United States Net Asset vs. Five Year Return

USO Etf  USD 77.51  0.22  0.28%   
Based on United States' profitability indicators, United States Oil may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in April. Profitability indicators assess United States' ability to earn profits and add value for shareholders.
For United States profitability analysis, we use financial ratios and fundamental drivers that measure the ability of United States to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well United States Oil utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between United States's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of United States Oil over time as well as its relative position and ranking within its peers.
  
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The market value of United States Oil is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United States' market value can be influenced by many factors that don't directly affect United States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

United States Oil Five Year Return vs. Net Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining United States's current stock value. Our valuation model uses many indicators to compare United States value to that of its competitors to determine the firm's financial worth.
United States Oil is rated first in net asset as compared to similar ETFs. It is rated first in five year return as compared to similar ETFs . . Comparative valuation analysis is a catch-all model that can be used if you cannot value United States by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for United States' Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the United States' earnings, one of the primary drivers of an investment's value.

United Five Year Return vs. Net Asset

Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

United States

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
2.1 B
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

United States

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
(4.90) %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

United Five Year Return Comparison

United States is currently under evaluation in five year return as compared to similar ETFs.

United States Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in United States, profitability is also one of the essential criteria for including it into their portfolios because, without profit, United States will eventually generate negative long term returns. The profitability progress is the general direction of United States' change in net profit over the period of time. It can combine multiple indicators of United States, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels. US Oil is traded on NYSEARCA Exchange in the United States.

United Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on United States. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of United States position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the United States' important profitability drivers and their relationship over time.

Use United States in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United States position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United States will appreciate offsetting losses from the drop in the long position's value.

United States Pair Trading

United States Oil Pair Trading Analysis

The ability to find closely correlated positions to United States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United States when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United States - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United States Oil to buy it.
The correlation of United States is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United States Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for United States can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your United States position

In addition to having United States in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Industrials ETFs Thematic Idea Now

Industrials ETFs
Industrials ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Industrials ETFs theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Industrials ETFs Theme or any other thematic opportunities.
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When determining whether United States Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Oil Etf. Outlined below are crucial reports that will aid in making a well-informed decision on United States Oil Etf:
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You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for United Etf analysis

When running United States' price analysis, check to measure United States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
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To fully project United States' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of United States Oil at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include United States' income statement, its balance sheet, and the statement of cash flows.
Potential United States investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although United States investors may work on each financial statement separately, they are all related. The changes in United States's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on United States's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.