Our philosophy towards measuring volatility of an etf is to use all available market data together with etf specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for VelocityShares 3x Invrs Crude Oil ETNNew which you can use to evaluate future volatility of the etf. Please validate VelocityShares to confirm if risk estimate we provide are consistent with the epected return of 0.0%.