VelocityShares 3x Buy or Sell Recommendation

Macroaxis provides VelocityShares 3x Inv Natural Gas ETN buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VelocityShares 3x positions. The advice algorithm takes into account all of VelocityShares 3x Inv Natural Gas ETN available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from VelocityShares 3x buy-and-hold prospective. Additionally see VelocityShares 3x Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
VelocityShares 3x Inv Natural Gas ETN -- USA Etf  

USD 34.49  1.01  2.85%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding VelocityShares 3x Inv Natural Gas ETN is 'Hold'.
For the selected time horizon VelocityShares 3x Inv Natural Gas ETN has a risk adjusted performance of 0.1662, jensen alpha of 2.03, total risk alpha of (0.15), sortino ratio of 0.3177 and treynor ratio of 3.8
Macroaxis recommendation module can be used to complement VelocityShares 3x Inv buy or sell recommendation provided by average analyst sentiment. It analyzes the organization potential to grow using fundamental, technical, data market data available at the time. Please use VelocityShares 3x Inv Number of Employees and Net Asset to make buy, hold, or sell decision on VelocityShares 3x.

Returns Distribution Density

Mean Return2.13Value At Risk10.14
Potential Upside13.45Standard Deviation6.76
 Return Density 
      Distribution 

VelocityShares 3x Greeks

α
Alpha over DOW
=2.03
βBeta against DOW=0.56
σ
Overall volatility
=6.86
 IrInformation ratio =0.29

VelocityShares 3x Volatility Alert

VelocityShares 3x Inv Natural Gas ETN is displaying above average volatility of 6.76 over selected time horizon. Investors should scrutinize VelocityShares 3x Inv Natural Gas ETN independently to make sure intended market timing strategies are aligned with expectations about VelocityShares 3x volatility.
    
 Better Than Average     
    
 Worse Than Average Compare VelocityShares 3x to competition
FundamentalsVelocityShares 3xPeer Average
One Year Return10.66 % (1.25) %
Three Year Return18.48 % 2.26 %
Five Year Return(20.72) % 0.2 %
Net Asset149.74 M888.73 M
SellBuy
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1662
Market Risk Adjusted Performance3.81
Mean Deviation5.42
Semi Deviation4.68
Downside Deviation6.16
Coefficient Of Variation316.67
Standard Deviation6.76
Variance45.66
Information Ratio0.2896
Jensen Alpha2.03
Total Risk Alpha(0.15)
Sortino Ratio0.3177
Treynor Ratio3.8
Maximum Drawdown24.1
Value At Risk(10.14)
Potential Upside13.45
Downside Variance37.93
Semi Variance21.89
Expected Short fall(6.33)
Skewness0.0086
Kurtosis(0.32)