VelocityShares Performance

DWT -- USA Etf  

USD 5.98  0.23  3.70%

The entity has beta of -1.7184 which indicates as returns on market increase, returns on owning VelocityShares are expected to decrease by larger amounts. On the other hand, during market turmoil, VelocityShares is expected to significantly outperform it.. Even though it is essential to pay attention to VelocityShares 3x Invrs current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. VelocityShares 3x Invrs Crude Oil ETNNew exposes twenty-eight different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

VelocityShares 3x Invrs Relative Risk vs. Return Landscape

If you would invest  756.00  in VelocityShares 3x Invrs Crude Oil ETNNew on August 21, 2018 and sell it today you would lose (158.00)  from holding VelocityShares 3x Invrs Crude Oil ETNNew or give up 20.9% of portfolio value over 30 days. VelocityShares 3x Invrs Crude Oil ETNNew is generating negative expected returns assuming volatility of 3.7504% on return distribution over 30 days investment horizon. In other words, 34% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, VelocityShares 3x Invrs Crude Oil ETNNew is expected to under-perform the market. In addition to that, the company is 9.5 times more volatile than its market benchmark. It trades about -0.28 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.26 per unit of volatility.

VelocityShares Market Risk Analysis

Sharpe Ratio = -0.2777
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VelocityShares Relative Performance Indicators

Estimated Market Risk
 3.75
  actual daily
 
 66 %
of total potential
  
Expected Return
 -1.04
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.28
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average VelocityShares is performing at about 0% 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 by adding it to a well-diversified portfolio.

VelocityShares Performance Rating

VelocityShares 3x Invrs Crude Oil ETNNew Risk Adjusted Performance Analysis

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Risk-Adjusted Performance

Over the last 30 days VelocityShares 3x Invrs Crude Oil ETNNew has generated negative risk-adjusted returns adding no value to investors with long positions.

VelocityShares Alerts

Equity Alerts and Improvement Suggestions

VelocityShares generates negative expected return over the last 30 days
VelocityShares has high historical volatility and very poor performance
VelocityShares has high likelihood to experience some financial distress in the next 2 years
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VelocityShares Performance Indicators

VelocityShares 3x Invrs Basic Price Performance Measures

Fifty Two Week Low5.81
Fifty Two Week High26.32
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