VelocityShares 3x Backtesting

VelocityShares 3x Inv Natural Gas ETN -- USA Etf  

USD 28.56  0.33  1.17%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of VelocityShares 3x Inv Natural Gas ETN and determine expected loss or profit from investing in VelocityShares 3x over given investment horizon. Additionally see VelocityShares 3x Hype Analysis, VelocityShares 3x Correlation, Portfolio Optimization, VelocityShares 3x Volatility as well as analyze VelocityShares 3x Alpha and Beta and VelocityShares 3x Performance
 Time Horizon     30 Days    Login   to change

VelocityShares 3x 'What if' Analysis

February 16, 2018
No Change 0.00  0.0%
In 31 days
March 18, 2018
If you would invest  0.00  in VelocityShares 3x on February 16, 2018 and sell it all today you would earn a total of 0.00 from holding VelocityShares 3x Inv Natural Gas ETN or generate 0.0% return on investment in VelocityShares 3x over 30 days. VelocityShares 3x is related to or competes with United States, iPath SP, PowerShares DB, United States, ProShares UltraShort, and VelocityShares 3x. VelocityShares 3x Inv Natural Gas ETN is USA based ETF administrated by null

VelocityShares 3x Upside/Downside Indicators


VelocityShares 3x Market Premium Indicators

VelocityShares 3x Inv lagged returns against current returns

 Current and Lagged Values 

VelocityShares 3x regressed lagged prices vs. current prices

 Current vs Lagged Prices 

VelocityShares 3x Inv Backtested Returns

Macroaxis considers VelocityShares 3x to be not very risky. VelocityShares 3x Inv owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1672 which indicates VelocityShares 3x Inv had -0.1672% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. VelocityShares 3x Inv Natural Gas ETN exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate VelocityShares 3x Coefficient Of Variation of 1,029 and Risk Adjusted Performance of 0.11 to confirm risk estimate we provide. The entity has beta of 0.2084 which indicates as returns on market increase, VelocityShares 3x returns are expected to increase less than the market. However during bear market, the loss on holding VelocityShares 3x will be expected to be smaller as well.. Even though it is essential to pay attention to VelocityShares 3x Inv current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. VelocityShares 3x Inv Natural Gas ETN exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.20 

Weak predictability

VelocityShares 3x Inv Natural Gas ETN has weak predictability. Overlapping area represents the amount of predictability between VelocityShares 3x time series from February 16, 2018 to March 3, 2018 and March 3, 2018 to March 18, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VelocityShares 3x Inv price movement. The serial correlation of 0.2 indicates that over 20.0% of current VelocityShares 3x price fluctuation can be explain by its past prices.
Correlation Coefficient 0.2
Spearman Rank Test -0.21
Price Variance 0.96
Lagged Price Variance 0.9

VelocityShares 3x Lagged Returns

 Regressed Prices 

VelocityShares 3x Performance vs DOW

The median price of VelocityShares 3x for the period between Fri, Feb 16, 2018 and Sun, Mar 18, 2018 is 28.7 with a coefficient of variation of 5.86. The daily time series for the period is distributed with a sample standard deviation of 1.67, arithmetic mean of 28.51, and mean deviation of 1.32. The Etf received some media coverage during the period.
 Price Growth (%)  
VelocityShares 3X Long Natural Gas ETN linked to the SandP G...03/09/2018