USCF Daily Financial Statements From 2010 to 2026
| CPXR Etf | 28.11 0.19 0.68% |
Check USCF Daily financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among USCF Daily's main balance sheet or income statement drivers, such as , as well as many indicators such as . USCF financial statements analysis is a perfect complement when working with USCF Daily Valuation or Volatility modules.
This module can also supplement USCF Daily's financial leverage analysis and stock options assessment as well as various USCF Daily Technical models . Check out the analysis of USCF Daily Correlation against competitors. Pair Trading with USCF Daily
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if USCF Daily position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in USCF Daily will appreciate offsetting losses from the drop in the long position's value.Moving together with USCF Etf
| 0.75 | AGQ | ProShares Ultra Silver | PairCorr |
| 0.78 | UGL | ProShares Ultra Gold | PairCorr |
| 0.79 | DGP | DB Gold Double | PairCorr |
| 0.79 | GDXU | MicroSectors Gold Miners | PairCorr |
Moving against USCF Etf
| 0.82 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
| 0.8 | HPQ | HP Inc Aggressive Push | PairCorr |
| 0.62 | MSFT | Microsoft Sell-off Trend | PairCorr |
The ability to find closely correlated positions to USCF Daily could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace USCF Daily when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back USCF Daily - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling USCF Daily Target to buy it.
The correlation of USCF Daily is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as USCF Daily moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if USCF Daily Target moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for USCF Daily can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of USCF Daily Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of USCF Daily Target 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is USCF Daily's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because USCF Daily's market value can be influenced by many factors that don't directly affect USCF Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between USCF Daily's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding USCF Daily should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, USCF Daily's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.