VelocityShares 3x Financial Ratios

VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER -- USA Etf  

USD 21.15  0.15  0.7%

Use fundamental data analysis to confirm all available indicators of VelocityShares 3x Long to find out if markets are presently mispricing the entity. We found five available drivers for VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER which can be compared to its competition. Please validate VelocityShares 3x Number of Employees and Net Asset to decide if VelocityShares 3x is priced fairly. Use VelocityShares 3x to protect against small markets fluctuations. The etf experiences moderate downward daily trend and can be a good diversifier. Check odds of VelocityShares 3x to be traded at $20.73 in 30 days

VelocityShares 3x Company Summary

VelocityShares 3x competes with ProShares Ultra, DB Gold, VelocityShares 3x, and ProShares Ultra. The investment seeks to replicate, net of expenses, three times of the SP GSCI Crude Oil Index ER. The index tracks a hypothetical position in the nearest-to-expiration NYMEX light sweet crude oil futures contract, which is rolled each month into the futures contract expiring in the next month. The value of the index fluctuates with changes in the price of the relevant NYMEX light sweet crude oil futures contracts.

VelocityShares 3x Long Systematic Risk

Function
Time Period
  Portfolio Optimization    
  
Execute Function
 
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on VelocityShares 3x Long correlated with the market. If Beta is less then 0 VelocityShares 3x generally moves in the opposite direction as compared to the market. If VelocityShares 3x Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VelocityShares 3x Long is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VelocityShares 3x is generally in the same direction as the market. If Beta > 1 VelocityShares 3x moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.
< 26% 

Chance of Financial Distress

VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER has less than 26 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
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Opportunity Range

December 17, 2017 Opportunity Range