United States Performance

USOU -- USA Etf  

USD 63.24  1.34  2.16%

The entity has beta of 2.9264 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, United States will likely underperform.. 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. Macroaxis philosophy towards measuring future performance of any etf is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if United States 3x Oil expected return of 1.0235 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
 Time Horizon     30 Days    Login   to change

United States 3x Relative Risk vs. Return Landscape

If you would invest  5,285  in United States 3x Oil on June 19, 2018 and sell it today you would earn a total of  1,039  from holding United States 3x Oil or generate 19.66% return on investment over 30 days. United States 3x Oil is currently generating 1.0235% of daily expected returns and assumes 6.5127% risk (volatility on return distribution) over the 30 days horizon. In different words, 59% of equities are less volatile than United States 3x Oil and 81% 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 11.06 times more return on investment than the market. However, the company is 11.06 times more volatile than its market benchmark. It trades about 0.16 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk.

United States Market Risk Analysis

Sharpe Ratio = 0.1571
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United States Relative Performance Indicators

Estimated Market Risk
 6.51
  actual daily
 
 41 %
of total potential
  
Expected Return
 1.02
  actual daily
 
 19 %
of total potential
  
Risk-Adjusted Return
 0.16
  actual daily
 
 10 %
of total potential
  
Based on monthly moving average United States is performing at about 10% 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
10 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in United States 3x Oil are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.

United States Alerts

Equity Alerts and Improvement Suggestions
United States 3x appears to be very risky and stock price may revert if volatility continues
The fund keeps most of the net assets in exotic instruments.
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