UNG 📈 United States Natural Gas Fund

Exchange: NYSE ARCA • Opening Hours • Country: USA • Currency: USD • Type: Etf • ISIN: US9123183009 • Commodities Focused

UNG: Natural Gas, Futures Contracts

The United States Natural Gas Fund LP (NYSE ARCA:UNG) is an investment fund that focuses on the natural gas market. Its primary strategy is to invest in futures contracts for natural gas, which are traded on various exchanges such as the New York Mercantile Exchange (NYMEX), Intercontinental Exchange (ICE) Futures Europe, ICE Futures U.S., and other U.S. and foreign exchanges.

The fund's investment approach is centered around the Benchmark Futures Contract, which is the near-month contract for natural gas traded on the NYMEX. However, when the near-month contract is within two weeks of expiration, the fund adjusts its strategy to ensure a smooth transition to the next contract period. This approach allows the fund to maintain a consistent exposure to the natural gas market.

As a natural gas-focused fund, UNG provides investors with a way to gain exposure to the natural gas market, which can be an attractive option for those seeking to diversify their portfolios or capitalize on market trends. With its primary listing on the NYSE ARCA exchange, UNG offers a liquid and accessible investment opportunity for investors.

The fund is managed by USCF Investments, a company based in the United States, which provides investment management services to a range of funds and exchange-traded products. For more information on the fund and its investment approach, investors can visit the company's website at http://www.uscfinvestments.com.

Additional Sources for UNG ETF

UNG ETF Overview

Market Cap in USD 853m
Category Commodities Focused
TER 1.06%
IPO / Inception 2007-04-18

UNG ETF Ratings

Growth 5y -83.9
Fundamental -
Dividend -
Rel. Performance vs Sector -6.84
Analysts -
Fair Price Momentum 10.94 USD
Fair Price DCF -

UNG Dividends

Dividend Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.00%

UNG Growth Ratios

Growth Correlation 3m -30.5%
Growth Correlation 12m -72.9%
Growth Correlation 5y -60%
CAGR 5y -28.55%
CAGR/Mean DD 5y -0.56
Sharpe Ratio 12m -0.63
Alpha vs SP500 12m -51.85
Beta vs SP500 5y weekly 0.33
Volatility GJR Garch 1y 61.38%
Current Volume 13811.5k
Average Volume 20d 9027.8k
What is the price of UNG stocks?
As of November 21, 2024, the stock is trading at USD 14.75 with a total of 13,811,498 shares traded.
Over the past week, the price has changed by +4.54%, over one month by +11.32%, over three months by +0.68% and over the past year by -38.44%.
Is United States Natural Gas Fund a good stock to buy?
No, based on ValueRay Analyses, United States Natural Gas Fund (NYSE ARCA:UNG) is currently (November 2024) a stock to sell. It has a ValueRay Growth Rating of -83.94 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of UNG as of November 2024 is 10.94. This means that UNG is currently overvalued and has a potential downside of -25.83%.
Is UNG a buy, sell or hold?
United States Natural Gas Fund has no consensus analysts rating.
What are the forecast for UNG stock price target?
According to ValueRays Forecast Model, UNG United States Natural Gas Fund will be worth about 11.9 in November 2025. The stock is currently trading at 14.75. This means that the stock has a potential downside of -19.25%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 11.9 -19.3%