VelocityShares 3x Alpha and Beta Analysis

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

USD 16.65  0.24  1.46%

This module allows you to check different measures of market premium for VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER as well as systematic risk associated with investing in VelocityShares 3x over a specified time horizon. Also please take a look at VelocityShares 3x Backtesting, Portfolio Optimization, VelocityShares 3x Correlation, VelocityShares 3x Hype Analysis, VelocityShares 3x Volatility, VelocityShares 3x History and analyze VelocityShares 3x Performance
Investment Horizon     30 Days    Login   to change
Run Premiums

VelocityShares 3x Market Premiums

α (average alpha)=0.3    β (beta)=0.21    
30 days against DJI
Risk Adjusted Performance  0.0258Jensen Alpha  1.29Total Risk Alpha  (2)Sortino Ratio  0.0278Treynor Ratio  (0.034213)

VelocityShares 3x expected buy-and-hold returns


VelocityShares 3x Market Price Analysis

Price Series Summation
Price Series Division
Inverse Tangent Over Price Movement
Price Ceiling Movement
Aroon Oscillator
Balance Of Power
Bollinger Bands
Double Exponential Moving Average
Belt hold
Hanging Man

VelocityShares 3x Return and Market Media

The median price of VelocityShares 3x for the period between Thu, Sep 21, 2017 and Sat, Oct 21, 2017 is 16.11 with a coefficient of variation of 4.7. The daily time series for the period is distributed with a sample standard deviation of 0.75, arithmetic mean of 16.0, and mean deviation of 0.61. The Etf received some media coverage during the period.
Price Growth (%)  
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