VelocityShares 3x Long Price on June 26, 2023
UGLDFDelisted Etf | USD 163.82 3.75 2.24% |
If you're considering investing in VelocityShares Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of VelocityShares stands at 163.82, as last reported on the 2nd of December, with the highest price reaching 167.57 and the lowest price hitting 163.82 during the day. We have found twenty-three technical indicators for VelocityShares 3x Long, which you can use to evaluate the volatility of the etf. Please validate VelocityShares' Coefficient Of Variation of (3,587), risk adjusted performance of (0.01), and Variance of 13.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
VelocityShares Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
VelocityShares |
Sharpe Ratio = 0.0
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Based on monthly moving average VelocityShares is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VelocityShares by adding VelocityShares to a well-diversified portfolio.
VelocityShares Valuation on June 26, 2023
It is possible to determine the worth of VelocityShares on a given historical date. On June 26, 2023 VelocityShares was worth 162.87 at the beginning of the trading date compared to the closed value of 162.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VelocityShares pink sheet. Still, in general, we apply an absolute valuation method to find VelocityShares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of VelocityShares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VelocityShares' related companies.
Open | High | Low | Close | Volume | |
162.87 | 162.87 | 162.87 | 162.87 | 1.00 | |
06/26/2023 | 162.87 | 162.87 | 162.87 | 162.87 | 1.00 |
155.77 | 155.77 | 155.77 | 155.77 | 100.00 |
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VelocityShares Trading Date Momentum on June 26, 2023
On June 27 2023 VelocityShares 3x Long was traded for 155.77 at the closing time. The highest daily price throughout the period was 155.77 and the lowest price was 155.77 . The daily volume was 100.0. The net trading volume on 06/27/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 4.36% . The trading price change to current closing price is 3.28% . |
VelocityShares 3x Long Fundamentals Correlations and Trends
By evaluating VelocityShares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among VelocityShares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VelocityShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VelocityShares Pink Sheet history
VelocityShares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VelocityShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VelocityShares 3x Long will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VelocityShares stock prices may prove useful in developing a viable investing in VelocityShares
VelocityShares Pink Sheet Technical Analysis
VelocityShares technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
VelocityShares Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
VelocityShares 3x Long cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
VelocityShares December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how VelocityShares pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VelocityShares shares will generate the highest return on investment. By undertsting and applying VelocityShares pink sheet market strength indicators, traders can identify VelocityShares 3x Long entry and exit signals to maximize returns
VelocityShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VelocityShares' price direction in advance. Along with the technical and fundamental analysis of VelocityShares Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of VelocityShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.72) | |||
Treynor Ratio | 4.42 |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in VelocityShares Pink Sheet
If you are still planning to invest in VelocityShares 3x Long check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VelocityShares' history and understand the potential risks before investing.
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