United States Oil Etf Profile

USO Etf  USD 77.98  1.65  2.16%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Over 52

 
100  
 
Zero
Average
United States is selling at 77.98 as of the 19th of March 2024; that is 2.16 percent increase since the beginning of the trading day. The etf's open price was 76.33. United States has 52 percent odds of going through some form of financial distress in the next two years but had a very ok returns during the last 90 days. Equity ratings for United States Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2023 and ending today, the 19th of March 2024. Click here to learn more.
USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels. US Oil is traded on NYSEARCA Exchange in the United States. The company has 162.41 M outstanding shares. More on United States Oil

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United Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. United States' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding United States or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEONicholas Gerber
Thematic IdeaEnergy ETFs (View all Themes)
Old NameUS Oil Sands Inc.
Business ConcentrationEnergy ETFs, Commodities Focused, USCF Investments, Trading (View all Sectors)
IssuerUS Commodity Funds
Inception Date2006-04-10
Entity TypePartnership
Asset Under Management1.39 Billion
Average Trading Valume2.3 Million
Asset TypeCommodities
CategoryEnergy
FocusCrude Oil
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorUnited States Commodity Funds LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerRay W. Allen
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents13.0
Market MakerVirtu Financial
Total Expense0.81
Management Fee0.45
Country NameUSA
Returns Y T D14.52
NameUnited States Oil Fund LP
Currency CodeUSD
Open FigiBBG000NL49J3
In Threey Volatility26.85
1y Volatility24.69
200 Day M A71.5015
50 Day M A71.3846
CodeUSO
Updated At18th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.75
United States Oil [USO] is traded in USA and was established 2006-04-10. The fund is classified under Commodities Focused category within USCF Investments family. The entity is thematically classified as Energy ETFs. United States Oil at this time have 2.1 B in net assets. , while the total return for the last 3 years was 19.9%. United States Oil has about 3.28 B in cash with (1.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -9.812.
Check United States Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on United Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding United Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as United States Oil Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top United States Oil Etf Constituents

WTI CRUDE JAN 246.79226%
WTI CRUDE FEB 244.52597%
CLZ36.79649%
WTI CRUDE MAR 242.26242%
CLX316.31994%
Crude Oil May246.76863%

United States Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of United States jumping above the current price in 90 days from now is near 1%. The United States Oil probability density function shows the probability of United States etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon United States has a beta of 0.2668. This usually implies as returns on the market go up, United States average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding United States Oil will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2603, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 77.98HorizonTargetOdds Above 77.98
99.16%90 days
 77.98 
0.82%
Based on a normal probability distribution, the odds of United States to move above the current price in 90 days from now is near 1 (This United States Oil probability density function shows the probability of United Etf to fall within a particular range of prices over 90 days) .

United States Top Holders

HARBHorizons Tactical AbsoluteEtfAlternative Credit Focused
CGHIXCrow Point DefinedMutual FundTactical Allocation
OILKProShares K 1 FreeEtfCommodities Focused
ABRWXAmericafirst Tactical AlphaMutual FundTactical Allocation
ABRUXAmericafirst Monthly Risk OnMutual FundTactical Allocation
ABRFXAmericafirst Tactical AlphaMutual FundTactical Allocation
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United States Oil Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. United States market risk premium is the additional return an investor will receive from holding United States long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in United States. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although United States' alpha and beta are two of the key measurements used to evaluate United States' performance over the market, the standard measures of volatility play an important role as well.

United States Against Markets

Picking the right benchmark for United States etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in United States etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for United States is critical whether you are bullish or bearish towards United States Oil at a given time. Please also check how United States' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in United States without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy United Etf?

Before investing in United States, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in United States. To buy United States etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of United States. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase United States etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located United States Oil etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased United States Oil etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as United States Oil, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy United Etf please use our How to Invest in United States guide.

Already Invested in United States Oil?

The danger of trading United States Oil is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of United States is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than United States. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile United States Oil is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether United States Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Oil Etf. Outlined below are crucial reports that will aid in making a well-informed decision on United States Oil Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Oil. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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 Oil 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.