VelocityShares Risk Analysis And Volatility Evaluation

UWT -- USA Etf  

USD 42.37  2.51  6.30%

Macroaxis considers VelocityShares not very risky given 1 month investment horizon. VelocityShares 3x Lng owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.2011 which indicates VelocityShares 3x Lng had 0.2011% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. By inspecting VelocityShares 3x Lng technical indicators you can presently evaluate if the expected return of 0.7041% is justified by implied risk. Please operate VelocityShares Semi Deviation of 2.23, Coefficient Of Variation of 454.44 and Risk Adjusted Performance of 0.1066 to confirm if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

VelocityShares Market Sensitivity

One Month Beta |Analyze VelocityShares 3x Lng Demand Trend
Check current 30 days VelocityShares correlation with market (DOW)
β = -0.9332
VelocityShares llmost one BetaVelocityShares 3x Lng Beta Legend

VelocityShares 3x Lng Technical Analysis

The output start index for this execution was zero with a total number of output elements of seventeen. VelocityShares 3x Lng Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

VelocityShares Projected Return Density Against Market

Considering 30-days investment horizon, VelocityShares 3x Lng Crude Oil ETN New has beta of -0.9332 . This entails Moreover, VelocityShares 3x Lng Crude Oil ETN New has an alpha of 0.8124 implying that it can potentially generate 0.8124% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
Considering 30-days investment horizon, the coefficient of variation of VelocityShares is 497.37. The daily returns are destributed with a variance of 12.26 and standard deviation of 3.5. The mean deviation of VelocityShares 3x Lng Crude Oil ETN New is currently at 2.85. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44
Alpha over DOW
Beta against DOW=0.93
Overall volatility
Information ratio =0.20

VelocityShares Return Volatility

VelocityShares 3x Lng Crude Oil ETN New has volatility of 3.5018% on return distribution over 30 days investment horizon. DOW inherits 0.4495% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Market Risk Breakdown

VelocityShares Volatility Factors

30 Days Market Risk

Not very risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Totally opposite to market

Investment Outlook

VelocityShares Investment Opportunity

VelocityShares 3x Lng Crude Oil ETN New has a volatility of 3.5 and is 7.78 times more volatile than DOW. 31% of all equities and portfolios are less risky than VelocityShares. Compared to the overall equity markets, volatility of historical daily returns of VelocityShares 3x Lng Crude Oil ETN New is lower than 31 (%) of all global equities and portfolios over the last 30 days. Use VelocityShares 3x Lng Crude Oil ETN New to enhance returns of your portfolios. The etf experiences very speculative upward sentiment.. Check odds of VelocityShares to be traded at $52.96 in 30 days.

VelocityShares correlation with market

Good diversification
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.

VelocityShares Volatility Indicators

VelocityShares 3x Lng Crude Oil ETN New Current Risk Indicators

Also please take a look at World Market Map. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.