United States Fundamental Drivers

United States Short Oil -- USA Etf  

USD 66.27  0.1  0.15%

The Drivers Module shows relationships between United States's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of United States Short Oil over time as well as its relative position and ranking within its peers. Additionally see Investing Opportunities

United States Short Price to Book vs. Price to Earning Fundamental Analysis

United States Short Oil is one of the top ETFs in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about  0.49  of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for United States Short Oil is roughly  2.03 
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investor monitor on a daily basis. Holding a low PE stock is less risky because. When a company's profitability fall, it is likely that earnings will also go down..In other words, if you start from a lower position your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
United States 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
=
2.71 times
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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
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.

Comparison

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.
  Revenue 
      United States Comparables 
United States is currently under evaluation in revenue as compared to similar ETFs.
The fund seeks to achieve its investment objective by investing in short positions in futures contracts for WTI light, sweet crude oil, other types of crude oil, dieselhe... more
NameUnited States Short Oil
Macroaxis Advice
InstrumentUSA Etf ETF Directory
ExchangeArchipelago Exchange
CUSIPNone
CurrencyUSD - US Dollar
IssuerUS Commodity Funds
DescriptionUnited States Short Oil Fund LP
Inception Date2009-09-24
BenchmarkWTI Light Sweet Crude Oil USD
Entity TypePartnership
Asset Under Management9.96 Million
Average Trading Valume5,686
Asset TypeCommodities
CategoryEnergy
FocusCrude Oil
Market ConcentrationBlended Development
RegionGlobal
AdministratorBrown Brothers Harriman & Co.
CustodianBrown Brothers Harriman & Co.
Portfolio ManagerRay W. Allen
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year EndDecember 31
ExchangeNYSE Arca, Inc.
Number of Constituents32.0
Market MakerVirtu Financial
Total Expense1.191
Management Fee0.6
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