United States Technical Analysis

United States Gasoline -- USA Etf  

USD 31.11  0.16  0.52%

United States Gasoline has Coefficient Of Variation of (560.77) and Risk Adjusted Performance of (0.082061). In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of United States Gasoline as well as the relationship between them. In other words you can use this information to find out if the etf will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for United States Gasoline which can be compared to its competition. Please validate United States Gasoline Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if United States is priced more or less accurately providing market reflects its prevalent price of 31.11 per share.
Investment Horizon     30 Days    Login   to change

United States Gasoline Trend Analysis

Use this graph to draw trend lines for United States Gasoline. You can use it to identify possible trend reversals for United States as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual United States price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

United States Best Fit Change Line

The following chart estimates an ordinary least squares regression model for United States Gasoline applied against its price change over selected period. The best fit line has a slop of 0.06 % which may imply that the returns on investment in United States Gasoline will continue to fail. It has 34 observation points and a regression sum of squares at 2.66, which is the sum of squared deviations for the predicted United States price change compared to its average price change.

Current Sentiment - UGA

United States Gasoline Investor Sentiment
Greater number of Macroaxis users are at this time bullish on United States Gasoline. What is your outlook on investing in United States Gasoline? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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United States Gasoline is rated first in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.22  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for United States Gasoline is roughly  1.22