Direxion Daily Avgo Etf Profile
| AVL Etf | 21.96 1.41 6.86% |
PerformanceVery Weak
| Odds Of DistressAverage
|
Direxion Daily is selling for 21.96 as of the 19th of March 2025. This is a 6.86 percent up since the beginning of the trading day. The etf's lowest day price was 20.17. Direxion Daily has 54 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Avalon Rare Metals Inc. explores and develops rare metals and minerals primarily in Canada. More on Direxion Daily AVGO
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Direxion Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Advanced Health Ltd |
| Business Concentration | Strategy ETFs, Single Stock ETFs, null, null (View all Sectors) |
| Issuer | Direxion |
| Inception Date | 2024-10-10 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 44.83 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Rafferty Asset Management, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Brigandi, Tony Ng |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 15.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.99 |
| Management Fee | 0.75 |
| Country Name | USA |
| Code | AVL |
| Name | Direxion Daily AVGO Bull 2X Shares |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01Q40B085 |
| Type | ETF |
Direxion Daily AVGO [AVL] is traded in USA and was established null. The fund is classified under Strategy category within null family. The entity is thematically classified as Strategy ETFs. Direxion Daily AVGO presently have in assets under management (AUM).
Direxion Daily AVGO has about 3.85 M in cash with (2.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Direxion Daily Probability Of Bankruptcy
Direxion Daily AVGO Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0515 | |||
| Jensen Alpha | 0.6794 | |||
| Total Risk Alpha | 1.57 | |||
| Sortino Ratio | 0.0635 |
Direxion Daily Against Markets
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The market value of Direxion Daily AVGO is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.