Direxion Auspice Broad Etf Three Year Return
| COM Etf | USD 28.69 0.21 0.73% |
Direxion Auspice Broad fundamentals help investors to digest information that contributes to Direxion Auspice's financial success or failures. It also enables traders to predict the movement of Direxion Etf. The fundamental analysis module provides a way to measure Direxion Auspice's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Direxion Auspice etf.
Direxion |
Direxion Auspice Broad ETF Three Year Return Analysis
Direxion Auspice's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Direxion Auspice Three Year Return | 4.20 % |
Most of Direxion Auspice's fundamental indicators, such as Three 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 Auspice Broad is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Direxion Auspice Broad has a Three Year Return of 4.2%. This is 134.85% lower than that of the Direxion Funds family and significantly higher than that of the Commodities Broad Basket category. The three year return for all United States etfs is 30.03% lower than that of the firm.
Direxion Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Direxion Auspice's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Direxion Auspice could also be used in its relative valuation, which is a method of valuing Direxion Auspice by comparing valuation metrics of similar companies.Direxion Auspice is currently under evaluation in three year return as compared to similar ETFs.
Direxion Fundamentals
| Number Of Employees | 527 | |||
| Beta | 0.4 | |||
| Total Asset | 307.55 M | |||
| One Year Return | 4.20 % | |||
| Three Year Return | 4.20 % | |||
| Five Year Return | 9.70 % | |||
| Net Asset | 307.55 M | |||
| Last Dividend Paid | 0.032 |
About Direxion Auspice Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Direxion Auspice Broad's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Direxion Auspice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Direxion Auspice Broad based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of Direxion Auspice Broad 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 Auspice's value that differs from its market value or its book value, called intrinsic value, which is Direxion Auspice'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 Auspice's market value can be influenced by many factors that don't directly affect Direxion Auspice'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 Auspice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Auspice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Auspice'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.