VelocityShares 3x Buy or Sell Recommendation

Macroaxis provides VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER 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 Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from VelocityShares 3x buy-and-hold prospective. Also please take a look at VelocityShares 3x Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER -- USA Etf  

USD 25.65  3.15  10.94%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER is 'Hold'.
For the selected time horizon VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER has a risk adjusted performance of 0.15, jensen alpha of 0.20, total risk alpha of 0.00084876, sortino ratio of 0.0 and treynor ratio of 0.30
Macroaxis buy or sell recommendation module can be used to complement current analysts and expert consensus on VelocityShares 3x Long. Our recommendation engine harnesses analyzes the etf potential to grow using all fundamental data market data available at the time. Please validate VelocityShares 3x Number of Employees and One Year Return to decide if your VelocityShares 3x buy or sell deciscion is justified.

Returns Distribution Density

Mean Return0.42Value At Risk6.69
Potential Upside7.68Standard Deviation4.70
 Return Density 
      Distribution 

VelocityShares 3x Greeks

α
Alpha over DOW
=0.2
β
Beta against DOW=1.44
σ
Overall volatility
=4.76
Ir
Information ratio =0.06

VelocityShares 3x Volatility Alert

VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER exhibits very low volatility with skewness of 0.2 and kurtosis of -0.91. However, we advise investors to further study VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare VelocityShares 3x to competition
FundamentalsVelocityShares 3xPeer Average
One Year Return24.81 % (1.25) %
Net Asset117.78 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 Performance0.15
Market Risk Adjusted Performance0.29
Mean Deviation3.85
Coefficient Of Variation1,111
Standard Deviation4.7
Variance22.09
Information Ratio0.057835
Jensen Alpha0.20
Total Risk Alpha0.00084876
Treynor Ratio0.30
Maximum Drawdown14.01
Value At Risk6.69
Potential Upside7.68
Skewness0.1991
Kurtosis0.91