United States Gasoline Etf Price on December 15, 2017
| UGA Etf | USD 73.76 0.80 1.10% |
Below is the normalized historical share price chart for United States Gasoline extending back to February 27, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of United States stands at 73.76, as last reported on the 17th of April 2024, with the highest price reaching 73.83 and the lowest price hitting 72.83 during the day.
If you're considering investing in United Etf, it is important to understand the factors that can impact its price. United States appears to be very steady, given 3 months investment horizon. United States Gasoline owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for United States Gasoline, which you can use to evaluate the volatility of the etf. Please review United States' Coefficient Of Variation of 501.1, risk adjusted performance of 0.1315, and Semi Deviation of 1.33 to confirm if our risk estimates are consistent with your expectations.
United Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 28.82 | 200 Day MA 66.5209 | 1 y Volatility 23.62 | 50 Day MA 68.5262 | Inception Date 2008-02-26 |
United |
Sharpe Ratio = 0.1816
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average United States is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of United States by adding it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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About United States Etf history
United States investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United States Gasoline will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing United States stock prices may prove useful in developing a viable investing in United States
The fund invests in futures contracts for gasoline, other types of gasoline, crude oil, diesel-heating oil, natural gas and other petroleum-based fuels. US Gasoline is traded on NYSEARCA Exchange in the United States.
United States Etf Technical Analysis
United States 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.
Price Boundaries
United States Period Price Range
United States April 17, 2024 Market Strength
Market strength indicators help investors to evaluate how United States etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United States shares will generate the highest return on investment. By undertsting and applying United States etf market strength indicators, traders can identify United States Gasoline entry and exit signals to maximize returns
United States Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United States' price direction in advance. Along with the technical and fundamental analysis of United Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of United to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1315 | |||
| Jensen Alpha | 0.2847 | |||
| Total Risk Alpha | 0.1701 | |||
| Sortino Ratio | 0.1441 | |||
| Treynor Ratio | (4.25) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Gasoline. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the United States Gasoline information on this page should be used as a complementary analysis to other United States' 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of United States Gasoline is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.