VelocityShares 3x Performance

DGAZ -- USA Etf  

USD 26.38  1.12  4.07%

The entity has beta of -0.4567 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 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. We have found twenty-one technical indicators for VelocityShares 3x Inv Natural Gas ETN which you can use to evaluate performance of the etf.
 Time Horizon     30 Days    Login   to change

VelocityShares 3x Inv Relative Risk vs. Return Landscape

If you would invest  2,289  in VelocityShares 3x Inv Natural Gas ETN on June 19, 2018 and sell it today you would earn a total of  349.00  from holding VelocityShares 3x Inv Natural Gas ETN or generate 15.25% return on investment over 30 days. VelocityShares 3x Inv Natural Gas ETN is currently generating 0.7035% of daily expected returns and assumes 3.439% risk (volatility on return distribution) over the 30 days horizon. In different words, 31% of equities are less volatile than VelocityShares 3x Inv Natural Gas ETN and 87% 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 5.74 times more return on investment than the market. However, the company is 5.74 times more volatile than its market benchmark. It trades about 0.2 of its potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of risk.

VelocityShares 3x Market Risk Analysis

Sharpe Ratio = 0.2046
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VelocityShares 3x Relative Performance Indicators

Estimated Market Risk
 3.44
  actual daily
 
 69 %
of total potential
  
Expected Return
 0.7
  actual daily
 
 13 %
of total potential
  
Risk-Adjusted Return
 0.2
  actual daily
 
 13 %
of total potential
  
Based on monthly moving average VelocityShares 3x is performing at about 13% 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.

Performance Rating

VelocityShares 3x Inv Natural Gas ETN Risk Adjusted Performance Analysis
13 

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 13 (%) of all global equities and portfolios over the last 30 days.

VelocityShares 3x Alerts

Equity Alerts and Improvement Suggestions
VelocityShares 3x appears to be very risky and stock price may revert if volatility continues
Latest headline from seekingalpha.com: ETF Deathwatch For June 2018
VelocityShares 3x Inv Natural Gas ETN created five year return of -16.0%
This fund retains all of the assets under management (AUM) in different types of exotic instruments
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