VelocityShares 3x Performance

VelocityShares 3x Inv Natural Gas ETN -- USA Etf  

USD 26.4  0.38  1.46%

The entity has beta of 4.245 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, VelocityShares 3x will likely underperform.. Although it is vital to follow to VelocityShares 3x Inv current price movements, it is good to be conservative about what you can actually do with the information regarding 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 Inv technical indicators you can presently evaluate if the expected return of 0.4075% will be sustainable into the future.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  2,415  in VelocityShares 3x Inv Natural Gas ETN on September 21, 2017 and sell it today you would earn a total of  187  from holding VelocityShares 3x Inv Natural Gas ETN or generate 7.74% return on investment over 30 days. VelocityShares 3x Inv Natural Gas ETN is currenly generating 0.4075% of daily expected returns and assumes 3.7679% risk (volatility on return distribution) over the 30 days horizon. In different words, 35% of equities are less volatile than VelocityShares 3x Inv Natural Gas ETN and 92% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, VelocityShares 3x Inv Natural Gas ETN is expected to generate 15.22 times more return on investment than the market. However, the company is 15.22 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly 0.65 per unit of risk.

VelocityShares 3x Realized Returns

VelocityShares 3x Daily Price Distribution

The median price of VelocityShares 3x for the period between Thu, Sep 21, 2017 and Sat, Oct 21, 2017 is 26.02 with a coefficient of variation of 5.53. The daily time series for the period is distributed with a sample standard deviation of 1.42, arithmetic mean of 25.74, and mean deviation of 1.17. The Etf received some media coverage during the period.
7 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in VelocityShares 3x Inv Natural Gas ETN are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

VelocityShares 3x Sharpe Ratio = 0.1081
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Estimated Market Risk

 3.77
  actual daily
 
 65 %
of total potential
  

Expected Return

 0.41
  actual daily
 
 8 %
of total potential
  

Risk-Adjusted Return

 0.11
  actual daily
 
 7 %
of total potential
  
Based on monthly moving average VelocityShares 3x is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VelocityShares 3x by adding it to a well-diversified portfolio.