USCF ETF Financial Statements From 2010 to 2024
ZSC Etf | 23.28 0.04 0.17% |
Check USCF ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among USCF ETF'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 ETF Valuation or Volatility modules.
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USCF ETF Trust ETF One Year Return Analysis
USCF ETF's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current USCF ETF One Year Return | (5.80) % |
Most of USCF ETF's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, USCF ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, USCF ETF Trust has an One Year Return of -5.8%. This is much lower than that of the family and significantly lower than that of the Commodities Broad Basket category. The one year return for all United States etfs is notably higher than that of the company.
About USCF ETF Financial Statements
USCF ETF stakeholders use historical fundamental indicators, such as USCF ETF's revenue or net income, to determine how well the company is positioned to perform in the future. Although USCF ETF investors may analyze each financial statement separately, they are all interrelated. For example, changes in USCF ETF's assets and liabilities are reflected in the revenues and expenses on USCF ETF's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in USCF ETF Trust. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 the analysis of USCF ETF Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.