## VelocityShares 3x Technical Analysis |

VelocityShares 3x Inv Natural Gas ETN -- USA Etf | ## USD 27.08 1.15 4.07% |

VelocityShares 3x Inv Natural Gas ETN has Coefficient Of Variation of 1,029 and Risk Adjusted Performance of 0.11. 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 27.08 per share.

Time Horizon | 30 Days Login to change |

## VelocityShares 3x Inv Technical Analysis

The output start index for this execution was five with a total number of output elements of twelve. 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 0.17 % which may suggest that VelocityShares 3x Inv Natural Gas ETN market price will keep on failing further. It has 34 observation points and a regression sum of squares at 23.42, which is the sum of squared deviations for the predicted VelocityShares 3x price change compared to its average price change.VelocityShares 3x Inv Natural Gas ETN is rated

**# 2**ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about 1.27 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for VelocityShares 3x Inv Natural Gas ETN is roughly 1.27

## Technical Drivers

VelocityShares 3x March 17, 2018 Technical Indicators

Cycle Indicators | |

Math Operators | |

Math Transform | |

Momentum Indicators | |

Overlap Studies | |

Pattern Recognition | |

Price Transform | |

Statistic Functions | |

Volatility Indicators | |

Volume Indicators |

Risk Adjusted Performance | 0.11 | ||

Market Risk Adjusted Performance | 1.55 | ||

Mean Deviation | 2.56 | ||

Coefficient Of Variation | 1,029 | ||

Standard Deviation | 3.24 | ||

Variance | 10.52 | ||

Information Ratio | 0.10 | ||

Jensen Alpha | 0.33 | ||

Total Risk Alpha | 0.35 | ||

Treynor Ratio | 1.56 | ||

Maximum Drawdown | 9.39 | ||

Value At Risk | 5.60 | ||

Potential Upside | 4.88 | ||

Skewness | 0.14 | ||

Kurtosis | 0.43 |

## One Year Return

VelocityShares 3x Inv One Year Return

Based on recorded statements VelocityShares 3x Inv Natural Gas ETN has One Year Return of -6.37%. This is 157.54% lower than that of the Janus family, and significantly lower than that of Energy category, The One Year Return for all etfs is 409.6% higher than the company.

Year Return |

## Fundamentals Correlations

Analyze VelocityShares 3x Fundamentals Trends

## VelocityShares 3x Market Strength

VelocityShares 3x March 17, 2018 Daily Price Condition

Accumulation Distribution | 76,531 |

Daily Balance Of Power | (1.42) |

Rate Of Daily Change | 0.96 |

Day Median Price | 27.45 |

Day Typical Price | 27.33 |

Price Action Indicator | (0.95) |