United States Risk Analysis And Volatility Evaluation

USO -- USA Etf  

USD 14.02  0.71  5.33%

Macroaxis considers United States not very risky given 1 month investment horizon. United States Oil owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1114 which indicates United States Oil had 0.1114% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for United States Oil which you can use to evaluate future volatility of the etf. Please operate United States Coefficient Of Variation of 1,502 and Risk Adjusted Performance of 0.01 to confirm if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

United States Oil Technical Analysis

Transformation
null. The output start index for this execution was zero with a total number of output elements of zero. United States Oil Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Considering 30-days investment horizon, United States has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and United States are completely uncorrelated. Furthermore, United States OilIt does not look like United States alpha can have any bearing on the equity current valuation.
Considering 30-days investment horizon, the coefficient of variation of United States is 897.34. The daily returns are destributed with a variance of 3.63 and standard deviation of 1.9. The mean deviation of United States Oil is currently at 1.32. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.90
Ir
Information ratio =0.00

Actual Return Volatility

United States Oil has volatility of 1.9045% on return distribution over 30 days investment horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

United States Volatility Factors

30 Days Market Risk

Not very risky

Chance of Distress in 24 months

Very low

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

United States Investment Opportunity
United States Oil has a volatility of 1.9 and is 9.223372036854776E16 times more volatile than DOW. 17% of all equities and portfolios are less risky than United States. Compared to the overall equity markets, volatility of historical daily returns of United States Oil is lower than 17 (%) of all global equities and portfolios over the last 30 days.

Total Liabilities

United States Oil Total Liabilities History

Total Liabilities

Volatility Indicators

United States Current Risk Indicators
Also please take a look at World Market Map. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.