United States Valuation

United States 3x Oil Fund -- USA Etf  

USD 29.6  0.58  2%

United States 3x has current Real Value of $26.91 per share. The regular price of the etf is $29.6. Based on Macroaxis valuation methodology, the etf is over valued. Macroaxis measures value of United States 3x from inspecting the etf 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
Over Valued
October 21, 2017
29.6
Market Value
Downside upside
26.91
Real Value
Target Price Odds
 Above  Below  
39.12
Upside
Upside upside
United States is not very volatile 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 888.99 Million. United States adds roughly 3 Million in net asset claiming only tiny portion of equities under Trading--Leveraged Commodities ETF category.