United States Natural Etf Profile
| UNG Etf | USD 14.42 0.04 0.28% |
Performance0 of 100
| Odds Of DistressOver 64
|
United States is trading at 14.42 as of the 19th of April 2024. This is a 0.28 percent increase since the beginning of the trading day. The etf's lowest day price was 14.34. United States has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for United States Natural are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests primarily in futures contracts for natural gas that are traded on the NYMEX, ICE Futures Europe and ICE Futures U.S. US Natural is traded on NYSEARCA Exchange in the United States. The company has 49.2 M outstanding shares. More on United States Natural
Moving against United Etf
| 0.79 | USD | ProShares Ultra Semi | PairCorr |
| 0.75 | MLPR | ETRACS Quarterly Pay | PairCorr |
| 0.74 | DBA | Invesco DB Agriculture | PairCorr |
| 0.74 | PXE | Invesco Dynamic Energy | PairCorr |
| 0.72 | USO | United States Oil Sell-off Trend | PairCorr |
| 0.72 | IEO | iShares Oil Gas | PairCorr |
| 0.72 | FCG | First Trust Natural | PairCorr |
United Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. United States' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding United States or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Nicholas Gerber |
| Thematic Idea | Energy ETFs (View all Themes) |
| Old Name | Universe Group plc |
| Business Concentration | Energy ETFs, Commodities Focused, USCF Investments, Trading (View all Sectors) |
| Issuer | US Commodity Funds |
| Inception Date | 2007-04-18 |
| Entity Type | Partnership |
| Asset Under Management | 819.86 Million |
| Average Trading Valume | 6.62 Million |
| Asset Type | Commodities |
| Category | Energy |
| Focus | Natural Gas |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | United States Commodity Funds LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | John P. Love |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 11.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.11 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | (29.09) |
| Name | United States Natural Gas Fund LP |
| Currency Code | USD |
| Open Figi | BBG000R695F9 |
| In Threey Volatility | 72.06 |
| 1y Volatility | 40.45 |
| 200 Day M A | 23.1819 |
| 50 Day M A | 15.6886 |
| Code | UNG |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.13) |
United States Natural [UNG] is traded in USA and was established 2007-04-18. The fund is classified under Commodities Focused category within USCF Investments family. The entity is thematically classified as Energy ETFs. United States Natural at this time have 467.63 M in net assets. , while the total return for the last 3 years was -28.6%.
United States Natural has about 478.77 M in cash with (272.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -5.54.
Check United States Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on United Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding United Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as United States Natural Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
United States Target Price Odds Analysis
In reference to a normal probability distribution, the odds of United States jumping above the current price in 90 days from now is about 84.47%. The United States Natural probability density function shows the probability of United States etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon United States has a beta of 0.2626. This usually implies as returns on the market go up, United States average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding United States Natural will be expected to be much smaller as well. Additionally, united States Natural has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of United States to move above the current price in 90 days from now is about 84.47 (This United States Natural probability density function shows the probability of United Etf to fall within a particular range of prices over 90 days) .
United States Top Holders
| AMZA | InfraCap MLP ETF | Etf | Energy Limited Partnership |
| HAC | Horizons Seasonal Rotation | Etf | Alternative Equity Focused |
United States Natural Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. United States market risk premium is the additional return an investor will receive from holding United States long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in United States. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although United States' alpha and beta are two of the key measurements used to evaluate United States' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (2.56) |
United States Against Markets
Picking the right benchmark for United States etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in United States etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for United States is critical whether you are bullish or bearish towards United States Natural at a given time. Please also check how United States' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in United States without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Volatility Now
Portfolio VolatilityCheck portfolio volatility and analyze historical return density to properly model market risk |
| All Next | Launch Module |
How to buy United Etf?
Before investing in United States, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in United States. To buy United States etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of United States. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase United States etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located United States Natural etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased United States Natural etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as United States Natural, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy United Etf please use our How to Invest in United States guide.
Already Invested in United States Natural?
The danger of trading United States Natural is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of United States is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than United States. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile United States Natural is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether United States Natural is a strong investment it is important to analyze United States' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United States' future performance. For an informed investment choice regarding United Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Natural. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of United States Natural 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.