VelocityShares Valuation Overview

DGAZ -- USA Etf  

USD 24.39  0.70  2.79%

VelocityShares 3x Inv has current Real Value of $25.79 per share. The regular price of the etf is $24.39. At this time the etf appears to be under valued. Macroaxis measures value of VelocityShares 3x Inv from inspecting the etf fundamentals such as Net Asset of 311.05M, Five Year Return of (20.46)% and Number of Employees of 201 as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.
Horizon     30 Days    Login   to change
VelocityShares 3x Inv Natural Gas ETN is one of the top ETFs in net asset as compared to similar ETFs. It is one of the top ETFs in three year return as compared to similar ETFs .

Current Market Valuation

VelocityShares 3x Inv Valuation Boundaries

Under Valued
September 18, 2018
24.39
Market Value
25.79
Real Value
Target Odds
  
35.90
Upside
VelocityShares is not very risky asset. Calculation of real value of VelocityShares 3x Inv is based on 1 month time horizon. Increasing VelocityShares 3x Inv time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Additionally see Investing Opportunities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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