Uscf Gold Strategy Etf Price To Book
| GLDXDelisted Etf | USD 30.17 0.08 0.26% |
USCF Gold Strategy fundamentals help investors to digest information that contributes to USCF Gold's financial success or failures. It also enables traders to predict the movement of USCF Etf. The fundamental analysis module provides a way to measure USCF Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to USCF Gold etf.
USCF |
USCF Gold Strategy ETF Price To Book Analysis
USCF Gold's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current USCF Gold Price To Book | 2.41 X |
Most of USCF Gold's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, USCF Gold Strategy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, USCF Gold Strategy has a Price To Book of 2.41 times. This is 127.36% higher than that of the USCF Investments family and significantly higher than that of the Commodities Focused category. The price to book for all United States etfs is notably lower than that of the firm.
USCF Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses USCF Gold's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of USCF Gold could also be used in its relative valuation, which is a method of valuing USCF Gold by comparing valuation metrics of similar companies.USCF Gold is currently under evaluation in price to book as compared to similar ETFs.
USCF Fundamentals
| Shares Outstanding | 2.06 B | |||
| Price To Earning | 36.35 X | |||
| Price To Book | 2.41 X | |||
| Price To Sales | 4.45 X | |||
| Total Asset | 2.87 M | |||
| Annual Yield | 4.36 % | |||
| One Year Return | 21.30 % | |||
| Net Asset | 2.87 M |
About USCF Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze USCF Gold Strategy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of USCF Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of USCF Gold Strategy based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in USCF Etf
If you are still planning to invest in USCF Gold Strategy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the USCF Gold's history and understand the potential risks before investing.
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