Direxion Daily Nflx Etf Profile

NFXL Etf   50.88  1.40  2.83%   

Performance

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Odds Of Distress

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Low
Direxion Daily is selling for 50.88 as of the 16th of February 2025. This is a 2.83 percent up since the beginning of the trading day. The etf's lowest day price was 49.26. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Direxion Daily is entity of United States. It is traded as Etf on NASDAQ exchange. More on Direxion Daily NFLX

Moving together with Direxion Etf

  0.63QLD ProShares Ultra QQQPairCorr

Moving against Direxion Etf

  0.37GUSH Direxion Daily SPPairCorr
  0.32LABU Direxion Daily SPPairCorr

Direxion Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSingle Stock ETFs, Strategy ETFs, Trading--Leveraged Equity (View all Sectors)
IssuerDirexion
Inception Date2024-10-03
BenchmarkNFLX
Entity TypeRegulated Investment Company
Asset Under Management30.44 Million
Asset TypeEquity
CategoryStrategy
FocusSingle Stock
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerPaul Brigandi, Tony Ng
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents13.0
Market MakerSusquehanna
Total Expense0.99
Management Fee0.75
Country NameUSA
CodeNFXL
Updated At15th of February 2025
Returns Y T D37.33
NameDirexion Daily NFLX Bull 2X Shares
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01Q3Z4LW4
TypeETF
Direxion Daily NFLX [NFXL] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Single Stock ETFs. Direxion Daily NFLX now have in assets.
Check Direxion Daily Probability Of Bankruptcy

Direxion Daily NFLX 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.

Direxion Daily Against Markets

When determining whether Direxion Daily NFLX is a strong investment it is important to analyze Direxion Daily's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion Daily's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily NFLX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Direxion Daily NFLX 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.

Trending Assets

METD
Direxion Daily META
15.76  -0.17  -1.07 
MSFO
Tidal Trust II
16.91  -0.09  -0.53 
MSFL
GraniteShares 2x Long
21.41  -0.26  -1.2 
MSFU
Direxion Daily MSFT
36.20  -0.44  -1.2 
DISO
Tidal Trust II
16.07  0.13  0.82 
DIPS
Tidal Trust II
11.35  -0.27  -2.32 
MRNY
Tidal Trust II
3.63  0.13  3.71 
MSFD
Direxion Daily MSFT
14.12  0.07  0.50 
METU
Direxion Daily META
51.54  1.11  2.20