Uscf Summerhaven Dynamic Etf Market Value
| SDCI Etf | USD 20.59 0.11 0.53% |
| Symbol | USCF |
The market value of USCF SummerHaven Dynamic 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 SummerHaven's value that differs from its market value or its book value, called intrinsic value, which is USCF SummerHaven'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 SummerHaven's market value can be influenced by many factors that don't directly affect USCF SummerHaven'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 SummerHaven's value and its price as these two are different measures arrived at by different means. Investors typically determine if USCF SummerHaven is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USCF SummerHaven'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.
USCF SummerHaven 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to USCF SummerHaven's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of USCF SummerHaven.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in USCF SummerHaven on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding USCF SummerHaven Dynamic or generate 0.0% return on investment in USCF SummerHaven over 30 days. USCF SummerHaven is related to or competes with Abrdn Bloomberg, GraniteShares Bloomberg, IShares Bloomberg, IShares Commodity, and Abrdn Bloomberg. The fund seeks to maintain substantial economic exposure to the performance of the commodities markets More
USCF SummerHaven Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure USCF SummerHaven's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess USCF SummerHaven Dynamic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7013 | |||
| Information Ratio | 0.1722 | |||
| Maximum Drawdown | 3.57 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.3 |
USCF SummerHaven Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USCF SummerHaven's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USCF SummerHaven's standard deviation. In reality, there are many statistical measures that can use USCF SummerHaven historical prices to predict the future USCF SummerHaven's volatility.| Risk Adjusted Performance | 0.1416 | |||
| Jensen Alpha | 0.1296 | |||
| Total Risk Alpha | 0.1248 | |||
| Sortino Ratio | 0.1778 | |||
| Treynor Ratio | 9.33 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of USCF SummerHaven's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
USCF SummerHaven Dynamic Backtested Returns
USCF SummerHaven is very steady at the moment. USCF SummerHaven Dynamic retains Efficiency (Sharpe Ratio) of 0.17, which indicates the etf had a 0.17 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for USCF SummerHaven, which you can use to evaluate the volatility of the etf. Please validate USCF SummerHaven's downside deviation of 0.7013, and Risk Adjusted Performance of 0.1416 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The entity owns a Beta (Systematic Risk) of 0.0139, which indicates not very significant fluctuations relative to the market. As returns on the market increase, USCF SummerHaven's returns are expected to increase less than the market. However, during the bear market, the loss of holding USCF SummerHaven is expected to be smaller as well.
Auto-correlation | 0.50 |
Modest predictability
USCF SummerHaven Dynamic has modest predictability. Overlapping area represents the amount of predictability between USCF SummerHaven time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of USCF SummerHaven Dynamic price movement. The serial correlation of 0.5 indicates that about 50.0% of current USCF SummerHaven price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
USCF SummerHaven Dynamic lagged returns against current returns
Autocorrelation, which is USCF SummerHaven etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting USCF SummerHaven's etf expected returns. We can calculate the autocorrelation of USCF SummerHaven returns to help us make a trade decision. For example, suppose you find that USCF SummerHaven has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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USCF SummerHaven regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If USCF SummerHaven etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USCF SummerHaven etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USCF SummerHaven etf over time.
Current vs Lagged Prices |
| Timeline |
USCF SummerHaven Lagged Returns
When evaluating USCF SummerHaven's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USCF SummerHaven etf have on its future price. USCF SummerHaven autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, USCF SummerHaven autocorrelation shows the relationship between USCF SummerHaven etf current value and its past values and can show if there is a momentum factor associated with investing in USCF SummerHaven Dynamic.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether USCF SummerHaven Dynamic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USCF SummerHaven'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 Summerhaven Dynamic Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Uscf Summerhaven Dynamic Etf:Check out USCF SummerHaven Correlation, USCF SummerHaven Volatility and USCF SummerHaven Alpha and Beta module to complement your research on USCF SummerHaven. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
USCF SummerHaven 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.