VelocityShares 3x Lng Crude Oil ETN New has a volatility of 6.53 and is 10.88 times more volatile than DOW. 59%
of all equities and portfolios are less risky than VelocityShares 3x. Compared to the overall equity markets, volatility of historical daily returns of VelocityShares 3x Lng Crude Oil ETN New is higher than 59 (%)
of all global equities and portfolios over the last 30 days. Use VelocityShares 3x Lng Crude Oil ETN New to protect against small markets fluctuations. The etf experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of VelocityShares 3x to be traded at $32.1 in 30 days
. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, VelocityShares 3x will likely underperform.
VelocityShares 3x correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding VelocityShares 3x Lng Crude Oi and equity matching DJI index in the same portfolio.