(UNL) United States 12 Month - Overview
Etf: Natural Gas Futures
| Risk 5d forecast | |
|---|---|
| Volatility | 77.3% |
| Relative Tail Risk | -1.72% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.31 |
| Alpha | -21.94 |
| Character TTM | |
|---|---|
| Beta | 0.227 |
| Beta Downside | 0.249 |
| Drawdowns 3y | |
|---|---|
| Max DD | 54.24% |
| CAGR/Max DD | -0.32 |
Description: UNL United States 12 Month January 09, 2026
The United States 12-Month Natural Gas Fund LP (NYSE ARCA: UNL) seeks to track the performance of a rolling series of NYMEX natural-gas futures contracts. It holds the near-month contract and the subsequent 11 monthly contracts, providing continuous exposure to 12 consecutive months of natural-gas pricing, except when the near-month contract is within two weeks of expiration, at which point the fund rolls to the next contract.
Key market drivers that influence UNL’s returns include: (1) Henry Hub spot price movements, which serve as the benchmark for U.S. natural-gas pricing; (2) U.S. storage inventories, reported weekly by the Energy Information Administration (EIA), where deviations from the 5-year average often trigger price swings; and (3) weather-related demand, especially seasonal heating and cooling needs that can cause rapid shifts in consumption forecasts.
Recent performance metrics (as of the latest quarterly report) show a 12-month total return of approximately -8 % and an expense ratio of 0.75 %, reflecting the cost of rolling contracts and fund administration.
For a deeper quantitative breakdown, consult the UNL analytics on ValueRay to explore risk-adjusted returns and forward-looking scenario modeling.
What is the price of UNL shares?
Over the past week, the price has changed by +1.40%, over one month by +8.55%, over three months by -10.07% and over the past year by -16.56%.
Is UNL a buy, sell or hold?
What are the forecasts/targets for the UNL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 6.6 | -10.8% |
UNL Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 20.6m USD (20.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 20.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 20.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.75% (E(20.6m)/V(20.6m) * Re(6.75%) + (debt-free company))
Discount Rate = 6.75% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)