Uscf Gold Strategy Etf Price on April 23, 2024

USG Etf  USD 29.86  0.25  0.84%   
If you're considering investing in USCF Etf, it is important to understand the factors that can impact its price. As of today, the current price of USCF Gold stands at 29.86, as last reported on the 1st of December, with the highest price reaching 29.86 and the lowest price hitting 29.86 during the day. At this point, USCF Gold is very steady. USCF Gold Strategy retains Efficiency (Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for USCF Gold, which you can use to evaluate the volatility of the etf. Please validate USCF Gold's downside deviation of 1.07, and Risk Adjusted Performance of 0.0823 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
USCF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1214

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Estimated Market Risk

 0.94
  actual daily
8
92% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average USCF Gold is performing at about 9% 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 USCF Gold by adding it to a well-diversified portfolio.

USCF Gold Valuation on April 23, 2024

It is possible to determine the worth of USCF Gold on a given historical date. On April 23, 2024 USCF was worth 25.74 at the beginning of the trading date compared to the closed value of 25.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of USCF Gold etf. Still, in general, we apply an absolute valuation method to find USCF Gold's 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 USCF Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against USCF Gold's related companies.
 Open High Low Close Volume
  25.77    25.77    25.64    25.69    1,279  
04/23/2024
  25.74    25.74    25.74    25.74    1,061  
  25.78    25.78    25.77    25.77    263.00  
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Open Value
25.74
25.74
Closing Value
28.55
Upside

USCF Gold Trading Date Momentum on April 23, 2024

On April 24 2024 USCF Gold Strategy was traded for  25.77  at the closing time. Highest USCF Gold's price during the trading hours was 25.78  and the lowest price during the day was  25.77 . The net volume was 263. The overall trading history on the 24th of April contributed to the next trading period price rise. The trading price change to the next next day price was 0.12% . The trading price change to current price is 0.89% .

USCF Gold Strategy Fundamentals Correlations and Trends

By evaluating USCF Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among USCF Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. USCF financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About USCF Gold Etf history

USCF Gold 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 USCF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in USCF Gold Strategy 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 USCF Gold stock prices may prove useful in developing a viable investing in USCF Gold
The fund adviser seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the physical gold and gold futures markets . The fund will only invest in COMEX Gold Warrants and gold futures through the subsidiary. The fund is non-diversified.

USCF Gold Etf Technical Analysis

USCF Gold 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.
A focus of USCF Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of USCF Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

USCF Gold Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

USCF Gold Strategy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

USCF Gold December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how USCF Gold etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading USCF Gold shares will generate the highest return on investment. By undertsting and applying USCF Gold etf market strength indicators, traders can identify USCF Gold Strategy entry and exit signals to maximize returns

USCF Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for USCF Gold's price direction in advance. Along with the technical and fundamental analysis of USCF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of USCF 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.

Other Information on Investing in USCF Etf

USCF Gold financial ratios help investors to determine whether USCF Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in USCF with respect to the benefits of owning USCF Gold security.