Uscf Gold Strategy Etf Technical Analysis
| USG Etf | USD 27.54 0.39 1.44% |
As of the 10th of May, USCF Gold owns the risk adjusted performance of 0.174, and Downside Deviation of 0.5894. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of USCF Gold Strategy, as well as the relationship between them. Strictly speaking, you can use this information to find out if the etf will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for USCF Gold, which can be compared to its peers in the sector. Please validate USCF Gold Strategy information ratio, as well as the relationship between the potential upside and kurtosis to decide if USCF Gold Strategy is priced more or less accurately, providing market reflects its prevailing price of 27.54 per share.
USCF Gold 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 Gold 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 Gold Strategy Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Gold Strategy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
USCF Gold Strategy Trend Analysis
Use this graph to draw trend lines for USCF Gold Strategy. You can use it to identify possible trend reversals for USCF Gold 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 Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.USCF Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for USCF Gold Strategy applied against its price change over selected period. The best fit line has a slop of 0.05 , which may imply that USCF Gold Strategy will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 105.28, which is the sum of squared deviations for the predicted USCF Gold price change compared to its average price change.About USCF Gold 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 Gold Strategy 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 Gold Strategy based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on USCF Gold Strategy price pattern first instead of the macroeconomic environment surrounding USCF Gold Strategy. By analyzing USCF Gold'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 Gold'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 Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
USCF Gold May 10, 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.174 | |||
| Market Risk Adjusted Performance | 0.5442 | |||
| Mean Deviation | 0.3746 | |||
| Semi Deviation | 0.2179 | |||
| Downside Deviation | 0.5894 | |||
| Coefficient Of Variation | 352.75 | |||
| Standard Deviation | 0.5463 | |||
| Variance | 0.2985 | |||
| Information Ratio | 0.1239 | |||
| Jensen Alpha | 0.124 | |||
| Total Risk Alpha | 0.0767 | |||
| Sortino Ratio | 0.1149 | |||
| Treynor Ratio | 0.5342 | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 1.07 | |||
| Downside Variance | 0.3474 | |||
| Semi Variance | 0.0475 | |||
| Expected Short fall | (0.45) | |||
| Skewness | (0.39) | |||
| Kurtosis | 2.6 |
USCF Gold May 10, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as USCF stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6.46 | ||
| Daily Balance Of Power | 1.70 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 27.42 | ||
| Day Typical Price | 27.46 | ||
| Price Action Indicator | 0.31 | ||
| Market Facilitation Index | 0.0003 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in USCF Gold Strategy. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of USCF Gold Strategy 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is USCF Gold'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 Gold's market value can be influenced by many factors that don't directly affect USCF Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if USCF Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USCF Gold'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.