Uscf Midstream Energy Etf Technical Analysis
| UMI Etf | USD 52.48 0.09 0.17% |
As of the 27th of November, USCF Midstream owns the risk adjusted performance of 0.2293, and Downside Deviation of 0.7812. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of USCF Midstream Energy, as well as the relationship between them.
USCF Midstream Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as USCF, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to USCFUSCF |
USCF Midstream 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.
USCF Midstream Energy Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of USCF Midstream Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
USCF Midstream Energy Trend Analysis
Use this graph to draw trend lines for USCF Midstream Energy. You can use it to identify possible trend reversals for USCF Midstream as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual USCF Midstream price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.USCF Midstream Best Fit Change Line
The following chart estimates an ordinary least squares regression model for USCF Midstream Energy applied against its price change over selected period. The best fit line has a slop of 0.14 , which may imply that USCF Midstream Energy will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 778.92, which is the sum of squared deviations for the predicted USCF Midstream price change compared to its average price change.About USCF Midstream Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of USCF Midstream Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of USCF Midstream Energy based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on USCF Midstream Energy price pattern first instead of the macroeconomic environment surrounding USCF Midstream Energy. By analyzing USCF Midstream's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of USCF Midstream's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to USCF Midstream specific price patterns or momentum indicators. Please read more on our technical analysis page.
USCF Midstream November 27, 2024 Technical Indicators
Most technical analysis of USCF help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for USCF from various momentum indicators to cycle indicators. When you analyze USCF charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.2293 | |||
| Market Risk Adjusted Performance | 0.5903 | |||
| Mean Deviation | 0.6943 | |||
| Semi Deviation | 0.4377 | |||
| Downside Deviation | 0.7812 | |||
| Coefficient Of Variation | 335.6 | |||
| Standard Deviation | 0.8955 | |||
| Variance | 0.802 | |||
| Information Ratio | 0.1523 | |||
| Jensen Alpha | 0.2036 | |||
| Total Risk Alpha | 0.1158 | |||
| Sortino Ratio | 0.1747 | |||
| Treynor Ratio | 0.5803 | |||
| Maximum Drawdown | 4.85 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 1.42 | |||
| Downside Variance | 0.6102 | |||
| Semi Variance | 0.1916 | |||
| Expected Short fall | (0.83) | |||
| Skewness | 0.1045 | |||
| Kurtosis | 0.9581 |
USCF Midstream Energy One Year Return
Based on the recorded statements, USCF Midstream Energy has an One Year Return of 51%. This is 66.88% higher than that of the USCF Investments family and significantly higher than that of the Energy Limited Partnership category. The one year return for all United States etfs is notably lower than that of the firm.
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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in USCF Midstream Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.