Direxion Daily ETF Insiders
| CURE Etf | USD 98.88 0.03 0.03% |
Evaluation of Direxion Daily's management performance can provide insight into the fund performance.
Direxion |
| Symbol | CURE |
| Name | Direxion Daily Healthcare |
| Type | Etf |
| Country | United States |
| Exchange | NYSE ARCA |
Information on Direxion Daily Healthcare Leadership is currently not available.
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Direxion Daily Workforce Comparison
Direxion Daily Healthcare is second largest ETF in number of employees as compared to similar ETFs. The total workforce of Trading--Leveraged Equity category is currently estimated at about 1,111. Direxion Daily retains roughly 179 in number of employees claiming about 16% of equities under Trading--Leveraged Equity ETF category.
Direxion Daily Insider Trading
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Direxion Daily insiders, such as employees or executives, is commonly permitted as long as it does not rely on Direxion Daily's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Direxion Daily insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Berce Daniel E over three months ago Disposition of 1000 shares by Berce Daniel E of Direxion Daily at 0.23 subject to Rule 16b-3 | ||
Axmacher Thomas over six months ago Acquisition by Axmacher Thomas of 500 shares of Direxion Daily at 5.76 subject to Rule 16b-3 |
About Direxion Daily Management Performance
The success or failure of an entity such as Direxion Daily Healthcare often depends on how effective the management is. Direxion Daily management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Direxion management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Direxion management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund invests at least 80 percent of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. Healthcare Bull is traded on NYSEARCA Exchange in the United States.
The data published in Direxion Daily's official financial statements typically reflect Direxion Daily's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Direxion Daily's quantitative information. For example, before you start analyzing numbers published by Direxion accountants, it's essential to understand Direxion Daily's liquidity, profitability, and earnings quality within the context of the Direxion Funds space in which it operates.
Please note, the presentation of Direxion Daily's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Direxion Daily's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Direxion Daily's management manipulating its earnings.
Direxion Daily Healthcare Annual Yield
In accordance with the recently published financial statements, Direxion Daily Healthcare has an Annual Yield of 0.0%. This is 100.0% lower than that of the Direxion Funds family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. The annual yield for all United States etfs is 100.0% higher than that of the company.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Direxion Daily Healthcare. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Direxion Daily Healthcare 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.