United States Performance

United States Oil -- USA Etf  

USD 12.55  0.21  1.70%

The entity has beta of -0.3638 which indicates as returns on market increase, returns on owning United States are expected to decrease at a much smaller rate. During bear market, United States is likely to outperform the market.. Although it is extremely important to respect United States Oil current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting United States Oil technical indicators you can presently evaluate if the expected return of 0.07% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

United States Oil Relative Risk vs. Return Landscape

If you would invest  1,239  in United States Oil on February 18, 2018 and sell it today you would earn a total of  16.00  from holding United States Oil or generate 1.29% return on investment over 30 days. United States Oil is generating 0.07% of daily returns assuming volatility of 1.3687% 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 Oil is expected to generate 1.46 times more return on investment than the market. However, the company is 1.46 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of risk.

United States Daily Price Distribution

The median price of United States for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 12.38 with a coefficient of variation of 1.41. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 12.45, and mean deviation of 0.14. The Etf did not receive any noticable media coverage during the period.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in United States Oil are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

United States Sharpe Ratio = 0.0512
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Estimated Market Risk

  actual daily
 88 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 3 %
of total potential
Based on monthly moving average United States is performing at about 3% 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.