VelocityShares 3x Risk Analysis And Volatility Evaluation

UWT -- USA Etf  

USD 30.46  4.87  13.78%

Macroaxis considers VelocityShares 3x not very volatile given 1 month investment horizon. VelocityShares 3x Lng owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0729 which indicates VelocityShares 3x Lng had 0.0729% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for VelocityShares 3x Lng Crude Oil ETN New which you can use to evaluate future volatility of the etf. Please operate VelocityShares 3x Coefficient Of Variation of 1,473 and Risk Adjusted Performance of 0.01 to confirm if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

VelocityShares 3x Lng Technical Analysis

Transformation
null. The output start index for this execution was zero with a total number of output elements of zero. 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.

Projected Return Density Against Market

Considering 30-days investment horizon, VelocityShares 3x has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and VelocityShares 3x are completely uncorrelated. Furthermore, VelocityShares 3x Lng Crude Oil ETN NewIt does not look like VelocityShares 3x alpha can have any bearing on the equity current valuation.
Considering 30-days investment horizon, the coefficient of variation of VelocityShares 3x is 1372.3. The daily returns are destributed with a variance of 30.76 and standard deviation of 5.55. The mean deviation of VelocityShares 3x Lng Crude Oil ETN New is currently at 3.91. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=5.55
Ir
Information ratio =0.00

Actual Return Volatility

VelocityShares 3x Lng Crude Oil ETN New has volatility of 5.5462% on return distribution over 30 days investment horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

VelocityShares 3x Volatility Factors

30 Days Market Risk

Not very volatile

Chance of Distress in 24 months

Very low

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

VelocityShares 3x Investment Opportunity
VelocityShares 3x Lng Crude Oil ETN New has a volatility of 5.55 and is 9.25 times more volatile than DOW. 51% 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 51 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

VelocityShares 3x 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.