Direxion Daily is selling for under 14.96 as of the 26th of February 2025; that is 2.41 percent down since the beginning of the trading day. The etf's last reported lowest price was 14.95. Direxion Daily has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The fund invests at least 80 percent of its net assets in financial instruments, such as swap agreements, ETFs that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. More on Direxion Daily CSI
Direxion Daily CSI 300 China A Share Bull 2X Shares
Currency Code
USD
Open Figi
BBG008HBH279
In Threey Volatility
51.97
1y Volatility
52.84
200 Day M A
14.4767
50 Day M A
14.4922
Code
CHAU
Updated At
25th of February 2025
Currency Name
US Dollar
Direxion Daily CSI [CHAU] is traded in USA and was established 2015-04-16. The fund is listed under Trading--Leveraged Equity category and is part of Direxion Funds family. The entity is thematically classified as Large Cap ETFs. Direxion Daily CSI currently have 50.14 M in assets under management (AUM). , while the total return for the last 3 years was -22.7%.
Check Direxion Daily Probability Of Bankruptcy
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.
When determining whether Direxion Daily CSI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Daily's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Daily Csi Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Csi Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Direxion Daily CSI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Direxion Daily CSI 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.