|Bid||17.46 x 1800|
|Ask||17.47 x 1800|
|Day's Range||17.24 - 17.92|
|52 Week Range||12.29 - 33.20|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||4.41|
|Expense Ratio (net)||0.95%|
Given the abrupt changes in oil price and an uncertain outlook, investors should place their bet on oil ETFs cautiously or could take advantage of the quick turn in sentiment with the help of ETFs.
Day trading using leveraged exchange traded funds (ETFs) is a high-risk undertaking but can return profit due to the volatile nature of the trade structure.
Given the clouds over the outlook for oil investment, investors should place their bet on oil ETFs cautiously or could take advantage of the quick turn in sentiment with the help of leveraged or inverse ETFs.
U.S. natural gas had a wild ride over the past week as investors were caught off guard by updated weather forecasts as well as reduced stocks. Oil moved in the opposite direction for the better part of the month as glut worries took prices back to October 2017 levels. On the currencies front, the U.S. dollar continues its march against the troubled euro and British pound. Last week has been mostly about the energy sector so leading companies in the field have trended accordingly. Investment grade corporate bonds closed the list as investors reevaluate the risk of placing funds in such assets. Check out our previous Trends edition at Trending: Investors Steer Towards Dividend Yields Amid Market Turmoil.
Crude oil prices and oil-related ETFs have surged this year, but the energy market may be entering a period of seasonal weakness. Year-to-date, the United States Oil Fund (NYSEArca: USO), which tracks ...
We have selected four exchange-traded funds (ETFs) that concentrate on shorting oil stocks. The funds were selected based on assets under management (AUM) as of September 10, 2018. You would use these investments when you think the price of oil will drop.
Occidental Petroleum’s (OXY) stock price was nearly flat in the week that ended on June 22. In this article, we’ll try to quantify any correlation between OXY and crude oil prices. In the week that ended on June 22, Occidental Petroleum’s stock price had a correlation of ~37% with crude oil’s price.
As we saw in the previous part of this series, ConocoPhillips’s (COP) stock price was up by 3.70% for the week ended June 22. Crude oil (SCO) rose strongly by 5.41%. So, COP’s stock price underperformed crude oil prices. In this part, we’ll quantify the correlation between COP stock and crude oil prices.