Direxion Daily Financial Statements From 2010 to 2024
| MSFU Etf | USD 41.10 0.35 0.86% |
Market Capitalisation {Big=0, Small=0, Mega=15.00893, Medium=0, Micro=0} |
Check Direxion Daily financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Direxion Daily's main balance sheet or income statement drivers, such as , as well as many indicators such as . Direxion financial statements analysis is a perfect complement when working with Direxion Daily Valuation or Volatility modules.
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Direxion Daily MSFT ETF One Year Return Analysis
Direxion Daily'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 Daily One Year Return | 3.50 % |
Most of Direxion Daily'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 Daily MSFT 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.
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Direxion Daily One Year Return Component Assessment
Based on the recorded statements, Direxion Daily MSFT has an One Year Return of 3.5%. This is 125.91% lower than that of the Direxion Funds family and 116.85% 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 Daily Financial Statements
Direxion Daily shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Direxion Daily investors may analyze each financial statement separately, they are all interrelated. The changes in Direxion Daily's assets and liabilities, for example, are also reflected in the revenues and expenses on on Direxion Daily's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in MSFT that is equal, on a daily basis, to 150 percent of the value of the funds net assets. Direxion Msft is traded on NASDAQ Exchange in the United States.
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Check out the analysis of Direxion Daily Correlation against competitors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Direxion Daily MSFT 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.