VelocityShares 3x Performance

VelocityShares 3x Long Natural Gas ETN -- USA Etf  

USD 57.76  1.55  2.76%

The entity has beta of -0.169 which indicates as returns on market increase, returns on owning VelocityShares 3x are expected to decrease at a much smaller rate. During bear market, VelocityShares 3x is likely to outperform the market.. Although it is extremely important to respect VelocityShares 3x Long current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting VelocityShares 3x Long technical indicators you can presently evaluate if the expected return of 0.0916% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

VelocityShares 3x Long Relative Risk vs. Return Landscape

If you would invest  5,570  in VelocityShares 3x Long Natural Gas ETN on February 19, 2018 and sell it today you would earn a total of  51.00  from holding VelocityShares 3x Long Natural Gas ETN or generate 0.92% return on investment over 30 days. VelocityShares 3x Long Natural Gas ETN is currenly generating 0.0916% of daily expected returns and assumes 3.1784% 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 generate 3.33 times more return on investment than the market. However, the company is 3.33 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of risk.

VelocityShares 3x Realized Returns

VelocityShares 3x Daily Price Distribution

The median price of VelocityShares 3x for the period between Mon, Feb 19, 2018 and Wed, Mar 21, 2018 is 57.58 with a coefficient of variation of 5.14. The daily time series for the period is distributed with a sample standard deviation of 2.99, arithmetic mean of 58.21, and mean deviation of 2.39. The Etf received some media coverage during the period.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in VelocityShares 3x Long Natural Gas ETN are ranked lower than 1 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

VelocityShares 3x Sharpe Ratio = 0.0288
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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 1% 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.