Uscf Etf Trust Etf Performance
The entity owns a Beta (Systematic Risk) of -0.0317, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning USCF ETF are expected to decrease at a much lower rate. During the bear market, USCF ETF is likely to outperform the market.
Risk-Adjusted Performance
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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 recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
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USCF ETF Relative Risk vs. Return Landscape
If you would invest 2,921 in USCF ETF Trust on August 26, 2024 and sell it today you would earn a total of 183.00 from holding USCF ETF Trust or generate 6.26% return on investment over 90 days. USCF ETF Trust is generating 0.0965% of daily returns assuming volatility of 0.7818% on return distribution over 90 days investment horizon. In other words, 6% 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 |
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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 = 0.1234
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.1 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.
| USCF ETF Trust is not yet fully synchronised with the market data |
Check out World Market Map 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 unemployment. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.