Uscf Etf Trust Etf Performance
| UDI Etf | USD 31.32 0.06 0.19% |
The entity owns a Beta (Systematic Risk) of 0.88, which indicates possible diversification benefits within a given portfolio. USCF ETF returns are very sensitive to returns on the market. As the market goes up or down, USCF ETF is expected to follow.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in USCF ETF Trust are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong fundamental indicators, USCF ETF is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
USCF |
USCF ETF Relative Risk vs. Return Landscape
If you would invest 2,956 in USCF ETF Trust on August 30, 2024 and sell it today you would earn a total of 176.00 from holding USCF ETF Trust or generate 5.95% return on investment over 90 days. USCF ETF Trust is generating 0.0949% of daily returns assuming volatility of 0.7942% on return distribution over 90 days investment horizon. In other words, 7% of etfs are less volatile than USCF, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
USCF ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for USCF ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as USCF ETF Trust, and traders can use it to determine the average amount a USCF ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1195
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | UDI | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average USCF ETF 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 ETF by adding it to a well-diversified portfolio.
About USCF ETF Performance
By evaluating USCF ETF's fundamental ratios, stakeholders can gain valuable insights into USCF ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if USCF ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if USCF ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.