United States Brent Etf Profile
BNO Etf | USD 29.77 0.49 1.67% |
PerformanceVery Weak
| Odds Of DistressQuite High
|
United States is selling at 29.77 as of the 20th of March 2025; that is 1.67% increase since the beginning of the trading day. The etf's open price was 29.28. United States has more than 62 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
The Benchmark Futures Contract is the futures contract on Brent crude oil as traded on the Ice Futures Europe Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire. The company has 4.84 M outstanding shares. More on United States Brent
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United Etf Highlights
Thematic Idea | Energy ETFs (View all Themes) |
Old Names | [HARVEST NATURAL RES, HARVEST NATURAL RES - Frankfurt Stock Exchang, Bionomics Ltd] |
Business Concentration | Energy ETFs, Commodities Focused, USCF Investments (View all Sectors) |
Issuer | US Commodity Funds |
Inception Date | 2009-09-02 |
Entity Type | Partnership |
Asset Under Management | 90.65 Million |
Average Trading Valume | 440,711.4 |
Asset Type | Commodities |
Category | Energy |
Focus | Crude Oil |
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 | Ray W. Allen |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 31-Oct |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 9.0 |
Market Maker | Virtu Financial |
Total Expense | 0.94 |
Management Fee | 0.75 |
Country Name | USA |
Returns Y T D | (2.57) |
Name | United States Brent Oil Fund LP |
Currency Code | USD |
Open Figi | BBG000QZBM11 |
In Threey Volatility | 20.59 |
1y Volatility | 15.6 |
200 Day M A | 30.1906 |
50 Day M A | 30.6998 |
Code | BNO |
Updated At | 19th of March 2025 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.05 |
United States Brent [BNO] is traded in USA and was established 2010-06-02. The fund is classified under Commodities Focused category within USCF Investments family. The entity is thematically classified as Energy ETFs. United States Brent currently have 198.86 M in assets under management (AUM). , while the total return for the last 3 years was -0.6%.
United States Brent has about 88.73 M in cash with (54.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -11.19.
Check United States Probability Of Bankruptcy
United States Brent Risk Profiles
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.
Risk Adjusted Performance | 0.0096 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | 0.1161 | |||
Sortino Ratio | 0.0532 |
United States Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in United States Brent. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of United States Brent 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.