BABX Stock Analysis: GraniteShares 2x Long BABA | NASDAQ
NASDAQ, USA | Market Cap: 115m USD | 12M Return: -73.2% | US38747R8685 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.14M
Warnings
Tailwinds
No distinct edge detected
Seasonality 3.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The GraniteShares 2x Long BABA Daily ETF (BABX) is an actively managed, non-diversified exchange-traded fund designed to deliver twice (200%) the daily percentage return of Alibaba Group Holding Limited (BABA), the underlying stock. To achieve this leveraged exposure, the fund employs a combination of financial instruments, including swaps and options on the underlying stock, as well as direct purchases of the underlying stock itself.
BABA, the ETFs reference asset, is a major Chinese multinational technology company whose core operations span e-commerce platforms, cloud computing services, and digital media, making it a key constituent of the Chinese consumer discretionary and technology sectors.
- China consumer spending recovery boosts core commerce revenue
- Cloud computing segment margins expand on AI demand
- Regulatory scrutiny on Ant Group and platform economy resurfaces
- E-commerce market share losses intensify against PDD competition
As of October 24, 2026, the stock is trading at USD 13.74 with a total of 477,422 shares traded. Over the past week, the price has changed by -16.88%, over one month by -20.49%, over three months by -28.10% and over the past year by -73.21%.
Current recommended Stop Loss: 12.70 (which is 7.6% or 1.1 ATR below the current price).
GraniteShares 2x Long BABA has no consensus analysts rating.