VelocityShares 3x Technical Analysis Overview

DGAZ -- USA Etf  

USD 26.62  0.24  0.91%

VelocityShares 3x Inv Natural Gas ETN has Semi Deviation of 2.51, Coefficient Of Variation of 332.31 and Risk Adjusted Performance of 0.1483. VelocityShares 3x technical analysis provides you with the way to harness past market data to determine a pattern that measures the direction of the etf future prices. In other words you can use this information to find out if the etf will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for VelocityShares 3x Inv Natural Gas ETN which can be compared to its competition. Please validate VelocityShares 3x Inv Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if VelocityShares 3x is priced more or less accurately providing market reflects its prevalent price of 26.62 per share.
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VelocityShares 3x Inv Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of VelocityShares 3x Inv volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

VelocityShares 3x Inv Trend Analysis

Use this graph to draw trend lines for VelocityShares 3x Inv Natural Gas ETN. You can use it to identify possible trend reversals for VelocityShares 3x as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual VelocityShares 3x price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

VelocityShares 3x Best Fit Change Line

The following chart estimates an ordinary least squares regression model for VelocityShares 3x Inv Natural Gas ETN applied against its price change over selected period. The best fit line has a slop of 0.30 % which means VelocityShares 3x Inv Natural Gas ETN will continue generating value for investors. It has 34 observation points and a regression sum of squares at 71.11, which is the sum of squared deviations for the predicted VelocityShares 3x price change compared to its average price change.

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VelocityShares 3x Inv One Year Return

Based on recorded statements VelocityShares 3x Inv Natural Gas ETN has One Year Return of -7.27%. This is 165.67% lower than that of the Janus family, and significantly lower than that of Energy category, The One Year Return for all etfs is 481.6% higher than the company.
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      VelocityShares 3x Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

VelocityShares 3x July 23, 2018 Daily Price Condition

Additionally see Investing Opportunities. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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