VelocityShares 3x Semi Deviation

VelocityShares 3x Inv Natural Gas ETN -- USA Etf  

USD 29.88  0.61  2.08%

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VelocityShares 3x Inv Natural Gas ETN has current Semi Deviation of 3.24. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.
VelocityShares 3x 
Semi Deviation 
SQRT =   Square root notation
SV =   VelocityShares 3x semi variance of returns over selected period

Semi Deviation Comparison

VelocityShares 3x Inv Natural Gas ETN is rated # 3 ETF in semi deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  7.94  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for VelocityShares 3x Inv Natural Gas ETN is roughly  7.94 
Semideviation is the square root of semi variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare VelocityShares 3x to competition
The investment seeks to replicate, net of expenses, three times the opposite of this GSCI Natural Gas Index ER. VelocityShares 3x is traded on Archipelago Exchange in USA. more
NameVelocityShares 3x Inv Natural Gas ETN
Macroaxis Advice
InstrumentUSA Etf ETF Directory
Investment IssuerJanus
ExchangeArchipelago Exchange
CurrencyUSD - US Dollar
DescriptionVelocityShares 3x Inverse Natural Gas ETN
Inception Date2012-02-07
BenchmarkS&P GSCI Natural Gas ER USD
Asset Under Management768.31 Million
Average Trading Valume12.75 Million
Asset TypeCommodities
FocusNatural Gas
Market ConcentrationBlended Development
Market MakerVirtu Financial