United States Performance

USOU -- USA Etf  

USD 54.55  9.11  14.31%

The entity has beta of 0.0 which indicates the returns on MARKET and United States are completely uncorrelated. Although it is vital to follow to United States 3x current price movements, it is good to be conservative about what you can actually do with the information regarding 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 3x technical indicators you can presently evaluate if the expected return of 0.3758% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

United States 3x Relative Risk vs. Return Landscape

If you would invest  6,063  in United States 3x Oil on May 25, 2018 and sell it today you would earn a total of  303.10  from holding United States 3x Oil or generate 5.0% return on investment over 30 days. United States 3x Oil is currenly generating 0.3758% of daily expected returns and assumes 5.5663% risk (volatility on return distribution) over the 30 days horizon. In different words, 51% of equities are less volatile than United States 3x Oil and 93% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, United States 3x Oil is expected to generate 9.32 times more return on investment than the market. However, the company is 9.32 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

United States Market Risk Analysis

Sharpe Ratio = 0.0675
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United States Relative Performance Indicators

Estimated Market Risk
 5.57
  actual daily
 
 49 %
of total potential
  
Expected Return
 0.38
  actual daily
 
 7 %
of total potential
  
Risk-Adjusted Return
 0.07
  actual daily
 
 4 %
of total potential
  
Based on monthly moving average United States is performing at about 4% 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.

Performance Rating

United States 3x Oil Risk Adjusted Performance Analysis
4 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in United States 3x Oil are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.

United States Alerts

Equity Alerts and Improvement Suggestions
United States 3x has very high historical volatility over the last 30 days
The fund keeps most of the net assets in exotic instruments.
Also please take a look at World Market Map. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.