Uscf Gold Strategy Etf Market Value
| USG Etf | USD 33.20 0.04 0.12% |
| Symbol | USCF |
The market value of USCF Gold Strategy 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is USCF Gold'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 Gold's market value can be influenced by many factors that don't directly affect USCF Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if USCF Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USCF Gold'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.
USCF Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to USCF Gold's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of USCF Gold.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in USCF Gold on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding USCF Gold Strategy or generate 0.0% return on investment in USCF Gold over 90 days. USCF Gold is related to or competes with MicroSectors Gold, Franklin Responsibly, ProShares Ultra, GraniteShares Gold, Invesco DB, DB Gold, and DB Gold. The fund adviser seeks to achieve its investment objective by maintaining substantial economic exposure to the performan... More
USCF Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure USCF Gold's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess USCF Gold Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8564 | |||
| Information Ratio | 0.3616 | |||
| Maximum Drawdown | 3.46 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.41 |
USCF Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USCF Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USCF Gold's standard deviation. In reality, there are many statistical measures that can use USCF Gold historical prices to predict the future USCF Gold's volatility.| Risk Adjusted Performance | 0.2078 | |||
| Jensen Alpha | 0.1782 | |||
| Total Risk Alpha | 0.2859 | |||
| Sortino Ratio | 0.3425 | |||
| Treynor Ratio | (3.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of USCF Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
USCF Gold Strategy Backtested Returns
USCF Gold appears to be very steady, given 3 months investment horizon. USCF Gold Strategy retains Efficiency (Sharpe Ratio) of 0.26, which indicates the etf had a 0.26 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for USCF Gold, which you can use to evaluate the volatility of the etf. Please review USCF Gold's risk adjusted performance of 0.2078, and Downside Deviation of 0.8564 to confirm if our risk estimates are consistent with your expectations. The entity owns a Beta (Systematic Risk) of -0.0558, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning USCF Gold are expected to decrease at a much lower rate. During the bear market, USCF Gold is likely to outperform the market.
Auto-correlation | 0.66 |
Good predictability
USCF Gold Strategy has good predictability. Overlapping area represents the amount of predictability between USCF Gold time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of USCF Gold Strategy price movement. The serial correlation of 0.66 indicates that around 66.0% of current USCF Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
USCF Gold Strategy lagged returns against current returns
Autocorrelation, which is USCF Gold etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting USCF Gold's etf expected returns. We can calculate the autocorrelation of USCF Gold returns to help us make a trade decision. For example, suppose you find that USCF Gold has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
USCF Gold regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If USCF Gold etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USCF Gold etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USCF Gold etf over time.
Current vs Lagged Prices |
| Timeline |
USCF Gold Lagged Returns
When evaluating USCF Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USCF Gold etf have on its future price. USCF Gold autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, USCF Gold autocorrelation shows the relationship between USCF Gold etf current value and its past values and can show if there is a momentum factor associated with investing in USCF Gold Strategy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether USCF Gold Strategy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USCF Gold'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 Gold Strategy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Uscf Gold Strategy Etf:Check out USCF Gold Correlation, USCF Gold Volatility and USCF Gold Alpha and Beta module to complement your research on USCF Gold. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
USCF Gold 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.