Direxion Daily ETF Insiders
SPUU Etf | USD 155.90 1.66 1.08% |
Breaking down Direxion Daily's management performance can provide insight into the exchange-traded fund performance.
Direxion |
Symbol | SPUU |
Name | Direxion Daily SP |
Type | Etf |
Country | United States |
Exchange | NYSE ARCA |
Information on Direxion Daily SP Leadership is currently not available.
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Direxion Daily Workforce Comparison
Direxion Daily SP is presently regarded as number one ETF in number of employees as compared to similar ETFs. The total workforce of Trading--Leveraged Equity category is currently estimated at about 823. Direxion Daily totals roughly 292 in number of employees claiming about 35% of equities under Trading--Leveraged Equity ETF category.
Direxion Daily SP Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Direxion Daily SP Price Series Summation is a cross summation of Direxion Daily price series and its benchmark/peer.
About Direxion Daily Management Performance
The success or failure of an entity such as Direxion Daily SP often depends on how effective the management is. Direxion Daily 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 financial instruments, such as swap agreements, securities of the index, and exchange-traded funds that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. SP 500 is traded on NYSEARCA Exchange in the United States.
The data published in Direxion Daily's official financial statements typically reflect Direxion Daily'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 Daily's quantitative information. For example, before you start analyzing numbers published by Direxion accountants, it's essential to understand Direxion Daily's liquidity, profitability, and earnings quality within the context of the Direxion Funds space in which it operates.
Please note, the imprecision that can be found in Direxion Daily's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Direxion Daily SP. Check Direxion Daily's Beneish M Score to see the likelihood of Direxion Daily's management manipulating its earnings.
Direxion Daily SP Annual Yield
In accordance with the recently published financial statements, Direxion Daily SP has an Annual Yield of 0.0%. This is 100.0% lower than that of the Direxion Funds family and about the same as Trading--Leveraged Equity (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 World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Daily SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Direxion Daily SP 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily'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 Daily's market value can be influenced by many factors that don't directly affect Direxion Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily'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.