Uscf Energy Commodity Etf Profile
| USE Etf | 38.69 0.54 1.42% |
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USCF Energy is trading at 38.69 as of the 1st of May 2024, a 1.42 percent up since the beginning of the trading day. The etf's lowest day price was 38.69. USCF Energy has 50 percent odds of going through some form of financial distress in the next two years but had a very solid returns during the last 90 days. Equity ratings for USCF Energy Commodity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of May 2022 and ending today, the 1st of May 2024. Click here to learn more.
USCF Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. USCF Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding USCF Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Names | [BEATE UHSE , Beate Uhse AG, Beate Uhse AG, BEATE UHSE - Dusseldorf Stock Exchang, BEATE UHSE - Hanover Stock Exchang, BEATE UHSE , BEATE UHSE (USE.SG), Erotik Abwicklungsgesellschaft AG] |
| Business Concentration | Energy ETFs, Sector ETFs (View all Sectors) |
| Issuer | US Commodity Funds |
| Inception Date | 2023-05-04 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.89 Million |
| Asset Type | Commodities |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | USCF Advisers, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Andrew Ngim, Darius Coby, Seth Lancaster |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 7.0 |
| Market Maker | Jane Street |
| Total Expense | 0.79 |
| Management Fee | 0.79 |
| 200 Day M A | 35.6612 |
| Country Name | USA |
| 50 Day M A | 37.2992 |
| Code | USE |
| Updated At | 14th of April 2024 |
| Name | USCF Energy Commodity Strategy Absolute Return Fund |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01GHT7904 |
| Type | ETF |
USCF Energy Commodity [USE] is traded in USA and was established null. The fund is not listed under any group at the present time. The fund at this time have in net assets.
Check USCF Energy Probability Of Bankruptcy
USCF Energy Target Price Odds Analysis
What are USCF Energy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of USCF Energy jumping above the current price in 90 days from now is about 13.03%. The USCF Energy Commodity probability density function shows the probability of USCF Energy etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon USCF Energy Commodity has a beta of -0.104. This usually implies as returns on the benchmark increase, returns on holding USCF Energy are expected to decrease at a much lower rate. During a bear market, however, USCF Energy Commodity is likely to outperform the market. Additionally, uSCF Energy Commodity has an alpha of 0.2004, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of USCF Energy to move above the current price in 90 days from now is about 13.03 (This USCF Energy Commodity probability density function shows the probability of USCF Etf to fall within a particular range of prices over 90 days) .
USCF Energy Commodity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. USCF Energy market risk premium is the additional return an investor will receive from holding USCF Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in USCF Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although USCF Energy's alpha and beta are two of the key measurements used to evaluate USCF Energy's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1366 | |||
| Jensen Alpha | 0.2004 | |||
| Total Risk Alpha | 0.119 | |||
| Sortino Ratio | 0.1471 |
USCF Energy Against Markets
Picking the right benchmark for USCF Energy etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in USCF Energy etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for USCF Energy is critical whether you are bullish or bearish towards USCF Energy Commodity at a given time. Please also check how USCF Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in USCF Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy USCF Etf?
Before investing in USCF Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in USCF Energy. To buy USCF Energy etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of USCF Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase USCF Energy etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located USCF Energy Commodity etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased USCF Energy Commodity etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as USCF Energy Commodity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy USCF Etf please use our How to Invest in USCF Energy guide.
Already Invested in USCF Energy Commodity?
The danger of trading USCF Energy Commodity is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of USCF Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than USCF Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile USCF Energy Commodity is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether USCF Energy Commodity is a strong investment it is important to analyze USCF Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact USCF Energy's future performance. For an informed investment choice regarding USCF Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in USCF Energy Commodity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of USCF Energy Commodity 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is USCF Energy'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 Energy's market value can be influenced by many factors that don't directly affect USCF Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if USCF Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USCF Energy'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.