USCF ETF Financials
| ZSC Etf | 23.28 0.04 0.17% |
USCF |
The data published in USCF ETF's official financial statements typically reflect USCF ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving USCF ETF's quantitative information. For example, before you start analyzing numbers published by USCF accountants, it's essential to understand USCF ETF's liquidity, profitability, and earnings quality within the context of the Commodities Broad Basket space in which it operates.
Please note, the presentation of USCF ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, USCF ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of USCF ETF's management manipulating its earnings.
| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US90290T8255 |
| CUSIP | 90290T825 |
| Region | Global |
| Investment Issuer | US Commodity Funds |
| Fund Category | Strategy |
| Portfolio Concentration | Broad Commodities |
| Benchmark | Dow Jones Industrial |
USCF ETF Trust Systematic Risk
USCF ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. USCF ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on USCF ETF Trust correlated with the market. If Beta is less than 0 USCF ETF generally moves in the opposite direction as compared to the market. If USCF ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one USCF ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of USCF ETF is generally in the same direction as the market. If Beta > 1 USCF ETF moves generally in the same direction as, but more than the movement of the benchmark.
About USCF ETF Financials
What exactly are USCF ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include USCF ETF's income statement, its balance sheet, and the statement of cash flows. Potential USCF ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although USCF ETF investors may use each financial statement separately, they are all related. The changes in USCF ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on USCF ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.USCF ETF Thematic Clasifications
USCF ETF Trust is part of several thematic ideas from Broad Commodities ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasUSCF ETF December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of USCF ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of USCF ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of USCF ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing USCF Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build USCF ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7083 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.18 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 1.22 |
Check out Your Current Watchlist 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 state. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.