US Brent Etf Profile

BNO
 Etf
  

USD 28.85  0.73  2.47%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
US Brent is selling for 28.85 as of the 17th of August 2022. This is a -2.47% down since the beginning of the trading day. The etf's open price was 29.58. US Brent 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 US Brent Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of July 2022 and ending today, the 17th of August 2022. Click here to learn more.
The Benchmark Futures Contract is the futures contract on Brent crude oil as traded on the Ice Futures Europe Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire. The company has 4.84 M outstanding shares. More on US Brent Oil

US Brent 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. US Brent's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding US Brent or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
US Brent Oil generated a negative expected return over the last 90 days
Reported Net Loss for the year was (43.65 M) with loss before taxes, overhead, and interest of (42.82 M).
The fund generated-2.0 ten year return of -2.0%
US Brent Oil holds all of the assets under management (AUM) in different types of 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 US Brent's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
IssuerUS Commodity Funds
Inception Date2009-09-02
Entity TypePartnership
Asset Under Management220.11 Million
Average Trading Valume394,040
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 End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents9.0
Market MakerVirtu Financial
Total Expense0.9
Management Fee0.75
Nav Price32.51
Two Hundred Day Average27.63
Ytd47.38%
Average Daily Volume In Three Month754.34k
Fifty Two Week Low16.87
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day435.12k
Fifty Two Week High36.84
One Month-5.55%
Fifty Day Average32.36
Three Month1.12%
Beta In Three Year2.09
US Brent Oil [BNO] is traded in USA and was established 2010-06-02. The fund is classified under Energy category within USCF Investments family. US Brent Oil currently have 276.1 M in assets under management (AUM). , while the total return for the last 3 years was 17.97%. US Brent Oil has about 88.73 M in cash with (54.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -11.19.
Check US Brent 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 US Brent Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding US Brent 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 US Brent 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.

US Brent Target Price Odds Analysis

What are US Brent's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of US Brent jumping above the current price in 90 days from now is roughly 97.0%. The US Brent Oil probability density function shows the probability of US Brent etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon US Brent has a beta of 0.354 suggesting as returns on the market go up, US Brent average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding US Brent 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. US Brent Oil is significantly underperforming DOW.
  Odds Below 28.85HorizonTargetOdds Above 28.85
3.27%90 days
 28.85 
96.70%
Based on a normal probability distribution, the odds of US Brent to move above the current price in 90 days from now is roughly 97.0 (This US Brent Oil probability density function shows the probability of US Brent Etf to fall within a particular range of prices over 90 days) .

US Brent Oil Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. US Brent market risk premium is the additional return an investor will receive from holding US Brent long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in US Brent. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although US Brent's alpha and beta are two of the key measurements used to evaluate US Brent's performance over the market, the standard measures of volatility play an important role as well.

US Brent Oil Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. US Brent Oil Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe US Brent price patterns.
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US Brent Against Markets

Picking the right benchmark for US Brent 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 US Brent 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 US Brent is critical whether you are bullish or bearish towards US Brent 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 US Brent without increasing your portfolio risk or giving up 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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Invested in US Brent Oil?

You need to understand the risk of investing before taking a position in US Brent. The danger of trading US Brent 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 US Brent 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 US Brent. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile US Brent 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.
Continue to Trending Equities. Note that the US Brent Oil information on this page should be used as a complementary analysis to other US Brent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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