VelocityShares 3x Performance

VelocityShares 3x Lng Crude Oil ETN New -- USA Etf  

USD 31.01  2.54  8.92%

The entity has beta of -0.9045 which indicates . Although it is vital to follow to VelocityShares 3x Lng current price movements, it is good to be conservative about what you can actually do with the information regarding 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. We have found twenty-eight technical indicators for VelocityShares 3x Lng Crude Oil ETN New which you can use to evaluate performance of the etf.
 Time Horizon     30 Days    Login   to change

VelocityShares 3x Lng Relative Risk vs. Return Landscape

If you would invest  2,629  in VelocityShares 3x Lng Crude Oil ETN New on February 19, 2018 and sell it today you would earn a total of  472.00  from holding VelocityShares 3x Lng Crude Oil ETN New or generate 17.95% return on investment over 30 days. VelocityShares 3x Lng Crude Oil ETN New is generating 0.8568% of daily returns assuming volatility of 4.6844% on return distribution over 30 days investment horizon. In other words, 43% of equities are less volatile than the company and above 84% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, VelocityShares 3x Lng Crude Oil ETN New is expected to generate 4.98 times more return on investment than the market. However, the company is 4.98 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 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 26.29 with a coefficient of variation of 4.77. The daily time series for the period is distributed with a sample standard deviation of 1.27, arithmetic mean of 26.6, and mean deviation of 1.02. 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 Lng Crude Oil ETN New are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

VelocityShares 3x Sharpe Ratio = 0.1829
Good Returns
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Estimated Market Risk

  actual daily
 57 %
of total potential

Expected Return

  actual daily
 16 %
of total potential

Risk-Adjusted Return

  actual daily
 12 %
of total potential
Based on monthly moving average VelocityShares 3x is performing at about 12% 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.