USCF Gold is trading at 29.61 as of the 28th of November 2024. This is a 0.51 percent increase since the beginning of the trading day. The etf's lowest day price was 29.59. USCF Gold has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. USCF Gold symbol was changed from GLDX on 4th of March 2024. Equity ratings for USCF Gold Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund adviser seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the physical gold and gold futures markets . The fund will only invest in COMEX Gold Warrants and gold futures through the subsidiary. The company has 140.1 M outstanding shares of which 6.47 M shares are at this time shorted by investors with about 5.06 days to cover. More on USCF Gold Strategy
USCF Gold Strategy [USG] is traded in USA and was established null. USCF Gold Strategy was previously known as USCF Gold Strategy and was traded on NYSE ARCA Exchange under the symbol GLDX. USCF Gold is listed under USCF Investments category by Fama And French industry classification. The fund is classified under Commodities Focused category within USCF Investments family. The entity is thematically classified as Gold ETFs. USCF Gold Strategy at this time have 3.15 M in net assets. with the current yeild of 0.09%.
USCF Gold Strategy has about 383 M in cash with 44.38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45.
Check USCF Gold Probability Of Bankruptcy
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 USCF Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
USCF Gold financial ratios help investors to determine whether USCF Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in USCF with respect to the benefits of owning USCF Gold security.