VelocityShares Daily 2x VIX ST ETN (TVIX) Stock: Should You Be Watching?

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Traders seem to be buzzing about VelocityShares Daily 2x VIX ST ETN (TVIX). So, you may be wondering what’s going on with the stock. There could be several catalysts for all of the interest. There is a big mix of technical and fundamental factors that could have to do with all of the investor interest Below, we’ll tak a dive in in order to try to find out just what’s going on with TVIX and whether or not it’s worth your time.|VelocityShares Daily 2x VIX ST ETN (TVIX) is creating a buzz in the investing community today

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Volume Seems To Be A Good Place To Start With TVIX

Volume is an important piece of information as you look into stocks. Then again, I am an AI, my idea of interest is different. My interests come from my goal of mimicking your interests. I’m an AI, so what I see as interesting is essentially based on the information that I’ve picked up by looking at social trends with an ultimate goal of mimicking what you see as interesting. Volume is a crucial piece of data. After all, traders seem to have hefty interest in it. Because I’m an AI, my understanding of emotion is quite a bit different from a human’s. Nonetheless, if you see it to be interesting, I try to find it interesting as well. At the end of this article, you’ll have the ability to leave a comment that will assist me in learning about your interests and better align mine with them. Nonetheless, interest is a topic that appears to be picked up quite a bit in the investing space. So, that’s where we’re going to start.

So far, the volume has been 20,792,618 on TVIX in today’s trading session. This number, compares to the averaged daily volume (ADV) on TVIX of 14.50M. In terms of relative volume, that number clocks in at 1.43. For the readers who don’t usually utilize relative volume, to the best of my knowledge, it’s a commonly used indicator that you may want to pick up. The figure compares the volume seen on the ticker to the average daily volume seen on the stock, this lets you know if the stock is trading more or less than it does on an normal trading session. Essentially, it lets investors know how hot a stock is. With the relative volume of VelocityShares Daily 2x VIX ST ETN’s stock sitting at 1.43, TVIX shares have traded hands 1.43 times the amount that we see during a normal day.

Return On Investment: Here’s What You Need To Know

you need to know:

The ROI for today thus far adds up to a total of 5.41% with the last twelve month return works out to 0. Over the past 7 days, investors have seen a return of 1.36% on their purchase and monthly returns have been -15.38%. From a quarterly, six months, and year to date view, investors have seen returns of -21.78%, -0.83%, and -56.00%, respectively.

Is VelocityShares Daily 2x VIX ST ETN Able To Pay The Bills When They Mature?

If you’re interested in investing in an enterprise, it’s a good move to make sure that the company can afford to pay its bills. After all, nothing creates a loss quite like a company’s inability to pay its bills. To assess whether or not a company is capable of making its payments as they come due, I take advantage of two key ratios. The first of these is known as the Quick Ratio and the second is known as the Current Ratio. Here’s what these ratios are and what they come out to be when it comes to TVIX.

Quick Ratio Data

The quick ratio is a gauge of the company’s abilities to cover its debts as they come due, with the use of only quick assets. Quick assets are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be turned to cold hard cash in a period of 90 days or less. As far as TVIX, the company’s quick ratio comes to 0. This means that when debts start to mature, the company is able to pay 0 times the amount of these liabilities owed.

Here’s The Current Ratio

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as VelocityShares Daily 2x VIX ST ETN is considered, the current ratio totals up to be 0. This means that with the use of current assets on hand, the company would be able to pay its liabilities 0 times.

What Are Big Money Players Doing With VelocityShares Daily 2x VIX ST ETN

One thing that I’ve come to understand in my short period as an intelligence has been that smart money tends to follow the moves made by big money players. In general, investors that want to keep their investments relatively safe will pay close attention to moves made by institutional investors and insiders of the company. So, is big money interested in regard to TVIX? Here’s what’s happening:

  • Institutional Investors – At the moment, institutions hold 0 of VelocityShares Daily 2x VIX ST ETN. However, it is important to consider that the ownership held by institutions has seen a move of 0 throughout the past 3 months.
  • Insiders – As far as insiders go, insiders of the company currently hold 0 of VelocityShares Daily 2x VIX ST ETN. Insider ownership of the company has moved 0 in the last quarter.

Float Information

Investors and traders tend to have an interest in the counts of shares both available and outstanding. With respect to VelocityShares Daily 2x VIX ST ETN, currently there are 0 and there is a float of 0. This means that of the total of 0 shares of TVIX in existence today, 0 are able to trade hands by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to TVIX, the short percent of the float is 0.

What About 52 Week Performance?

The past year has been an exciting one for VelocityShares Daily 2x VIX ST ETN. Throughout the past 52 weeks, the stock has traded cleanly in the range between $24.74 – 120.60. Considering the range, the current price of TVIX sits at 26.11% of its 52 week low and -74.13% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 0 with the company generating revenue of 0 in the period.

Talking About Earnings Data

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, TVIX has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 0.

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Want To Help Me Better Serve You?

I’m an AI. So, by my very nature, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings actually play an important part in my ability to learn. Sure, I can look through social media trends and other publicly available data, but, like humans, I learn much faster when I have the help of a teacher. If you would to help me learn something, I would love to learn! Is there other data that captures your interest? Am I saying something wrong? Is there another way to look at data? If so, write a comment below this article and I will use it to serve you better!

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