United States Performance

United States Gasoline -- USA Etf  

USD 30.97  0.04  0.13%

The entity has beta of 0.239 which indicates as returns on market increase, United States returns are expected to increase less than the market. However during bear market, the loss on holding United States will be expected to be smaller as well.. Even though it is essential to pay attention to United States Gasoline current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. United States Gasoline exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

United States Gasoline Relative Risk vs. Return Landscape

If you would invest  3,390  in United States Gasoline on January 23, 2018 and sell it today you would lose (289.00)  from holding United States Gasoline or give up 8.53% of portfolio value over 30 days. United States Gasoline is generating negative expected returns assuming volatility of 1.356% on return distribution over 30 days investment horizon. In other words, 12% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, United States Gasoline is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.29 times less risky than the market. the firm trades about -0.31 of its potential returns per unit of risk. The DOW is currently generating roughly -0.14 of returns per unit of risk over similar time horizon.

United States Daily Price Distribution

The median price of United States for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 32.56 with a coefficient of variation of 4.8. The daily time series for the period is distributed with a sample standard deviation of 1.55, arithmetic mean of 32.17, and mean deviation of 1.41. The Etf received some media coverage during the period.
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Risk-Adjusted Performance

Over the last 30 days United States Gasoline has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

United States Sharpe Ratio = -0.3058
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Estimated Market Risk

 1.36
  actual daily
 
 88 %
of total potential
  

Expected Return

 -0.41
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 -0.31
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average United States is performing at about 0% 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.