USCF Gold Net Asset vs. One Year Return
| GLDXDelisted Etf | USD 30.17 0.08 0.26% |
For USCF Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of USCF Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well USCF Gold Strategy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between USCF Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of USCF Gold Strategy over time as well as its relative position and ranking within its peers.
USCF |
USCF Gold Strategy One Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining USCF Gold's current stock value. Our valuation model uses many indicators to compare USCF Gold value to that of its competitors to determine the firm's financial worth. USCF Gold Strategy is one of the top ETFs in net asset as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for USCF Gold Strategy is about 134,742 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the USCF Gold's earnings, one of the primary drivers of an investment's value.USCF One Year Return vs. Net Asset
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.
USCF Gold |
| = | 2.87 M |
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.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
USCF Gold |
| = | 21.30 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
USCF One Year Return Comparison
USCF Gold is currently under evaluation in one year return as compared to similar ETFs.
USCF Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in USCF Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, USCF Gold will eventually generate negative long term returns. The profitability progress is the general direction of USCF Gold's change in net profit over the period of time. It can combine multiple indicators of USCF Gold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund adviser seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the physical gold and gold futures markets . Uscf Gold is traded on NYSEARCA Exchange in the United States.
USCF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on USCF Gold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of USCF Gold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the USCF Gold's important profitability drivers and their relationship over time.
| Net Asset vs Price To Earning | ||
| Price To Book vs One Year Return | ||
| Net Asset vs Price To Sales | ||
| Annual Yield vs One Year Return |
Use USCF Gold in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if USCF Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in USCF Gold will appreciate offsetting losses from the drop in the long position's value.USCF Gold Pair Trading
USCF Gold Strategy Pair Trading Analysis
The ability to find closely correlated positions to USCF Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace USCF Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back USCF Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling USCF Gold Strategy to buy it.
The correlation of USCF Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as USCF Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if USCF Gold Strategy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for USCF Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your USCF Gold position
In addition to having USCF Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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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 Commodity Directory module to find actively traded commodities issued by global 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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