|UGAZ -- USA Etf|| |
USD 54.93 7.87 12.53%
The entity has beta of -1.3481 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 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.