United States Commodity Etf Price on December 3, 2024
USCI Etf | USD 66.30 0.33 0.50% |
Below is the normalized historical share price chart for United States Commodity extending back to August 10, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of United States stands at 66.30, as last reported on the 11th of December 2024, with the highest price reaching 66.30 and the lowest price hitting 65.97 during the day.
If you're considering investing in United Etf, it is important to understand the factors that can impact its price. United States is very steady at the moment. United States Commodity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the etf had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for United States Commodity, which you can use to evaluate the volatility of the etf. Please validate United States' Risk Adjusted Performance of 0.1452, semi deviation of 0.6958, and Coefficient Of Variation of 503.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
United Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.68 | 200 Day MA 61.809 | 50 Day MA 63.4552 | Inception Date 2010-08-10 | Beta 0.91 |
United |
Sharpe Ratio = 0.1883
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Estimated Market Risk
0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average United States is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of United States by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 60.4 K | Market Capitalisation {Big=0, Small=0, Mega=7.19501, Medium=0, Micro=0} |
United States Valuation on December 3, 2024
It is possible to determine the worth of United States on a given historical date. On December 3, 2024 United was worth 64.0 at the beginning of the trading date compared to the closed value of 64.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United States etf. Still, in general, we apply an absolute valuation method to find United States' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of United States where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United States' related companies.
Open | High | Low | Close | Volume | |
64.67 | 64.67 | 64.19 | 64.38 | 4,600 | |
12/03/2024 | 64.00 | 64.98 | 64.00 | 64.92 | 6,000 |
65.31 | 65.31 | 64.64 | 64.78 | 5,341 |
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United States Trading Date Momentum on December 3, 2024
On December 04 2024 United States Commodity was traded for 64.78 at the closing time. The top price for the day was 65.31 and the lowest listed price was 64.64 . The trading volume for the day was 5.3 K. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.22% . The trading price change against the current closing price is 1.62% . |
United States Commodity Fundamentals Correlations and Trends
By evaluating United States' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among United States' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United States Etf history
United States investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United States Commodity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing United States stock prices may prove useful in developing a viable investing in United States
The fund seeks to achieve its investment objective by investing to the fullest extent possible in the Benchmark Component Futures Contracts. US Commodity is traded on NYSEARCA Exchange in the United States.
United States Etf Technical Analysis
United States technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
United States Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
United States Commodity cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
United States December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how United States etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United States shares will generate the highest return on investment. By undertsting and applying United States etf market strength indicators, traders can identify United States Commodity entry and exit signals to maximize returns
United States Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United States' price direction in advance. Along with the technical and fundamental analysis of United Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of United to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1452 | |||
Jensen Alpha | 0.1928 | |||
Total Risk Alpha | 0.025 | |||
Sortino Ratio | 0.0555 | |||
Treynor Ratio | (0.62) |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of United States Commodity is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.