United States Brent Etf Performance
BNO Etf | USD 31.65 0.62 2.00% |
The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, United States returns are expected to increase less than the market. However, during the bear market, the loss on holding United States will be expected to be smaller as well. Although it is important to respect United States Brent current price movements, it is better to be realistic regarding the information on the equity's historical returns.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in United States Brent are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting basic indicators, United States displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Crude Oil Forecast Builds A Case For Support | 12/28/2023 |
2 | The Commodities Feed Crude Oil Retreats | 01/30/2024 |
3 | Oil Prices Swing 6.3 percent Rise Nearly Erases 7 percent Loss | 02/12/2024 |
4 | NVDA Investors Have Shifted Their Focus To Micro-Level Dynamics | 02/21/2024 |
5 | Stocks Fall On February 28 As Inflation Expectations Continue To Climb | 02/29/2024 |
6 | Futures Rise Europe, Gold Hit All Time High Yen Surges | 03/07/2024 |
7 | WTI Turns Green After API Reports Across-The-Board Inventory Draws | 03/12/2024 |
8 | Oil And Natural Gas Oil Searches For Support At 81.00 | 03/18/2024 |
In Threey Sharp Ratio | 0.79 |
United |
United States Relative Risk vs. Return Landscape
If you would invest 2,809 in United States Brent on December 20, 2023 and sell it today you would earn a total of 356.00 from holding United States Brent or generate 12.67% return on investment over 90 days. United States Brent is generating 0.2087% of daily returns assuming volatility of 1.4007% on return distribution over 90 days investment horizon. In other words, 12% of etfs are less volatile than United, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
United States Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for United States' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as United States Brent, and traders can use it to determine the average amount a United States' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.149
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Estimated Market Risk
1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average United States is performing at about 11% 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.
United States Fundamentals Growth
United Etf prices reflect investors' perceptions of the future prospects and financial health of United States, and United States fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on United Etf performance.
Return On Asset | -0.46 | |||
Current Valuation | (24.79 M) | |||
Shares Outstanding | 4.84 M | |||
Price To Earning | (1.36) X | |||
Price To Book | 0.76 X | |||
Price To Sales | (1.38) X | |||
Revenue | (42.82 M) | |||
EBITDA | (43.65 M) | |||
Cash Per Share | (11.19) X | |||
Debt To Equity | 0 % | |||
Cash Flow From Operations | (54.14 M) | |||
Earnings Per Share | (9.02) X | |||
Total Asset | 198.86 M | |||
About United States Performance
To evaluate United States Brent Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when United States generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare United Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand United States Brent market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents United's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The Benchmark Futures Contract is the futures contract on Brent crude oil as traded on the Ice Futures Europe Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire. US Brent is traded on NYSEARCA Exchange in the United States.Things to note about United States Brent performance evaluation
Checking the ongoing alerts about United States for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for United States Brent help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.United States Brent has high likelihood to experience some financial distress in the next 2 years | |
Reported Net Loss for the year was (43.65 M) with loss before taxes, overhead, and interest of (42.82 M). | |
The fund generated-3.0 ten year return of -3.0% | |
Latest headline from talkmarkets.com: Oil And Natural Gas Oil Searches For Support At 81.00 | |
United States Brent holds all of the assets under management (AUM) in different types of exotic instruments |
- Analyzing United States' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether United States' stock is overvalued or undervalued compared to its peers.
- Examining United States' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating United States' management team can have a significant impact on its success or failure. Reviewing the track record and experience of United States' management team can help you assess the ETF's leadership.
- Pay attention to analyst opinions and ratings of United States' etf. These opinions can provide insight into United States' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in United States Brent. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for United Etf analysis
When running United States' price analysis, check to measure United States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
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The market value of United States Brent 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.