United States Financial Ratios

United States 3x Oil Fund -- USA Etf  

USD 37.47  0.38  1.02%

Use fundamental data analysis to confirm all available indicators of United States 3x to find out if markets are presently mispricing the entity. We found five available drivers for United States 3x Oil Fund which can be compared to its competition. Please validate United States Total Asset to decide if United States is priced fairly. Use United States to enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of United States to be traded at $41.22 in 30 days

United States Company Summary

United States competes with ProShares Ultra, VelocityShares 3x, DB Gold, VelocityShares 3x, and ProShares Ultra. The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect three times the daily change in percentage terms of the price of a specified short-term futures contract on light, sweet crude oil less the funds expenses. USCF will endeavor to have the notional value of the funds aggregate exposure to the Benchmark Oil Futures Contract at the close of each trading day approximately equal to 300 percent of the funds NAV. The Benchmark Oil Futures Contract is the futures contract on light, sweet crude oil as traded on the NYMEX, traded under the trading symbol CL .

United States Net Asset vs Bond Positions Weight

United States 3x Oil Fund is rated below average in net asset as compared to similar ETFs. It is rated first in bond positions weight as compared to similar ETFs . The ratio of Net Asset to Bond Positions Weight for United States 3x Oil Fund is about  1,246,006 

United States 3x Systematic Risk

Time Period
  Portfolio Optimization    
Execute Function
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on United States 3x correlated with the market. If Beta is less then 0 United States generally moves in the opposite direction as compared to the market. If United States Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one United States 3x is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of United States is generally in the same direction as the market. If Beta > 1 United States moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.
< 44% 

Chance of Financial Distress

United States 3x Oil Fund has less than 44 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info


Compare United States To Peers

United States correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding United States 3x Oil Fund and equity matching DJI index in the same portfolio.

Opportunity Range

December 15, 2017 Opportunity Range