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 37.47  0.38  1.02%

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 3.43, semi deviation of 0.0, standard deviation of 4.18, variance of 17.49, downside variance of 0.0 and semi variance of 0.0
United States 3x recommendation module can be used to check and cross-verify current buy or sell recommendation provided by analysts inspecting the organization potential to grow using all of fundamental, technical, data market data available at the time. Please validate United States Total Asset to decide if your United States buy or sell deciscion is justified.

Returns Distribution Density

Mean Return0.08Value At Risk6.89
Potential Upside5.55Standard Deviation4.18
 Return Density 
      Distribution 

United States Greeks

α
Alpha over DOW
=0.034202
βBeta against DOW=0.62
σ
Overall volatility
=3.9
 IrInformation ratio =0.07

United States Volatility Alert

United States 3x Oil Fund exhibits very low volatility with skewness of -0.08 and kurtosis of -0.83. However, we advise investors to further study United States 3x Oil Fund technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare United States to competition
FundamentalsUnited StatesPeer Average
Net Asset3.9 M888.73 M
Bond Positions Weight3.13 % 8.08 %
SellBuy
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance(0.00077605)
Market Risk Adjusted Performance0.1548
Mean Deviation3.43
Coefficient Of Variation(5,245)
Standard Deviation4.18
Variance17.49
Information Ratio(0.069276)
Jensen Alpha0.0342
Total Risk Alpha(1.76)
Treynor Ratio0.1448
Maximum Drawdown15.04
Value At Risk(6.89)
Potential Upside5.55
Skewness(0.079938)
Kurtosis(0.83)