Uscf Etf Trust Etf Price on August 10, 2023
ZSC Etf | 23.45 0.02 0.09% |
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 ETF stands at 23.45, as last reported on the 12th of December 2024, with the highest price reaching 23.45 and the lowest price hitting 23.45 during the day. At this point, USCF ETF is very steady. USCF ETF Trust retains Efficiency (Sharpe Ratio) of 0.0333, which indicates the etf had a 0.0333% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for USCF ETF, which you can use to evaluate the volatility of the etf. Please validate USCF ETF's risk adjusted performance of 0.0622, and Downside Deviation of 0.686 to confirm if the risk estimate we provide is consistent with the expected return of 0.0207%.
USCF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
USCF |
Sharpe Ratio = 0.0333
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Negative Returns | ZSC |
Estimated Market Risk
0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average USCF ETF is performing at about 2% 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 ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 3.1 K |
USCF ETF Main Headline on 10th of August 2023
This type of ETF is designed to hedge against volatility and... by news.google.com
This type of ETF is designed to hedge against volatility and help investors navigate a stormy stock market MarketWatch
USCF ETF Valuation on August 10, 2023
It is possible to determine the worth of USCF ETF on a given historical date. On August 10, 2023 USCF was worth 29.7 at the beginning of the trading date compared to the closed value of 29.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of USCF ETF etf. Still, in general, we apply an absolute valuation method to find USCF ETF'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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against USCF ETF's related companies.
Open | High | Low | Close | Volume | |
29.67 | 29.67 | 29.67 | 29.67 | 1.00 | |
08/10/2023 | 29.70 | 29.70 | 29.70 | 29.70 | 12.00 |
29.47 | 29.47 | 29.47 | 29.47 | 8.00 |
Backtest USCF ETF | | | USCF ETF History | | | USCF ETF Valuation | Previous | Next |
USCF ETF Trading Date Momentum on August 10, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About USCF ETF Etf history
USCF ETF 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 ETF Trust 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 ETF stock prices may prove useful in developing a viable investing in USCF ETF
USCF ETF Etf Technical Analysis
USCF ETF 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
USCF ETF Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
USCF ETF Trust 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.
USCF ETF December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how USCF ETF 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 ETF shares will generate the highest return on investment. By undertsting and applying USCF ETF etf market strength indicators, traders can identify USCF ETF Trust entry and exit signals to maximize returns
USCF ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for USCF ETF'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.
Risk Adjusted Performance | 0.0622 | |||
Jensen Alpha | 0.0462 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.1) | |||
Treynor Ratio | 11.97 |
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Volume Indicators |
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.