United States Technical Analysis

United States Oil -- USA Etf  

USD 10.48  0.05  0.48%

United States Oil has Semi Deviation of 1.21, Coefficient Of Variation of 1578.29 and Risk Adjusted Performance of 0.0246. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of United States Oil 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 Oil which can be compared to its competition. Please validate United States Oil Coefficient Of Variation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Skewness to decide if United States is priced more or less accurately providing market reflects its prevalent price of 10.48 per share.
Investment Horizon     30 Days    Login   to change

United States Oil Trend Analysis

Use this graph to draw trend lines for United States Oil. 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 Oil applied against its price change over selected period. The best fit line has a slop of 0.013162 % which may imply that United States Oil will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 0.14, which is the sum of squared deviations for the predicted United States price change compared to its average price change.

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United States Oil 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  1.36  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for United States Oil is roughly  1.36 

One Year Return

United States Oil One Year Return
Based on recorded statements United States Oil has One Year Return of -4.57%. This is 53.7% lower than that of the United States Commodity Funds LLC family, and 54.8% lower than that of Commodities Energy category, The One Year Return for all etfs is 265.6% higher than the company.
  Year Return 
      United States Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.