VelocityShares 3x Net Asset

UWT -- USA Etf  

USD 32.02  3.17  10.99%

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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 
 = 
146.7 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 Lng Crude Oil ETN New has Net Asset of 146.7 M. This is 90.52% lower than that of the Janus family, and significantly higher than that of Energy category, The Net Asset for all etfs is 83.49% higher than the company.

Peer Comparison

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

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Fundamental Indicators

Current VelocityShares 3x financial ratios