USCF ETF is trading at 31.04 as of the 24th of November 2024. This is a 1.17 percent up since the beginning of the trading day. The etf's open price was 30.68. USCF ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for USCF ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
USCF ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on USCF ETF Trust
USCF ETF Trust [UDI] is traded in USA and was established null. The fund is classified under Large Value. The entity is thematically classified as High Dividend Yield ETFs. USCF ETF Trust at this time have in net assets. , while the total return for the last year was 27.1%.
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The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in USCF ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether USCF ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USCF ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Uscf Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Uscf Etf Trust Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in USCF ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of USCF ETF Trust is measured differently than its book value, which is the value of USCF that is recorded on the company's balance sheet. Investors also form their own opinion of USCF ETF's value that differs from its market value or its book value, called intrinsic value, which is USCF ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because USCF ETF's market value can be influenced by many factors that don't directly affect USCF ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between USCF ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if USCF ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USCF ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.