United States Selected Fundamentals

United States Short Oil -- USA Etf  

USD 66.27  0.1  0.15%

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Price to Book Analysis

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
United States 
P/B 
 = 
MV Per Share 
BV Per Share 
 = 
1.34 times
 United States Price to Book Value 
      Timeline 

About Price to Book

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Compare to competition
Based on latest financial disclosure the price to book indicator of United States Short Oil is roughly 1.336 times. This is much higher than that of the Category family, and significantly higher than that of Family category, The Price to Book for all etfs is 37.73% lower than the firm.

United States Short Fundamental Drivers Relationships

United States Short Oil is one of the top ETFs in price to book as compared to similar ETFs. It is one of the top ETFs in price to earning as compared to similar ETFs reporting about  2.03  of Price to Earning per Price to Book.

Peer Comparison

United States Price to Book Comparison
  Price to Book 
      United States Comparables 
United States is currently under evaluation in price to book as compared to similar ETFs.

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Asset Allocation

Fund Instrument Allocation for United States
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.
 Value 
      Instrument Type 

Fundamental Indicators

Current United States financial ratios