VelocityShares 3x Performance

UGAZ -- USA Etf  

USD 54.45  0.49  0.91%

The entity has beta of 0.106 which indicates as returns on market increase, VelocityShares 3x returns are expected to increase less than the market. However during bear market, the loss on holding VelocityShares 3x will be expected to be smaller as well.. Even though it is essential to pay attention to VelocityShares 3x Long 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 Long Natural Gas ETN exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

VelocityShares 3x Long Relative Risk vs. Return Landscape

If you would invest  6,617  in VelocityShares 3x Long Natural Gas ETN on June 22, 2018 and sell it today you would lose (1,221)  from holding VelocityShares 3x Long Natural Gas ETN or give up 18.45% of portfolio value over 30 days. VelocityShares 3x Long Natural Gas ETN is currently does not generate positive expected returns and assumes 3.1941% risk (volatility on return distribution) over the 30 days horizon. In different words, 29% of equities are less volatile than VelocityShares 3x Long Natural Gas ETN and 99% 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 Long Natural Gas ETN is expected to under-perform the market. In addition to that, the company is 5.6 times more volatile than its market benchmark. It trades about -0.29 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of volatility.

VelocityShares 3x Market Risk Analysis

Sharpe Ratio = -0.2873
Good Returns
Average Returns
Small Returns
Negative ReturnsUGAZ

VelocityShares 3x Relative Performance Indicators

Estimated Market Risk
  actual daily
 71 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average VelocityShares 3x 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 3x by adding it to a well-diversified portfolio.

Performance Rating

VelocityShares 3x Long Natural Gas ETN Risk Adjusted Performance Analysis

Risk-Adjusted Performance

Over the last 30 days VelocityShares 3x Long Natural Gas ETN has generated negative risk-adjusted returns adding no value to investors with long positions.

VelocityShares 3x Alerts

Equity Alerts and Improvement Suggestions
VelocityShares 3x generates negative expected return over the last 30 days
VelocityShares 3x has high historical volatility and very poor performance
VelocityShares 3x has high likelihood to experience some financial distress in the next 2 years
VelocityShares 3x Long Natural Gas ETN created five year return of -71.0%
This fund keeps all of the net assets in exotic instruments
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