Direxion Shares (Mexico) Performance
| FAZ Etf | MXN 129.40 2.60 1.97% |
The etf shows a Beta (market volatility) of -1.09, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Direxion Shares are expected to decrease slowly. On the other hand, during market turmoil, Direxion Shares is expected to outperform it slightly.
Risk-Adjusted Performance
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Over the last 90 days Direxion Shares ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Etf's basic indicators remain fairly strong which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
| Fifty Two Week Low | 96.00 | |
| Fifty Two Week High | 858.00 |
Direxion |
Direxion Shares Relative Risk vs. Return Landscape
If you would invest 15,398 in Direxion Shares ETF on October 7, 2024 and sell it today you would lose (2,458) from holding Direxion Shares ETF or give up 15.96% of portfolio value over 90 days. Direxion Shares ETF is producing return of less than zero assuming 3.4771% volatility of returns over the 90 days investment horizon. Simply put, 30% of all etfs have less volatile historical return distribution than Direxion Shares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Direxion Shares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Shares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Direxion Shares ETF, and traders can use it to determine the average amount a Direxion Shares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0624
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| Negative Returns | FAZ |
Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Direxion Shares is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Direxion Shares by adding Direxion Shares to a well-diversified portfolio.
Direxion Shares Fundamentals Growth
Direxion Etf prices reflect investors' perceptions of the future prospects and financial health of Direxion Shares, and Direxion Shares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Direxion Etf performance.
| Total Asset | 114.32 M | |||
About Direxion Shares Performance
Evaluating Direxion Shares' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Direxion Shares has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Direxion Shares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks daily investment results, before fees and expenses, of 300 percent of the inverse of the daily performance of the Russell 1000 Financial Services Index. DIREXION SHARES is traded on Mexico Stock Exchange in Mexico.| Direxion Shares ETF generated a negative expected return over the last 90 days | |
| Direxion Shares ETF has high historical volatility and very poor performance | |
| This fund generated-49.0 ten year return of -49.0% | |
| Direxion Shares retains all of the assets under management (AUM) in different types of exotic instruments |
Additional Information and Resources on Investing in Direxion Etf
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 Investing Opportunities 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 board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.