United Etf Profile

USO
 Etf
  

USD 63.65  1.72  2.63%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
United States is selling for 63.65 as of the 7th of December 2022. This is a -2.63 percent decrease since the beginning of the trading day. The etf's open price was 65.37. United States has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for United States Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of December 2020 and ending today, the 7th of December 2022. Click here to learn more.
USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels. US Oil is traded on NYSEARCA Exchange in the United States. The company has 162.41 M outstanding shares. More on United States Oil

United States Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. United States' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding United States or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
United States Oil generated a negative expected return over the last 90 days
Reported Net Loss for the year was (1.29 B) with loss before taxes, overhead, and interest of (1.27 B).
This fund generated-13.0 ten year return of -13.0%
United States keeps all of the net assets in exotic instruments
CEONicholas Gerber
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of United States' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyOvervalued
IssuerUS Commodity Funds
Inception Date2006-04-10
Entity TypePartnership
Asset Under Management2.26 Billion
Average Trading Valume4.45 Million
Asset TypeCommodities
CategoryEnergy
FocusCrude Oil
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorUnited States Commodity Funds LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerRay W. Allen
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents20.0
Market MakerVirtu Financial
Total Expense0.81
Management Fee0.45
Nav Price67.23
Two Hundred Day Average75.25
Ytd22.81%
Average Daily Volume In Three Month3.79M
Fifty Two Week Low46.16
As Of Date25th of November 2022
Average Daily Volume Last 10 Day5.67M
Fifty Two Week High92.2
One Month-6.22%
Fifty Day Average70.59
Three Month-12.47%
Beta In Three Year2.17
United States Oil [USO] is traded in USA and was established 2006-04-10. The fund is classified under Energy category within USCF Investments family. United States Oil at this time have 2.1 B in net assets. , while the total return for the last 3 years was -11.78%. United States Oil has about 3.28 B in cash with (1.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -9.812.
Check United States Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on United Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding United Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as United States Oil Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top United States Oil Etf Constituents

United States Target Price Odds Analysis

Proceeding from a normal probability distribution, the odds of United States jumping above the current price in 90 days from now is close to 99%. The United States Oil probability density function shows the probability of United States etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon United States has a beta of 0.7346. This usually implies as returns on the market go up, United States average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding United States Oil will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. United States Oil is significantly underperforming NYSE Composite.
  Odds Below 63.65HorizonTargetOdds Above 63.65
0.78%90 days
 63.65 
99.21%
Based on a normal probability distribution, the odds of United States to move above the current price in 90 days from now is close to 99 (This United States Oil probability density function shows the probability of United Etf to fall within a particular range of prices over 90 days) .

United States Top Holders

United States Historical Income Statement

United States Oil Income Statement is one of the three primary financial statements used for reporting United's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of United States Oil revenue and expense. United States Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Consolidated Income is expected to rise to about 827.1 M this year. Earning Before Interest and Taxes EBIT is expected to rise to about 827.1 M this year View More Fundamentals

United States Against Markets

Picking the right benchmark for United States etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in United States etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for United States is critical whether you are bullish or bearish towards United States Oil at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in United States without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Probability Of Bankruptcy

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Invested in United States Oil?

The danger of trading United States Oil is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of United States is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than United States. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile United States Oil is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Also, please take a look at World Market Map. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running United States Oil price analysis, check to measure United States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
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The market value of United States Oil is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine United States value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.