VelocityShares 3x Net Asset

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

USD 21.66  0.44  1.99%

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Symbol
Refresh

Net Asset Analysis

Net Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
VelocityShares 3x 
Net Asset 
 = 
Current Market Value 
Current Liabilities 
 = 
235.43 M

About Net Asset

Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
Compare to competition
Based on recorded statements VelocityShares 3x Long Crude Oil ETNs linked to the SP GSCI Crude Oil Index ER has Net Asset of 235.43 M. This is 77.15% higher than that of the Credit Suisse AG family, and 51.41% lower than that of Family category, The Net Asset for all etfs is 73.51% higher than the company.

Peer Comparison

VelocityShares 3x Net Asset Comparison
  Net Asset 
      VelocityShares 3x Comparables 
VelocityShares 3x is rated second in net asset as compared to similar ETFs.

Did you try this?

Run Headlines Timeline Now
   

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Hide  View All  NextLaunch Headlines Timeline

Fundamental Indicators

Current VelocityShares 3x financial ratios