United States Valuation Overview

USL -- USA Etf  

USD 23.36  0.84  3.47%

United States 12 has current Real Value of $24.06 per share. The regular price of the etf is $23.36. At this time the etf appears to be fairly valued. Macroaxis measures value of United States 12 from inspecting the etf fundamentals such as Current Valuation of (25M), Price to Earning of 1.92times and Return On Asset of (0.0038)% as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

Valuation Drivers Correlation

Selected United States 12 Month Oil Valuation Data Over Time

Average Assets    Enterprise Value    Market Capitalization    
 Time Horizon     30 Days    Login   to change
United States 12 Month Oil is rated first in price to book as compared to similar ETFs. It is rated first in bond positions weight as compared to similar ETFs creating about  21.61  of Bond Positions Weight per Price to Book.

Current Market Valuation

United States 12 Valuation Boundaries
Fairly Valued
June 23, 2018
23.36
Market Value
24.06
Real Value
Target Odds
  
29.28
Upside
United States is not too volatile asset. Calculation of real value of United States 12 is based on 1 month time horizon. Increasing United States 12 time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Tax Efficiency

United States 12 Tax Efficiency History

Tax Efficiency

Net Asset

United States Net Asset Analysis
United States 12 Month Oil is rated first in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Energy category is currently estimated at about 173.53 Million. United States totals roughly 86.76 Million in net asset claiming about 50% of all ETFs under Energy category.
Also please take a look at World Market Map. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.