Direxion Shares Etf Profile

REKT Etf   25.10  0.00  0.00%   

Performance

OK

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Direxion Shares is selling for under 25.10 as of the 26th of February 2025; that is No Change since the beginning of the trading day. The etf's last reported lowest price was 23.49. Direxion Shares has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during 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.

Moving together with Direxion Etf

  0.8SH ProShares Short SP500PairCorr
  0.64SPXU ProShares UltraPro ShortPairCorr
  0.64SDS ProShares UltraShort Aggressive PushPairCorr
  0.63SPXS Direxion Daily SP Aggressive PushPairCorr

Moving against Direxion Etf

  0.57CEFD ETRACS Monthly PayPairCorr
  0.55SIXD AIM ETF ProductsPairCorr
  0.53PFFL ETRACS 2xMonthly PayPairCorr
  0.53YCL ProShares Ultra YenPairCorr
  0.52ULE ProShares Ultra EuroPairCorr
  0.51FXY Invesco CurrencySharesPairCorr

Direxion Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Trading--Inverse Equity (View all Sectors)
IssuerDirexion
Inception Date2024-07-17
BenchmarkSolactive Distributed Ledger & Decentralized Payment Tech Index
Entity TypeRegulated Investment Company
Asset Under Management2.75 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
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
ExchangeNYSE Arca, Inc.
Number of Constituents8.0
Market MakerSusquehanna
Total Expense0.69
Management Fee0.35
Country NameUSA
CodeREKT
Updated At24th of February 2025
Returns Y T D(10.63)
NameDirexion Shares ETF Trust
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01NL627Y6
TypeETF
Direxion Shares ETF [REKT] is traded in USA and was established null. The fund is listed under Trading--Inverse Equity. The entity is thematically classified as Strategy ETFs. Direxion Shares ETF at this time have in assets.
Check Direxion Shares Probability Of Bankruptcy

Direxion Shares ETF 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 Shares. 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 Shares Against Markets

When determining whether Direxion Shares ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Shares' 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 Shares Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Shares Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Direxion Shares ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Direxion Shares ETF 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 Shares' value that differs from its market value or its book value, called intrinsic value, which is Direxion Shares' 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 Shares' market value can be influenced by many factors that don't directly affect Direxion Shares' 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 Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Shares' 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.