VelocityShares 3x Long has current Real Value of $26.57 per share. The regular price of the etf is $25.99. 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
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.