Direxion Shares Financials
We urge to utilize Direxion Shares ETF fundamental analysis to find out if markets are presently mispricing the etf. Put another way you can exercise it to find out if Direxion Shares ETF is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have collected data for two available fundamental indicators for Direxion Shares ETF, which can be compared to its peers.
Direxion |
The data published in Direxion Shares' official financial statements typically reflect Direxion Shares' 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 Shares' quantitative information. For example, before you start analyzing numbers published by Direxion accountants, it's essential to understand Direxion Shares' liquidity, profitability, and earnings quality within the context of the Large Blend space in which it operates.
Please note, the imprecision that can be found in Direxion Shares' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Direxion Shares ETF. Check Direxion Shares' Beneish M Score to see the likelihood of Direxion Shares' management manipulating its earnings.
| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US25461A7265 |
| CUSIP | 25461A726 |
| Region | North America |
| Investment Issuer | Direxion |
| Fund Category | Strategy |
| Portfolio Concentration | Broad Equity |
| Benchmark | Dow Jones Industrial |
Direxion Shares Thematic Clasifications
Direxion Shares ETF is part of several thematic ideas from Broad Equity ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasDirexion Shares March 22, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Direxion Shares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Direxion Shares ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Direxion Shares ETF based on widely used predictive technical indicators. In general, we focus on analyzing Direxion Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Direxion Shares's daily price indicators and compare them against related drivers.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 10.2 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 2.49 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.