USCF Midstream Beta vs. Equity Positions Weight
| UMI Etf | USD 51.61 1.29 2.56% |
For USCF Midstream profitability analysis, we use financial ratios and fundamental drivers that measure the ability of USCF Midstream to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well USCF Midstream Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between USCF Midstream's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of USCF Midstream Energy over time as well as its relative position and ranking within its peers.
USCF |
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.
USCF Midstream Energy Equity Positions Weight vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining USCF Midstream's current stock value. Our valuation model uses many indicators to compare USCF Midstream value to that of its competitors to determine the firm's financial worth. USCF Midstream Energy is rated first in beta as compared to similar ETFs. It is rated third in equity positions weight as compared to similar ETFs making about 110.36 of Equity Positions Weight per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the USCF Midstream's earnings, one of the primary drivers of an investment's value.USCF Equity Positions Weight vs. Beta
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.
USCF Midstream |
| = | 0.9 |
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.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
USCF Midstream |
| = | 99.32 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
USCF Equity Positions Weight Comparison
USCF Midstream is currently under evaluation in equity positions weight as compared to similar ETFs.
Beta Analysis
USCF Midstream returns are very sensitive to returns on the market. As the market goes up or down, USCF Midstream is expected to follow.
USCF Midstream Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in USCF Midstream, profitability is also one of the essential criteria for including it into their portfolios because, without profit, USCF Midstream will eventually generate negative long term returns. The profitability progress is the general direction of USCF Midstream's change in net profit over the period of time. It can combine multiple indicators of USCF Midstream, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on USCF Midstream. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of USCF Midstream position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the USCF Midstream's important profitability drivers and their relationship over time.
Use USCF Midstream in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if USCF Midstream position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in USCF Midstream will appreciate offsetting losses from the drop in the long position's value.USCF Midstream Pair Trading
USCF Midstream Energy Pair Trading Analysis
The ability to find closely correlated positions to USCF Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace USCF Midstream when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back USCF Midstream - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling USCF Midstream Energy to buy it.
The correlation of USCF Midstream is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as USCF Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if USCF Midstream Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for USCF Midstream can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your USCF Midstream position
In addition to having USCF Midstream in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Check out World Market Map. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
To fully project USCF Midstream's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of USCF Midstream Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include USCF Midstream's income statement, its balance sheet, and the statement of cash flows.