USCI Stock Summary and Trading Ideas (United States Commodity Etv | ARCA:USCI)

The investment objective of USCI is to have the daily changes in percentage terms of the Units net asset value ( NAV ) reflect the daily changes in percentage terms of the Index less USCI s expenses. The Index is comprised of 14 futures contracts that will be selected on a monthly basis from a list of 27 possible futures contracts. The futures contracts that at any given time make up the Index are referred to herein as Benchmark Component Futures Contracts.

United States Commodity Etv trades on the ARCA stock market under the symbol USCI.

As of May 13, 2024, USCI stock price declined to $60.72 with 8,018 million shares trading.

USCI has a beta of 0.09, meaning it tends to be less sensitive to market movements. USCI has a correlation of 0.01 to the broad based SPY ETF.

USCI has a market cap of $176.10 million. This is considered a Micro Cap stock.

In the last 3 years, USCI stock traded as high as $64.38 and as low as $38.41.

USCI has underperformed the market in the last year with a price return of +12.1% while the SPY ETF gained +27.8%. However, in the short term, USCI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.5% vs +4.3% return in SPY. But in the last 2 weeks, USCI shares have been beat by the market, returning -3.8% compared to an SPY return of +2.5%.

USCI support price is $60.69 and resistance is $61.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USCI stock will trade within this expected range on the day.