Uscf Summerhaven Dynamic Etf Profile
| SDCI Etf | USD 19.91 0.23 1.17% |
Performance20 of 100
| Odds Of DistressLess than 9
|
USCF SummerHaven is trading at 19.91 as of the 22nd of April 2024. This is a 1.17 percent increase since the beginning of the trading day. The etf's open price was 19.68. USCF SummerHaven has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for USCF SummerHaven Dynamic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of July 2023 and ending today, the 22nd of April 2024. Click here to learn more.
The fund seeks to maintain substantial economic exposure to the performance of the commodities markets. Uscf Summerhaven is traded on NYSEARCA Exchange in the United States. More on USCF SummerHaven Dynamic
Moving together with USCF Etf
| 0.97 | PDBC | Invesco Optimum Yield | PairCorr |
| 0.98 | FTGC | First Trust Global | PairCorr |
| 0.96 | DBC | Invesco DB Commodity | PairCorr |
| 0.98 | COMT | iShares GSCI Commodity | PairCorr |
| 0.95 | GSG | iShares SP GSCI | PairCorr |
| 0.96 | DJP | iPath Bloomberg Commodity | PairCorr |
| 0.96 | BCI | abrdn Bloomberg All | PairCorr |
Moving against USCF Etf
| 0.54 | BND | Vanguard Total Bond | PairCorr |
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 SummerHaven's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding USCF SummerHaven or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Broad Commodities ETFs (View all Themes) |
| Business Concentration | Broad Commodities ETFs, Commodities Broad Basket, USCF Investments (View all Sectors) |
| Issuer | US Commodity Funds |
| Inception Date | 2018-05-03 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 19.84 Million |
| Average Trading Valume | 14,462.5 |
| Asset Type | Commodities |
| Category | Broad Commodities |
| Focus | Broad Commodities |
| 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 F. Ngim, Ray W. Allen |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 12.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.89 |
| Management Fee | 0.8 |
| Country Name | USA |
| Returns Y T D | 14.04 |
| Name | USCF SummerHaven Dynamic Commodity Strategy No K-1 |
| Currency Code | USD |
| Open Figi | BBG00KTNSTC6 |
| In Threey Volatility | 16.77 |
| 1y Volatility | 13.58 |
| 200 Day M A | 18.2614 |
| 50 Day M A | 18.5849 |
| Code | SDCI |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 1.03 |
USCF SummerHaven Dynamic [SDCI] is traded in USA and was established 2018-05-03. The fund is listed under Commodities Broad Basket category and is part of USCF Investments family. The entity is thematically classified as Broad Commodities ETFs. USCF SummerHaven Dynamic at this time have 8.88 M in assets. , while the total return for the last 3 years was 20.9%.
Check USCF SummerHaven Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on USCF Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding USCF Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as USCF SummerHaven Dynamic Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top USCF SummerHaven Dynamic Etf Constituents
| Morgan Stanley Instl Lqudty Govt Instl | 2.5799999% |
| Goldman Sachs FS Government Instl | 18.59% |
| Uscf Cayman Commodity 2 | 17.58% |
| United States Treasury Bills | 2.5799999% |
| Fidelity® Inv MM Fds Government Instl | 18.07% |
USCF SummerHaven Target Price Odds Analysis
Coming from a normal probability distribution, the odds of USCF SummerHaven jumping above the current price in 90 days from now is about 1.55%. The USCF SummerHaven Dynamic probability density function shows the probability of USCF SummerHaven etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days USCF SummerHaven Dynamic has a beta of -0.0346. This usually implies as returns on the benchmark increase, returns on holding USCF SummerHaven are expected to decrease at a much lower rate. During a bear market, however, USCF SummerHaven Dynamic is likely to outperform the market. Additionally, uSCF SummerHaven Dynamic has an alpha of 0.1868, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of USCF SummerHaven to move above the current price in 90 days from now is about 1.55 (This USCF SummerHaven Dynamic probability density function shows the probability of USCF Etf to fall within a particular range of prices over 90 days) .
USCF SummerHaven Dynamic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. USCF SummerHaven market risk premium is the additional return an investor will receive from holding USCF SummerHaven 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 SummerHaven. 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 SummerHaven's alpha and beta are two of the key measurements used to evaluate USCF SummerHaven's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1856 | |||
| Jensen Alpha | 0.1868 | |||
| Total Risk Alpha | 0.1052 | |||
| Sortino Ratio | 0.162 |
USCF SummerHaven Against Markets
Picking the right benchmark for USCF SummerHaven 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 SummerHaven 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 SummerHaven is critical whether you are bullish or bearish towards USCF SummerHaven Dynamic at a given time. Please also check how USCF SummerHaven'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 SummerHaven 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 SummerHaven, 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 SummerHaven. To buy USCF SummerHaven etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of USCF SummerHaven. 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 SummerHaven etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located USCF SummerHaven Dynamic 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 SummerHaven Dynamic 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 SummerHaven Dynamic, 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 SummerHaven guide.
Already Invested in USCF SummerHaven Dynamic?
The danger of trading USCF SummerHaven Dynamic 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 SummerHaven 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 SummerHaven. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile USCF SummerHaven Dynamic 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 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 World Market Map to better understand how to build diversified portfolios, which includes a position in USCF SummerHaven Dynamic. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the USCF SummerHaven Dynamic information on this page should be used as a complementary analysis to other USCF SummerHaven's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.