US Oil Etf Performance

USO
 Etf
  

USD 65.32  3.65  5.29%   

The entity owns a Beta (Systematic Risk) of 0.4098, which indicates possible diversification benefits within a given portfolio. Let's try to break down what US Oil's beta means in this case. As returns on the market increase, US Oil returns are expected to increase less than the market. However, during the bear market, the loss on holding US Oil will be expected to be smaller as well. Even though it is essential to pay attention to US Oil Fund existing price patterns, it is always good to be careful when utilizing equity price patterns. Our approach towards measuring any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. US Oil exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
  
US Oil Performance
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Over the last 90 days US Oil Fund has generated negative risk-adjusted returns adding no value to investors with long positions. Despite inconsistent performance in the last few months, the Etf's basic indicators remain quite persistent which may send shares a bit higher in October 2022. The latest mess may also be a sign of long-standing up-swing for the ETF venture institutional investors. ...more

US Oil Price Channel

Fifty Two Week Low46.16
Fifty Two Week High92.20

US Oil Relative Risk vs. Return Landscape

If you would invest  8,293  in US Oil Fund on June 27, 2022 and sell it today you would lose (1,761)  from holding US Oil Fund or give up 21.23% of portfolio value over 90 days. US Oil Fund is generating negative expected returns assuming volatility of 2.6583% on return distribution over 90 days investment horizon. In other words, 23% of etfs are less volatile than US Oil, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon US Oil is expected to under-perform the market. In addition to that, the company is 2.42 times more volatile than its market benchmark. It trades about -0.12 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

US Oil Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for US Oil's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as US Oil Fund, and traders can use it to determine the average amount a US Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1246

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Estimated Market Risk
 2.66
  actual daily
 
 23 %
of total potential
 
2323
Expected Return
 -0.33
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 0 %
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Risk-Adjusted Return
 -0.12
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Based on monthly moving average US Oil is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of US Oil by adding it to a well-diversified portfolio.

About US Oil Performance

To evaluate US Oil Fund Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when US Oil generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare US Oil Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand US Oil Fund market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents US Oil's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about US Oil Fund

Checking the ongoing alerts about US Oil for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for US Oil Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

US Oil Alerts

Equity Alerts and Improvement Suggestions

US Oil Fund 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-12.0 ten year return of -12.0%
US Oil keeps all of the net assets in exotic instruments
Also, please take a look at World Market Map. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for analysis

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