Uscf Midstream Energy Etf Fundamentals

UMI Etf  USD 46.49  0.46  0.98%   
USCF Midstream Energy fundamentals help investors to digest information that contributes to USCF Midstream's financial success or failures. It also enables traders to predict the movement of USCF Etf. The fundamental analysis module provides a way to measure USCF Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to USCF Midstream etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

USCF Midstream Energy ETF Beta Analysis

USCF Midstream's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current USCF Midstream Beta

    
  0.8  
Most of USCF Midstream's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, USCF Midstream Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, USCF Midstream Energy has a Beta of 0.8. This is much higher than that of the USCF Investments family and significantly higher than that of the Energy Limited Partnership category. The beta for all United States etfs is notably lower than that of the firm.

USCF Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses USCF Midstream's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of USCF Midstream could also be used in its relative valuation, which is a method of valuing USCF Midstream by comparing valuation metrics of similar companies.
USCF Midstream is currently under evaluation in beta as compared to similar ETFs.

Fund Asset Allocation for USCF Midstream

The fund invests 99.32% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
Asset allocation divides USCF Midstream's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As returns on the market increase, USCF Midstream's returns are expected to increase less than the market. However, during the bear market, the loss of holding USCF Midstream is expected to be smaller as well.

USCF Fundamentals

About USCF Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze USCF Midstream Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of USCF Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of USCF Midstream Energy based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The fund will seek to achieve its investment objectives by investing, under normal market conditions, at least 80 percent of its net assets in equity securities of U.S. and Canadian companies of any market capitalization deemed by the Sub-Adviser to be engaged in the midstream energy sector. Uscf Midstream is traded on NYSEARCA Exchange in the United States.

Currently Active Assets on Macroaxis

When determining whether USCF Midstream Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USCF Midstream's 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 Uscf Midstream Energy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Uscf Midstream Energy Etf:
Check out USCF Midstream Piotroski F Score and USCF Midstream Altman Z Score analysis.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of USCF Midstream Energy is measured differently than its book value, which is the value of USCF that is recorded on the company's balance sheet. Investors also form their own opinion of USCF Midstream's value that differs from its market value or its book value, called intrinsic value, which is USCF Midstream's 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 USCF Midstream's market value can be influenced by many factors that don't directly affect USCF Midstream's 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 USCF Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if USCF Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USCF Midstream's 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.