Vela Large Cap Fund Technical Analysis
| VELAX Fund | USD 16.02 -0.11 -0.68% |
As of the 22nd of March, VELA Large trades at 16.02 per share. Key technical indicators include Variance of 0.361, coefficient of variation of -736.52, and Risk Adjusted Performance of -0.11. The technical model evaluates historical price movement, trading volume, and volatility patterns to quantify trend strength. Current values are evaluated relative to sector peers and historical ranges.
VELA Large Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VELA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VELAVELA |
What if' Analysis
Running a what-if backtest on Vela Large Cap gives investors a practical way to test how changes in horizon, position size, or market timing might have affected the result. Used properly, this review provides context for deciding whether VELA Large's historical reward profile was stable enough to support the current thesis.
| 12/22/2025 |
| 03/22/2026 |
Investing 0.00 in VELA Large starting December 22, 2025 and holding to today would realize 0.00 in overall gains. That works out to a 0.0% total return in VELA Large overall over a 90 day period. The information reflects structured market data collected across trading periods. Reported data is organized for reference and is not a recommendation. VELA Large has comparable peers such as SALIENT MLP, VANGUARD ENERGY, VICTORY GLOBAL, FRANKLIN NATURAL, GOLDMAN SACHS, and Gmo Resources. The comparison helps frame competitive context. The peer list reflects entities with similar market positioning or business scope. The fund, under normal market conditions, invests at least 80 percent of its net assets in long and short positions in U... More
VELA Large Momentum Range Indicators Dashboard
VELA Large upside and downside signals reflect how the fund price has behaved relative to recent trading ranges. The indicators track momentum balance across recent observation windows. Values are drawn from observed market activity across periods. All values are based on available data and provided as reference information.
| Information Ratio | 0.0113 | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | -1.12 | |||
| Potential Upside | 0.8902 |
VELA Large Market Risk Indicators Snapshot
Market risk indicators summarize volatility and return dispersion for VELA Large. Volatility patterns are derived from recorded market data across available periods.| Risk Adjusted Performance | -0.11 | |||
| Jensen Alpha | -0.09 | |||
| Total Risk Alpha | -0.02 | |||
| Treynor Ratio | 3.0 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VELA Large's price to converge to an average value over time is called mean reversion.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.11 | |||
| Market Risk Adjusted Performance | 3.01 | |||
| Mean Deviation | 0.458 | |||
| Coefficient Of Variation | -736.52 | |||
| Standard Deviation | 0.6009 | |||
| Variance | 0.361 | |||
| Information Ratio | 0.0113 | |||
| Jensen Alpha | -0.09 | |||
| Total Risk Alpha | -0.02 | |||
| Treynor Ratio | 3.0 | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | -1.12 | |||
| Potential Upside | 0.8902 | |||
| Skewness | -0.35 | |||
| Kurtosis | 0.2055 |
Vela Large Cap Backtested Returns
VELA Large appears to exhibit a very low volatility profile over the selected 3 months investment horizon. It exhibits a Sharpe Ratio (Efficiency) of -0.14, highlighting negative adjusted efficiency metrics. We identified twenty-one technical indicators influencing the company's volatility profile. Please review metrics such as Variance of 0.361, coefficient of variation of -736.52, and risk-adjusted performance of -0.11 to confirm whether our risk estimates align with your expectations. The fund has a Beta (Market Sensitivity) of -0.0305, which conveys very low measured sensitivity to broad market movements. As returns on the market increase, returns on VELA Large tend to move in the opposite direction, though by a smaller magnitude. During a bear market, however, VELA Large is likely to outperform the market.
Auto-correlation | -0.03 |
Very weak reverse predictability
The autocorrelation profile for Vela Large Cap registers very weak reverse predictability between the two measured intervals. When lagged price patterns show consistency, they can serve as a partial input for modeling Vela Large Cap's near-term price behavior. A serial correlation of -0.03 indicates that only 3.0% of current VELA Large price fluctuations can be explained by its historical price movements. Given that Vela Large Cap has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
This analysis reflects how VELA Large behaves based on price and volume data. The dataset includes signals based on trend and relative strength.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Vela Large Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of VELA Large focuses on NAV trend behavior and volatility patterns where pricing frequency permits. Trend persistence provides context for directional stability. Certain defensive traits may reduce sensitivity to broader macroeconomic fluctuations.
Unless otherwise specified, data for Vela Large Cap is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardVELA Large Technical Indicators
Investors following Vela Large Cap often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. Used correctly, technical indicators support timing and risk control but should still be validated against broader market and business context.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.11 | |||
| Market Risk Adjusted Performance | 3.01 | |||
| Mean Deviation | 0.458 | |||
| Coefficient Of Variation | -736.52 | |||
| Standard Deviation | 0.6009 | |||
| Variance | 0.361 | |||
| Information Ratio | 0.0113 | |||
| Jensen Alpha | -0.09 | |||
| Total Risk Alpha | -0.02 | |||
| Treynor Ratio | 3.0 | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | -1.12 | |||
| Potential Upside | 0.8902 | |||
| Skewness | -0.35 | |||
| Kurtosis | 0.2055 |
March 22, 2026 Daily Trend Indicators
Investors following Vela Large Cap often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. Used correctly, technical indicators support timing and risk control but should still be validated against broader market and business context.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 16.02 | ||
| Day Typical Price | 16.02 | ||
| Price Action Indicator | -0.05 |