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GTES

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    24.2004$
  • Previous Close
    24.1197$
  • 52 Week Change
    10.96$
  • Day Range
    0.08$
  • 52 Week High/Low
    14.6957$ - 25.66$
  • Dividend Per Share
    --
  • Market cap
    6 257 M$
  • EPS
    0.39
  • Beta
    1.245
  • Volume
    --

About

GTES.US represents the stock of GraniteShares 1.75x Long Tesla Daily ETF. This exchange-traded fund (ETF) is designed to provide 1.75 times the daily performance of Tesla (TSLA) stock. It is a leveraged ETF, meaning it uses financial instruments like derivatives to amplify returns, but also magnifies potential losses. As a daily leveraged product, it is important to note that its performance over periods longer than a single day can deviate significantly from 1.75 times Tesla's cumulative return due to the effects of compounding. Investors should fully understand the risks associated with leveraged ETFs before investing, including the potential for significant losses and the impact of daily rebalancing.
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Factors

GTES.US stock price is influenced by several factors: Company Performance: Revenue, earnings, and profitability directly impact investor confidence and stock valuation.

Industry Trends: The overall health and growth prospects of the telecommunications equipment sector influence investor sentiment towards GTES.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth can affect GTES's business and stock price.

Market Sentiment: General investor optimism or pessimism in the stock market can drive GTES.US price fluctuations.

Competitive Landscape: Actions of competitors, technological advancements, and market share shifts affect GTES's position and valuation.

Regulatory Environment: Government regulations and policies related to telecommunications can impact GTES's operations and profitability.

Technological Innovation: Developments in telecommunications technology and GTES's ability to adapt influence its market position.

Global Events: Geopolitical events, trade policies, and global economic conditions can affect GTES's international operations and supply chain.

Investor Confidence: News about GTES, analyst ratings, and investor perception influence demand and stock price.

Financial Health: GTES's debt levels, cash flow, and financial stability impact investor confidence and valuation.

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