VelocityShares 3x Valuation

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

USD 21.54  0.09  0.42%

VelocityShares 3x Long has current Real Value of $19.78 per share. The regular price of the etf is $21.54. At this time the etf appears to be over valued. Macroaxis measures value of VelocityShares 3x Long from inspecting the etf fundamentals such as Net Asset of 235.43M 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.
Investment Horizon     30 Days    Login   to change

VelocityShares 3x Total Value Analysis

VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER is at this time estimated to have company total value of 2.35 B with market capitalization of 2.35 B, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the VelocityShares 3x fundamentals before making security assessment based on the enterprise value of the company
Over Valued
December 11, 2017
21.54
Market Value
Downside upside
19.78
Real Value
Target Price Odds
 Above  Below  
32.62
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 first in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Leveraged Commodities category is currently estimated at about 357.96 Million. VelocityShares 3x totals roughly 235.43 Million in net asset claiming about 66% of equities under Trading--Leveraged Commodities ETF category.