United States Performance

United States 12 Month Oil -- USA Etf  

USD 18.36  0.15  0.82%

The entity has beta of 0.4034 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 12 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 12 Month Oil exposes twenty-one different technical indicators which can help you to evaluate its performance.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  1,848  in United States 12 Month Oil on September 23, 2017 and sell it today you would lose (12)  from holding United States 12 Month Oil or give up 0.65% of portfolio value over 30 days. United States 12 Month Oil is generating negative expected returns assuming volatility of 1.0729% on return distribution over 30 days investment horizon. In other words, 10% 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 12 Month Oil is expected to under-perform the market. In addition to that, the company is 4.16 times more volatile than its market benchmark. It trades about -0.02 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.84 per unit of volatility.

United States Daily Price Distribution

The median price of United States for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 18.22 with a coefficient of variation of 1.32. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 18.15, and mean deviation of 0.2. The Etf received some media coverage during the period.
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Risk-Adjusted Performance

Over the last 30 days United States 12 Month Oil has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

United States Sharpe Ratio = -0.0238
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Estimated Market Risk

 1.07
  actual daily
 
 90 %
of total potential
  

Expected Return

 -0.03
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 -0.02
  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.