Direxion Daily Ba Etf Performance
| BOED Etf | 17.80 0.00 0.00% |
The etf shows a Beta (market volatility) of -1.13, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Direxion Daily are expected to decrease slowly. On the other hand, during market turmoil, Direxion Daily is expected to outperform it slightly.
Risk-Adjusted Performance
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Over the last 90 days Direxion Daily BA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Direxion Daily is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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Direxion Daily Relative Risk vs. Return Landscape
If you would invest 1,818 in Direxion Daily BA on September 27, 2025 and sell it today you would lose (38.50) from holding Direxion Daily BA or give up 2.12% of portfolio value over 90 days. Direxion Daily BA is currently does not generate positive expected returns and assumes 2.1275% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of etfs are less volatile than Direxion, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Direxion Daily Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Daily's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Direxion Daily BA, and traders can use it to determine the average amount a Direxion Daily's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0051
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| Negative Returns | BOED |
Based on monthly moving average Direxion Daily is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Direxion Daily by adding Direxion Daily to a well-diversified portfolio.
About Direxion Daily Performance
By analyzing Direxion Daily's fundamental ratios, stakeholders can gain valuable insights into Direxion Daily's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Direxion Daily has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Direxion Daily has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Direxion Daily is entity of United States. It is traded as Etf on NASDAQ exchange.| Direxion Daily BA generated a negative expected return over the last 90 days |
Other Information on Investing in Direxion Etf
Direxion Daily financial ratios help investors to determine whether Direxion Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Direxion with respect to the benefits of owning Direxion Daily security.