Is VelocityShares 3x Inverse stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
We cannot find any recorded dividends paid in our systems.
Sorry, we do not have any analyst data for this ticker
We cannot find data for VelocityShares 3x Inverse 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $31.74, you would have made a loss of $-22.24 per share or -70.07%
We do not have enough data to give you this answer.
VelocityShares 3x Inverse has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for VelocityShares 3x Inverse to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.