This module allows you to analyze existing cross correlation between VelocityShares 3x Lng Crude Oil ETN New and ProShares Ultra Silver. You can compare the effects of market volatilities on VelocityShares 3x and ProShares Ultra and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in VelocityShares 3x with a short position of ProShares Ultra. See also your portfolio center. Please also check ongoing floating volatility patterns of VelocityShares 3x and ProShares Ultra.
|Time Horizon||30 Days Login to change|
VelocityShares 3x Lng Crude Oi vs. ProShares Ultra Silver
Considering 30-days investment horizon, VelocityShares 3x Lng Crude Oil ETN New is expected to under-perform the ProShares Ultra. In addition to that, VelocityShares 3x is 2.25 times more volatile than ProShares Ultra Silver. It trades about -0.33 of its total potential returns per unit of risk. ProShares Ultra Silver is currently generating about -0.06 per unit of volatility. If you would invest 3,146 in ProShares Ultra Silver on May 20, 2018 and sell it today you would lose (96.00) from holding ProShares Ultra Silver or give up 3.05% of portfolio value over 30 days.