United States Oil Etf Performance
| USO Etf | USD 79.64 0.34 0.43% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and United States are completely uncorrelated.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in United States Oil are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, United States may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
1 | Biden administration to seek bids for 3M barrels for Strategic Petroleum Reserve | 02/26/2024 |
2 | Crude oil hits more than four-month high as IEA forecasts market deficit | 03/14/2024 |
3 | USO, BNO ETFs Ride Oils Best Two-Month Performance Since 2016 - AOL | 03/18/2024 |
4 | U.S. pump prices poised to hit 4 a gallon this summer, AAA says | 03/26/2024 |
5 | U.S. crude oil breaks 85 for first time since October as Mideast tension ramps up | 04/02/2024 |
6 | Drilling rig count slips to lowest in two months, Baker Hughes says | 04/05/2024 |
7 | Oil turns higher on report U.S. sees imminent Iran strike against Israel | 04/10/2024 |
8 | Oils rally takes a breather but traders await Israels response to Iran attack | 04/15/2024 |
9 | U.S. crude oil drops by most since January as supplies rise more than expected | 04/17/2024 |
10 | Oil prices turn lower as Israels attack on Iran appears limited | 04/19/2024 |
11 | Analyst Currie sees chances for 100-plus oil extraordinarily high | 04/23/2024 |
| In Threey Sharp Ratio | 0.85 |
United |
United States Relative Risk vs. Return Landscape
If you would invest 7,310 in United States Oil on January 26, 2024 and sell it today you would earn a total of 654.00 from holding United States Oil or generate 8.95% return on investment over 90 days. United States Oil is generating 0.1443% of daily returns assuming volatility of 1.2882% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than United, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
United States Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for United States' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as United States Oil, and traders can use it to determine the average amount a United States' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.112
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Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average United States is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of United States by adding it to a well-diversified portfolio.
United States Fundamentals Growth
United Etf prices reflect investors' perceptions of the future prospects and financial health of United States, and United States fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on United Etf performance.
| Return On Asset | -0.47 | |||
| Profit Margin | 1.01 % | |||
| Operating Margin | 1.01 % | |||
| Current Valuation | (359.22 M) | |||
| Shares Outstanding | 162.41 M | |||
| Price To Earning | 21.25 X | |||
| Price To Book | 0.68 X | |||
| Price To Sales | (1.41) X | |||
| Revenue | (1.27 B) | |||
| EBITDA | (1.29 B) | |||
| Cash And Equivalents | 3.28 B | |||
| Cash Per Share | (9.81) X | |||
| Debt To Equity | 0.02 % | |||
| Cash Flow From Operations | (1.59 B) | |||
| Earnings Per Share | 2.07 X | |||
| Total Asset | 2.1 B | |||
About United States Performance
To evaluate United States Oil Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when United States generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare United Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand United States Oil market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents United's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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 States Oil has high likelihood to experience some financial distress in the next 2 years | |
| Reported Net Loss for the year was (1.29 B) with loss before taxes, overhead, and interest of (1.27 B). | |
| United States Oil generated-12.0 ten year return of -12.0% | |
| Latest headline from seekingalpha.com: Analyst Currie sees chances for 100-plus oil extraordinarily high | |
| This fund keeps all of the net assets in exotic instruments |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Oil. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.