Direxion Financial Statements From 2010 to 2024
| CHAD Etf | USD 19.39 0.00 0.00% |
Check Direxion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Direxion main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Direxion financial statements analysis is a perfect complement when working with Direxion Valuation or Volatility modules.
Direxion |
Direxion ETF One Year Return Analysis
Direxion's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Direxion One Year Return | 41.96 % |
Most of Direxion's fundamental indicators, such as One 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionDirexion One Year Return Component Assessment
Based on the recorded statements, Direxion has an One Year Return of 41.96%. This is 410.58% lower than that of the Direxion Funds family and notably lower than that of the Family category. The one year return for all United States etfs is notably lower than that of the firm.
About Direxion Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Direxion income statement, its balance sheet, and the statement of cash flows. Direxion investors use historical funamental indicators, such as Direxion's revenue or net income, to determine how well the company is positioned to perform in the future. Although Direxion investors may use each financial statement separately, they are all related. The changes in Direxion's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Direxion's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Direxion Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Direxion. Please read more on our technical analysis and fundamental analysis pages.
The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short exposure to the index equal to at least 80 percent of the funds net assets . CSI 300 is traded on NYSEARCA Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Direxion in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Direxion's short interest history, or implied volatility extrapolated from Direxion options trading.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Direxion information on this page should be used as a complementary analysis to other Direxion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Direxion 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's value that differs from its market value or its book value, called intrinsic value, which is Direxion'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's market value can be influenced by many factors that don't directly affect Direxion'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion'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.