Direxion Daily Valuation

JNUG -- USA Etf  

USD 53.27  5.44  9.27%

Direxion Daily Junior shows prevailing Real Value of $52.2 per share. The current price of the entity is $53.27. At this time the entity appears to be overvalued. This module computes value of Direxion Daily Junior from reviewing the entity fundamentals such as Total Asset of 936.61M, Five Year Return of (47.72)% and Price to Sales of 1.82X as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge.
Overvalued
September 15, 2019
53.27
Market Value
52.20
Real Value
75.69
Upside
Direxion Daily is slightly risky asset. Calculation of real value of Direxion Daily Junior is based on 3 months time horizon. Increasing Direxion Daily Junior time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Horizon     30 Days    Login   to change
Direxion Daily Junior Gold Mine is rated third overall ETF in one year return as compared to similar ETFs. It is rated below average in equity positions weight as compared to similar ETFs making about  0.14  of Equity Positions Weight per One Year Return. The ratio of One Year Return to Equity Positions Weight for Direxion Daily Junior Gold Mine is roughly  7.18 
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