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

Investment Horizon

  

Risk Tolerance

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

USD 22.49  0.39  1.76%

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 'Strong Sell'.
For the selected time horizon VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER has a mean deviation of 3.23, semi deviation of 3.86, standard deviation of 4.14, variance of 17.11, downside variance of 18.14 and semi variance of 14.91
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 Net Asset to decide if your VelocityShares 3x buy or sell deciscion is justified.

Returns Distribution Density

Mean Return0.19Value At Risk6.76
Potential Upside5.34Standard Deviation4.14
 Return Density 
      Distribution 

VelocityShares 3x Greeks

α
Alpha over DOW
=0.22
βBeta against DOW=0.22
σ
Overall volatility
=4.22
 IrInformation ratio =0.0028

VelocityShares 3x Volatility Alert

VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER shows above average downside volatility of 4.26 for selected time horizon. We advise investors to further inspect VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER to make sure all market timing and asset allocation strategies are consistent with estimation about VelocityShares 3x future alpha.
    
 Better Than Average     
    
 Worse Than Average Compare VelocityShares 3x to competition
FundamentalsVelocityShares 3xPeer Average
Net Asset235.43 M888.73 M
SellBuy
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0314
Market Risk Adjusted Performance(0.79)
Mean Deviation3.23
Semi Deviation3.86
Downside Deviation4.26
Coefficient Of Variation2193.98
Standard Deviation4.14
Variance17.11
Information Ratio0.0028
Jensen Alpha0.2156
Total Risk Alpha(1.21)
Sortino Ratio0.0027
Treynor Ratio(0.8)
Maximum Drawdown15.95
Value At Risk(6.76)
Potential Upside5.34
Downside Variance18.14
Semi Variance14.91
Expected Short fall(3.74)
Skewness(0.35)
Kurtosis(0.33)

Momentum

VelocityShares 3x Market Momentum