Uscf Midstream Energy Etf Net Asset
| UMI Etf | USD 52.48 0.09 0.17% |
USCF Midstream Energy fundamentals help investors to digest information that contributes to USCF Midstream'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 Midstream'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 Midstream etf.
USCF |
USCF Midstream Energy ETF Net Asset Analysis
USCF Midstream's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current USCF Midstream Net Asset | 158.19 M |
Most of USCF Midstream's fundamental indicators, such as Net Asset, 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 Midstream Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, USCF Midstream Energy has a Net Asset of 158.19 M. This is 65.44% lower than that of the USCF Investments family and significantly higher than that of the Energy Limited Partnership category. The net asset for all United States etfs is 93.09% higher than that of the company.
USCF Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses USCF Midstream's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of USCF Midstream could also be used in its relative valuation, which is a method of valuing USCF Midstream by comparing valuation metrics of similar companies.USCF Midstream is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for USCF Midstream
The fund invests 99.32% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides USCF Midstream's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
USCF Fundamentals
| Beta | 0.78 | |||
| Total Asset | 158.19 M | |||
| One Year Return | 51.00 % | |||
| Three Year Return | 26.90 % | |||
| Net Asset | 158.19 M | |||
| Equity Positions Weight | 99.32 % |
About USCF Midstream Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze USCF Midstream Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of USCF Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of USCF Midstream Energy 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.
Currently Active Assets on Macroaxis
When determining whether USCF Midstream Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USCF Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Uscf Midstream Energy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Uscf Midstream Energy Etf:Check out USCF Midstream Piotroski F Score and USCF Midstream Altman Z Score analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of USCF Midstream Energy 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 Midstream's value that differs from its market value or its book value, called intrinsic value, which is USCF Midstream'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 Midstream's market value can be influenced by many factors that don't directly affect USCF Midstream'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 Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if USCF Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USCF Midstream'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.