Direxion ETF Leadership
MOON Etf | USD 10.33 0.16 1.53% |
Analysis of Direxion's management performance can provide insight into the ETF performance.
Direxion |
Symbol | MOON |
Name | Direxion |
Type | Etf |
Country | United States |
Exchange | NASDAQ |
Information on Direxion Leadership is currently not available.
If you believe this information is not accurate please let us know and we will check it out. Check all delisted instruments across multiple markets.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Thematic Opportunities
Explore Investment Opportunities
Direxion Workforce Comparison
Direxion is currently under evaluation in number of employees as compared to similar ETFs. The total workforce of Technology category is currently estimated at about 1,509. Direxion adds roughly 0.0 in number of employees claiming only tiny portion of equities under Technology ETF category.
About Direxion Management Performance
The success or failure of an entity such as Direxion often depends on how effective the management is. Direxion management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Direxion management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Direxion management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund, under normal circumstances, invests at least 80 percent of its net assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. Direxion Moonshot is traded on NYSEARCA Exchange in the United States.
The data published in Direxion's official financial statements typically reflect Direxion's 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's quantitative information. For example, before you start analyzing numbers published by Direxion accountants, it's essential to understand Direxion's liquidity, profitability, and earnings quality within the context of the Direxion Funds space in which it operates.
Direxion Annual Yield
In accordance with the recently published financial statements, Direxion has an Annual Yield of 0.0%. This is 100.0% lower than that of the Direxion Funds family and about the same as Technology (which currently averages 0.0) category. The annual yield for all United States etfs is 100.0% higher than that of the company.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.Check out Correlation 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 persons. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.