United States Natural Etf Profile
| UNG Etf | USD 13.81 1.27 8.42% |
Performance2 of 100
| Odds Of DistressOver 60
|
United States is trading at 13.81 as of the 28th of November 2024. This is a 8.42% down since the beginning of the trading day. The etf's lowest day price was 13.81. United States has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for United States Natural are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests primarily in futures contracts for natural gas that are traded on the NYMEX, ICE Futures Europe and ICE Futures U.S. US Natural is traded on NYSEARCA Exchange in the United States. The company has 49.2 M outstanding shares. More on United States Natural
Moving against United Etf
United Etf Highlights
| Thematic Idea | Energy ETFs (View all Themes) |
| Old Name | Universe Group plc |
| Business Concentration | Energy ETFs, Commodities Focused, USCF Investments, Trading (View all Sectors) |
| Issuer | US Commodity Funds |
| Inception Date | 2007-04-18 |
| Entity Type | Partnership |
| Asset Under Management | 877.12 Million |
| Average Trading Valume | 9.74 Million |
| Asset Type | Commodities |
| Category | Energy |
| Focus | Natural Gas |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | United States Commodity Funds LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | John P. Love |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 13.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.01 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | (25.64) |
| Name | United States Natural Gas Fund LP |
| Currency Code | USD |
| Open Figi | BBG000R695F9 |
| In Threey Volatility | 71.82 |
| 1y Volatility | 54.65 |
| 200 Day M A | 15.4307 |
| 50 Day M A | 14.3284 |
| Code | UNG |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.51) |
United States Natural [UNG] is traded in USA and was established 2007-04-18. The fund is classified under Commodities Focused category within USCF Investments family. The entity is thematically classified as Energy ETFs. United States Natural at this time have 467.63 M in net assets. , while the total return for the last 3 years was -39.9%.
United States Natural has about 478.77 M in cash with (272.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -5.54.
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 Natural 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.
United States Top Holders
| AMZA | InfraCap MLP ETF | Etf | Energy Limited Partnership | |
| HAC | Global X Seasonal | Etf | Alternative Equity Focused |
United States Natural Risk Profiles
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 United States. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0624 | |||
| Jensen Alpha | 0.2978 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0328 |
United States Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Natural. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of United States Natural 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 if United States is a good investment 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.