Uscf Gold Strategy Etf Technical Analysis
| USG Etf | USD 29.61 0.15 0.51% |
As of the 28th of November, USCF Gold owns the downside deviation of 1.06, and Risk Adjusted Performance of 0.061. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of USCF Gold Strategy, as well as the relationship between them. Please validate USCF Gold Strategy information ratio, as well as the relationship between the potential upside and kurtosis to decide if USCF Gold Strategy is priced more or less accurately, providing market reflects its prevailing price of 29.61 per share.
USCF Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as USCF, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to USCFUSCF |
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.
USCF Gold Strategy Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of USCF Gold Strategy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
USCF Gold Strategy Trend Analysis
Use this graph to draw trend lines for USCF Gold Strategy. You can use it to identify possible trend reversals for USCF Gold as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual USCF Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.USCF Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for USCF Gold Strategy applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that USCF Gold Strategy will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 21.08, which is the sum of squared deviations for the predicted USCF Gold price change compared to its average price change.About USCF Gold Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of USCF Gold Strategy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of USCF Gold Strategy based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on USCF Gold Strategy price pattern first instead of the macroeconomic environment surrounding USCF Gold Strategy. By analyzing USCF Gold's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of USCF Gold's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to USCF Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
USCF Gold November 28, 2024 Technical Indicators
Most technical analysis of USCF help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for USCF from various momentum indicators to cycle indicators. When you analyze USCF charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.061 | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 0.7123 | |||
| Semi Deviation | 0.9468 | |||
| Downside Deviation | 1.06 | |||
| Coefficient Of Variation | 1292.36 | |||
| Standard Deviation | 0.9326 | |||
| Variance | 0.8698 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | 0.0798 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 4.68 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.35 | |||
| Downside Variance | 1.11 | |||
| Semi Variance | 0.8965 | |||
| Expected Short fall | (0.72) | |||
| Skewness | (0.78) | |||
| Kurtosis | 1.32 |
USCF Gold November 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as USCF stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 2.19 | ||
| Daily Balance Of Power | 7.50 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 29.60 | ||
| Day Typical Price | 29.60 | ||
| Price Action Indicator | 0.08 |
Other Information on Investing in USCF Etf
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.