United States Buy or Sell Recommendation

Macroaxis provides United States 3x Oil Fund buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding United States positions. The advice algorithm takes into account all of United States 3x Oil Fund available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from United States buy-and-hold prospective. Also please take a look at United States Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
United States 3x Oil Fund -- USA Etf  

USD 29.6  0.58  2%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding United States 3x Oil Fund is 'Strong Sell'.
For the selected time horizon United States 3x Oil Fund has a mean deviation of 2.95, semi deviation of 3.65, standard deviation of 4.16, variance of 17.32, downside variance of 23.38 and semi variance of 13.33
Macroaxis buy or sell recommendation module can be used to complement current analysts and expert consensus on United States 3x. Our recommendation engine harnesses analyzes the etf potential to grow using all fundamental data market data available at the time. Please be advised to validate United States Net Asset to validate our buy or sell recommendation.

Returns Distribution Density

Mean Return0.29Value At Risk-6.2711
Potential Upside7.1523Standard Deviation4.162
 Return Density 
      Distribution 

United States Greeks

α
Alpha over DOW
= 0.081711 
βBeta against DOW= 1.1 
σ
Overall volatility
= 4.07 
 IrInformation ratio = 0.024 

United States Volatility Alert

United States 3x Oil Fund shows above average downside volatility of 4.84 for selected time horizon. We advise investors to further inspect United States 3x Oil Fund to make sure all market timing and asset allocation strategies are consistent with estimation about United States future alpha.
    
 Better Than Average     
    
 Worse Than Average Compare United States to competition
FundamentalsUnited StatesPeer Average
Net Asset3 M888.73 M
SellBuy
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0285
Market Risk Adjusted Performance0.2678
Mean Deviation2.95
Semi Deviation3.65
Downside Deviation4.84
Coefficient Of Variation1418.7
Standard Deviation4.16
Variance17.32
Information Ratio0.024
Jensen Alpha0.0817
Total Risk Alpha(2.53)
Sortino Ratio0.0207
Treynor Ratio0.2578
Maximum Drawdown17.01
Value At Risk(6.27)
Potential Upside7.15
Downside Variance23.38
Semi Variance13.33
Expected Short fall(3.53)
Skewness0.0148
Kurtosis0.2426