VelocityShares 3x Backtesting

VelocityShares 3x Lng Crude Oil ETN New -- USA Etf  

USD 31.68  2.35  8.01%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of VelocityShares 3x Lng Crude Oil ETN New 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 21, 2018
No Change 0.00  0.0%
In 31 days
March 23, 2018
If you would invest  0.00  in VelocityShares 3x on February 21, 2018 and sell it all today you would earn a total of 0.00 from holding VelocityShares 3x Lng Crude Oil ETN New 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 Lng Crude Oil ETN New is USA based ETF administrated by null

VelocityShares 3x Upside/Downside Indicators


VelocityShares 3x Market Premium Indicators

VelocityShares 3x Lng lagged returns against current returns

 Current and Lagged Values 

VelocityShares 3x regressed lagged prices vs. current prices

 Current vs Lagged Prices 

VelocityShares 3x Lng Backtested Returns

VelocityShares 3x is not very volatile given 1 month investment horizon. VelocityShares 3x Lng owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.2096 which indicates VelocityShares 3x Lng had 0.2096% of return per unit of risk over the last 1 month. Our philosophy towards measuring risk of a etf is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.0382% are justified by taking the suggested risk. Use VelocityShares 3x Lng Semi Deviation of 3.88, Coefficient Of Variation of 658.47 and Risk Adjusted Performance of 0.1584 to evaluate company specific risk that cannot be diversified away. The entity has beta of -0.9257 which indicates . Although it is vital to follow to VelocityShares 3x Lng current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. Macroaxis philosophy towards measuring future performance of any etf is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if VelocityShares 3x Lng Crude Oil ETN New expected return of 1.0382 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.44) 

Modest reverse predictability

VelocityShares 3x Lng Crude Oil ETN New has modest reverse predictability. Overlapping area represents the amount of predictability between VelocityShares 3x time series from February 21, 2018 to March 8, 2018 and March 8, 2018 to March 23, 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 Lng price movement. The serial correlation of -0.44 indicates that just about 44.0% of current VelocityShares 3x price fluctuation can be explain by its past prices. Given that VelocityShares 3x Lng Crude Oil ETN New 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 -0.44
Spearman Rank Test -0.45
Price Variance 5.17
Lagged Price Variance 1.89

VelocityShares 3x Lagged Returns

 Regressed Prices 

VelocityShares 3x Performance vs DOW

The median price of VelocityShares 3x for the period between Wed, Feb 21, 2018 and Fri, Mar 23, 2018 is 26.93 with a coefficient of variation of 7.01. The daily time series for the period is distributed with a sample standard deviation of 1.91, arithmetic mean of 27.23, and mean deviation of 1.51. The Etf received some media coverage during the period.
 Price Growth (%)  
Wall Street Monday Major Decliners, March 12 Overview03/12/2018