(CONI) GraniteShares 1x Short COIN - Ratings and Ratios
Swap Agreements, Inverse Equity, Daily Trading, Non-Diversified Investments
Description: CONI GraniteShares 1x Short COIN
The GraniteShares 1x Short COIN Daily ETF (NASDAQ:CONI) is designed to provide inverse exposure to the daily performance of COIN, the ticker symbol for Coinbase Global, Inc. The fund achieves this through swap agreements with major financial institutions, exchanging returns on the underlying stock for a specified period. This non-diversified ETF is suited for traders seeking to capitalize on the daily decline of COIN.
As a Trading--Inverse Equity ETF, CONI is inherently designed for short-term trading rather than long-term investment. Its performance is closely tied to the daily movements of COIN, making it a tool for traders to hedge or speculate on daily declines. The use of swap agreements allows the fund to achieve its inverse exposure without directly shorting COIN stock.
Analyzing the available data, we see that CONI has been in a downtrend, reflected in its last price of $5.08, significantly lower than its 20-day, 50-day, and 200-day Simple Moving Averages (SMA) of $9.56, $12.35, and $14.19, respectively. The Average True Range (ATR) of 0.95 indicates a daily price volatility of 18.77%, suggesting that CONI is a high-risk, high-reward trading instrument. The funds Assets Under Management (AUM) stand at $16.16M USD, indicating a relatively small but still tradable ETF.
Forecasting CONIs performance requires analyzing both COINs potential daily movements and the implications of those movements on CONI. Given COINs volatility, a significant decline in COIN could lead to a substantial increase in CONI, and vice versa. If COIN experiences a downturn, CONI is poised to benefit. However, its inverse nature means that if COIN rallies, CONI will decline. Traders should closely monitor COINs daily performance and adjust their strategies accordingly. With the current SMA indicators suggesting a potential for COIN to continue its upward trend against CONI, traders may want to exercise caution or consider alternative strategies.
To capitalize on CONI, traders should focus on short-term strategies, potentially using technical indicators to time their entries and exits. The high volatility of CONI, as indicated by its ATR, suggests that stop-loss orders and position sizing will be crucial risk management tools. As the ETFs performance is directly tied to the daily inverse performance of COIN, staying abreast of news and events that could impact COINs stock price is essential for making informed trading decisions.
Additional Sources for CONI ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
CONI ETF Overview
Market Cap in USD | 23m |
Category | Trading--Inverse Equity |
IPO / Inception | 2024-09-04 |
CONI ETF Ratings
Growth Rating | -40.3 |
Fundamental | - |
Dividend Rating | 6.93 |
Rel. Strength | -92.5 |
Analysts | - |
Fair Price Momentum | 2.22 USD |
Fair Price DCF | - |
CONI Dividends
Dividend Yield 12m | 2.36% |
Yield on Cost 5y | 0.64% |
Annual Growth 5y | -100.00% |
Payout Consistency | 100.0% |
Payout Ratio | % |
CONI Growth Ratios
Growth Correlation 3m | -91.5% |
Growth Correlation 12m | -62.3% |
Growth Correlation 5y | -62.3% |
CAGR 5y | -90.90% |
CAGR/Max DD 5y | -0.98 |
Sharpe Ratio 12m | 0.17 |
Alpha | -72.30 |
Beta | -2.559 |
Volatility | 142.69% |
Current Volume | 7327.8k |
Average Volume 20d | 9248.3k |
Stop Loss | 2.1 (-9.5%) |
As of July 09, 2025, the stock is trading at USD 2.32 with a total of 7,327,778 shares traded.
Over the past week, the price has changed by -11.45%, over one month by -58.12%, over three months by -86.28% and over the past year by -90.90%.
Probably not. Based on ValueRay´s Analyses, GraniteShares 1x Short COIN (NASDAQ:CONI) is currently (July 2025) not a good stock to buy. It has a ValueRay Growth Rating of -40.26 and therefor a somwhat technical negative rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CONI is around 2.22 USD . This means that CONI is currently overvalued and has a potential downside of -4.31%.
GraniteShares 1x Short COIN has no consensus analysts rating.
According to our own proprietary Forecast Model, CONI GraniteShares 1x Short COIN will be worth about 2.4 in July 2026. The stock is currently trading at 2.32. This means that the stock has a potential upside of +3.02%.
Issuer | Target | Up/Down from current |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 2.4 | 3% |