VelocityShares 3x Backtesting

VelocityShares 3x Long Natural Gas ETN -- USA Etf  

USD 56.66  1.56  2.83%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of VelocityShares 3x Long Natural Gas ETN and determine expected loss or profit from investing in VelocityShares 3x over given investment horizon. Also please take a look at 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 18, 2018
No Change 0.00  0.0%
In 31 days
March 20, 2018
If you would invest  0.00  in VelocityShares 3x on February 18, 2018 and sell it all today you would earn a total of 0.00 from holding VelocityShares 3x Long 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 Long Natural Gas ETN is USA based ETF administrated by null

VelocityShares 3x Upside/Downside Indicators


VelocityShares 3x Market Premium Indicators

VelocityShares 3x Long lagged returns against current returns

 Current and Lagged Values 

VelocityShares 3x regressed lagged prices vs. current prices

 Current vs Lagged Prices 

VelocityShares 3x Long Backtested Returns

We consider VelocityShares 3x not too volatile. VelocityShares 3x Long owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0407 which indicates VelocityShares 3x Long had 0.0407% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for VelocityShares 3x Long Natural Gas ETN which you can use to evaluate future volatility of the etf. Please validate VelocityShares 3x Semi Deviation of 3.46, Coefficient Of Variation of 1807.49 and Risk Adjusted Performance of 0.0687 to confirm if risk estimate we provide are consistent with the epected return of 0.1305%. The entity has beta of -0.0124 which indicates as returns on market increase, returns on owning VelocityShares 3x are expected to decrease at a much smaller rate. During bear market, VelocityShares 3x is likely to outperform the market.. Although it is extremely important to respect VelocityShares 3x Long current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting VelocityShares 3x Long technical indicators you can presently evaluate if the expected return of 0.1305% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.59) 

Good reverse predictability

VelocityShares 3x Long Natural Gas ETN has good reverse predictability. Overlapping area represents the amount of predictability between VelocityShares 3x time series from February 18, 2018 to March 5, 2018 and March 5, 2018 to March 20, 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 Long price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current VelocityShares 3x price fluctuation can be explain by its past prices. Given that VelocityShares 3x Long Natural Gas ETN has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of VelocityShares 3x for similar time interval.
Correlation Coefficient -0.59
Spearman Rank Test -0.45
Price Variance 5.16
Lagged Price Variance 1.09

VelocityShares 3x Lagged Returns

 Regressed Prices 

VelocityShares 3x Performance vs DOW

The median price of VelocityShares 3x for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 57.58 with a coefficient of variation of 5.39. The daily time series for the period is distributed with a sample standard deviation of 3.13, arithmetic mean of 58.08, and mean deviation of 2.49. The Etf received some media coverage during the period.
 Price Growth (%)  
VelocityShares 3X Long Natural Gas ETN linked to the SandP G...03/01/2018