Uscf Midstream Energy Etf Price on June 7, 2024
| UMI Etf | USD 52.10 0.08 0.15% |
Below is the normalized historical share price chart for USCF Midstream Energy extending back to November 30, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of USCF Midstream stands at 52.10, as last reported on the 4th of December, with the highest price reaching 52.25 and the lowest price hitting 51.80 during the day.
If you're considering investing in USCF Etf, it is important to understand the factors that can impact its price. USCF Midstream appears to be very steady, given 3 months investment horizon. USCF Midstream Energy retains Efficiency (Sharpe Ratio) of 0.28, which indicates the etf had a 0.28% return per unit of volatility over the last 3 months. We have found thirty technical indicators for USCF Midstream, which you can use to evaluate the volatility of the etf. Please review USCF Midstream's downside deviation of 0.9536, and Risk Adjusted Performance of 0.2049 to confirm if our risk estimates are consistent with your expectations.
USCF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.31 | 200 Day MA 43.1382 | 1 y Volatility 14.49 | 50 Day MA 48.294 | Inception Date 2021-03-24 |
USCF |
Sharpe Ratio = 0.2815
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Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average USCF Midstream is performing at about 22% 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 USCF Midstream by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 27.5 K |
USCF Midstream Valuation on June 7, 2024
It is possible to determine the worth of USCF Midstream on a given historical date. On June 7, 2024 USCF was worth 39.88 at the beginning of the trading date compared to the closed value of 40.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of USCF Midstream etf. Still, in general, we apply an absolute valuation method to find USCF Midstream's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of USCF Midstream where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against USCF Midstream's related companies.
| Open | High | Low | Close | Volume | |
| 40.01 | 40.15 | 40.01 | 40.14 | 5,600 | |
06/07/2024 | 39.88 | 40.12 | 39.87 | 40.00 | 8,700 |
| 40.06 | 40.43 | 40.06 | 40.39 | 13,300 |
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USCF Midstream Trading Date Momentum on June 7, 2024
| On June 10 2024 USCF Midstream Energy was traded for 40.39 at the closing time. Highest USCF Midstream's price during the trading hours was 40.43 and the lowest price during the day was 40.06 . The net volume was 13.3 K. The overall trading history on the 10th of June contributed to the next trading period price growth. The trading price change to the next next day price was 0.98% . The trading price change to current price is 0.98% . |
USCF Midstream Energy Fundamentals Correlations and Trends
By evaluating USCF Midstream's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among USCF Midstream's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. USCF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About USCF Midstream Etf history
USCF Midstream investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for USCF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in USCF Midstream Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing USCF Midstream stock prices may prove useful in developing a viable investing in USCF Midstream
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.
USCF Midstream Etf Technical Analysis
USCF Midstream technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
USCF Midstream Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
USCF Midstream Energy cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
USCF Midstream December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how USCF Midstream etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading USCF Midstream shares will generate the highest return on investment. By undertsting and applying USCF Midstream etf market strength indicators, traders can identify USCF Midstream Energy entry and exit signals to maximize returns
USCF Midstream Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for USCF Midstream's price direction in advance. Along with the technical and fundamental analysis of USCF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of USCF to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2049 | |||
| Jensen Alpha | 0.1952 | |||
| Total Risk Alpha | 0.1136 | |||
| Sortino Ratio | 0.1452 | |||
| Treynor Ratio | 0.5362 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in USCF Midstream Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.