United States Valuation

United States 3x Oil Fund -- USA Etf  

USD 37.47  0.83  2.17%

United States 3x has current Real Value of $34.87 per share. The regular price of the etf is $37.47. At this time the etf appears to be over valued. Macroaxis measures value of United States 3x from inspecting the etf fundamentals such as Bond Positions Weight of 3.13% and Number of Employees of 553 as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securites prices and their ongoing real values will draw towards each other.
Investment Horizon     30 Days    Login   to change
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 
Over Valued
December 17, 2017
37.47
Market Value
Downside upside
34.87
Real Value
Target Price Odds
 Above  Below  
45.94
Upside
Upside upside
United States is not very risky asset. Calculation of real value of United States 3x is based on 1 month time horizon. Increasing United States 3x time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

United States Net Asset Analysis
United States 3x Oil Fund is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Leveraged Commodities category is currently estimated at about 753.31 Million. United States maintains roughly 3.9 Million in net asset contributing less than 1% to equities under Trading--Leveraged Commodities ETF category.