical Performance: Historical performance will heavily depend on AMD's daily price fluctuations. Inverse ETFs can exhibit significant volatility and tracking issues over longer periods.
Benchmark Comparison: The benchmark is the inverse daily return of AMD's stock. Performance should closely track this benchmark daily, but compounding effects will cause deviations over longer timeframes.
Expense Ratio: 0.0115
Liquidity
Average Trading Volume
The ETF has decent liquidity but could vary, investors should check trading volume before investing.
Bid-Ask Spread
The bid-ask spread will vary based on market conditions and trading volume; investors should be aware of it.
Market Dynamics
Market Environment Factors
AMD's stock price is affected by the semiconductor industry, technology trends, competition, and overall market sentiment.
Growth Trajectory
The ETF's assets will fluctuate based on investor demand for inverse exposure to AMD; there are no changes to strategy and holdings.
Moat and Competitive Advantages
Competitive Edge
The GraniteShares 1x Short AMD Daily ETF's primary advantage lies in its targeted exposure to the inverse daily performance of a specific, heavily traded stock. This offers a focused instrument for short-term tactical trading. Its design caters to sophisticated traders seeking to capitalize on potential short-term declines in AMD without directly shorting the stock. It offers a higher probability of profitability because the ETF is tied specifically to AMD, and nothing else.
Risk Analysis
Volatility
The ETF's volatility is high due to its leveraged and inverse nature. Daily resets can lead to significant deviations from the simple inverse of AMD's return over longer periods.
Market Risk
Market risk stems from the potential for AMD's stock price to increase, leading to losses in the ETF. Additionally, the use of derivatives introduces counterparty risk.
Investor Profile
Ideal Investor Profile
The ideal investor is a sophisticated trader with a high-risk tolerance seeking short-term inverse exposure to AMD.
Market Risk
This ETF is best suited for active traders with a short-term investment horizon and a strong understanding of leveraged and inverse products. It's not suitable for long-term investors.
Summary
The GraniteShares 1x Short AMD Daily ETF offers a tactical tool for short-term traders seeking to profit from potential daily declines in AMD's stock price. This leveraged and inverse ETF is not a long-term investment and carries significant risks due to its daily reset mechanism. Sophisticated investors should understand these risks before considering investment. Its value is directly tied to short term fluctuations of AMD's stock.
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Sources and Disclaimers
Data Sources:
- GraniteShares Website
- ETF.com
- Yahoo Finance
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and after consulting with a financial professional. Leveraged and inverse ETFs are complex products and may not be suitable for all investors.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About GraniteShares 1x Short AMD Daily ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively managed exchange traded fund that attempts to replicate the inverse (-100%) daily percentage change of the underlying stock by entering into a swap agreement on the underlying stock. The fund advisor aims to generate the inverse daily performance of the underlying stock for a single day. It is non-diversified.
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