VelocityShares 3x Valuation

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

USD 25.65  0.64  2.43%

VelocityShares 3x Long has current Real Value of $26.28 per share. The regular price of the etf is $25.65. At this time the etf appears to be under valued. Macroaxis measures value of VelocityShares 3x Long from inspecting the etf fundamentals such as Net Asset of 117.78M and Number of Employees of 491 as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securites prices and their ongoing real values will draw towards each other.
 Time Horizon     30 Days    Login   to change
VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER is rated fourth in net asset as compared to similar ETFs. It is rated third in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER is about  4,747,279 
Under Valued
February 21, 2018
25.65
Market Value
Downside upside
26.28
Real Value
Target Price Odds
 Above  Below  
40.02
Upside
Upside upside
VelocityShares 3x is not very volatile asset. Calculation of real value of VelocityShares 3x Long is based on 1 month time horizon. Increasing VelocityShares 3x Long time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

VelocityShares 3x Net Asset Analysis
VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER is rated fourth in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Leveraged Commodities category is currently estimated at about 651.54 Million. VelocityShares 3x retains roughly 117.78 Million in net asset claiming about 18% of equities under Trading--Leveraged Commodities ETF category.