Direxion Monthly Financial Statements From 2010 to 2024
| DXRLX Fund | USD 100.63 0.58 0.58% |
Check Direxion Monthly financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Direxion Monthly's main balance sheet or income statement drivers, such as , as well as many indicators such as . Direxion financial statements analysis is a perfect complement when working with Direxion Monthly Valuation or Volatility modules.
Direxion |
Direxion Monthly Small Mutual Fund Three Year Return Analysis
Direxion Monthly's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Direxion Monthly Three Year Return | (5.27) % |
Most of Direxion Monthly's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Direxion Monthly Small is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Direxion Monthly Small has a Three Year Return of -5.2707%. This is much lower than that of the Direxion Funds family and significantly lower than that of the Trading--Leveraged Equity category. The three year return for all United States funds is notably higher than that of the company.
Direxion Monthly Small Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Direxion Monthly's current stock value. Our valuation model uses many indicators to compare Direxion Monthly value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Direxion Monthly competition to find correlations between indicators driving Direxion Monthly's intrinsic value. More Info.Direxion Monthly Small is one of the top funds in annual yield among similar funds. It is rated below average in year to date return among similar funds creating about 4,666 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Direxion Monthly's earnings, one of the primary drivers of an investment's value.About Direxion Monthly Financial Statements
Direxion Monthly investors use historical fundamental indicators, such as Direxion Monthly's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Direxion Monthly. Please read more on our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its net assets in securities of the index, exchange-traded funds that track the index and other financial instruments that provide monthly leveraged exposure to the index or to ETFs that track the index. The index measures the performance of approximately 2,000 small-capitalization companies in the Russell 3000 Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Direxion Mutual Fund
Direxion Monthly financial ratios help investors to determine whether Direxion Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Direxion with respect to the benefits of owning Direxion Monthly security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |