Direxion Daily Risk Adjusted Performance

EDC Etf  USD 30.85  0.17  0.55%   
Direxion Daily risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Direxion Daily MSCI or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Direxion Daily MSCI has current Risk Adjusted Performance of 0.0029.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0029
ER[a] = Expected return on investing in Direxion Daily
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Direxion Daily Risk Adjusted Performance Peers Comparison

Direxion Risk Adjusted Performance Relative To Other Indicators

Direxion Daily MSCI is rated # 5 ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  6,609  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Direxion Daily MSCI is roughly  6,609 
Compare Direxion Daily to Peers

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