VelocityShares 3x Valuation Overview

UWT -- USA Etf  

USD 28.85  3.17  9.90%

VelocityShares 3x Lng has current Real Value of $28.82 per share. The regular price of the etf is $28.85. At this time the etf appears to be over valued. Macroaxis measures value of VelocityShares 3x Lng from inspecting the etf fundamentals such as Net Asset of 146.7M 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 securities prices and their ongoing real values will draw towards each other.
 Time Horizon     30 Days    Login   to change
VelocityShares 3x Lng Crude Oil ETN New is rated second in one year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs making up about  1,469,504  of Net Asset per One Year Return.

Current Market Valuation

VelocityShares 3x Lng Valuation Boundaries
Over Valued
June 18, 2018
28.85
Market Value
28.82
Real Value
Target Odds
  
43.43
Upside
VelocityShares 3x is not very volatile asset. Calculation of real value of VelocityShares 3x Lng is based on 1 month time horizon. Increasing VelocityShares 3x Lng 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 Lng Crude Oil ETN New is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Energy category is currently estimated at about 3.82 Billion. VelocityShares 3x holds roughly 146.7 Million in net asset claiming about 4% of all ETFs under Energy category.
Also please take a look at World Market Map. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.