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 six 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 One Year Return to decide if VelocityShares 3x is priced fairly. Use VelocityShares 3x to enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of VelocityShares 3x to be traded at $32.08 in 30 days
VelocityShares 3x Company SummaryVelocityShares 3x competes with ProShares Ultra, VelocityShares 3x, DB Gold, 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 One Year Return vs Net Asset
VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER is rated below average in one year return as compared to similar ETFs. It is rated third in net asset as compared to similar ETFs .