 United States 3x Oil Fund  USA Etf   USD 37.47 0.83 2.17% 
Investment Horizon

30 Days
Login
to change

United States 3x Trend Analysis
Use this graph to draw trend lines for United States 3x Oil Fund. 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 topright. 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 3x Oil Fund applied against its price change over selected period. The best fit line has a slop of
0.19 % which may suggest that United States 3x Oil Fund market price will keep on failing further. It has 34 observation points and a regression sum of squares at 30.79, which is the sum of squared deviations for the predicted United States price change compared to its average price change.
Macroaxis portfolio users are unemotional in their outlook on investing in United States 3x Oil Fund. What is your outlook on investing in United States 3x Oil Fund? Are you bullish or bearish?
United States 3x Oil Fund is rated
third in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about
1.23 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for United States 3x Oil Fund is roughly
1.23