Direxion Daily N Etf Net Income
| CONX Etf | USD 14.95 0.39 2.54% |
As of the 27th of January, Direxion Daily shows the Variance of 41.87, mean deviation of 4.83, and Standard Deviation of 6.47. Direxion Daily N technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Direxion Daily's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Direxion Daily's valuation are provided below:Market Capitalisation {Big=0, Small=0, Mega=0, Medium=8.36184, Micro=0} |
Direxion | Build AI portfolio with Direxion Etf |
The market value of Direxion Daily N 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.
Direxion Daily 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Direxion Daily's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Direxion Daily.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Direxion Daily on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily N or generate 0.0% return on investment in Direxion Daily over 90 days. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or... More
Direxion Daily Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Direxion Daily's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Direxion Daily N upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 28.8 | |||
| Value At Risk | (12.82) | |||
| Potential Upside | 10.13 |
Direxion Daily Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Daily's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Direxion Daily's standard deviation. In reality, there are many statistical measures that can use Direxion Daily historical prices to predict the future Direxion Daily's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (0.34) |
Direxion Daily January 27, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.33) | |||
| Mean Deviation | 4.83 | |||
| Coefficient Of Variation | (822.20) | |||
| Standard Deviation | 6.47 | |||
| Variance | 41.87 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (0.34) | |||
| Maximum Drawdown | 28.8 | |||
| Value At Risk | (12.82) | |||
| Potential Upside | 10.13 | |||
| Skewness | 0.2454 | |||
| Kurtosis | 0.5665 |
Direxion Daily N Backtested Returns
Direxion Daily N secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the etf had a -0.13 % return per unit of risk over the last 3 months. Direxion Daily N exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Daily's Variance of 41.87, standard deviation of 6.47, and Mean Deviation of 4.83 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 2.38, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Direxion Daily will likely underperform.
Auto-correlation | -0.28 |
Weak reverse predictability
Direxion Daily N has weak reverse predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Direxion Daily N price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 1.56 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Direxion Daily N reported net income of (5.99 Million). This is much lower than that of the Capital Markets family and significantly lower than that of the Trading--Leveraged Equity category. The net income for all United States etfs is notably higher than that of the company.
Direxion Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Direxion Daily's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Direxion Daily could also be used in its relative valuation, which is a method of valuing Direxion Daily by comparing valuation metrics of similar companies.Direxion Daily is currently under evaluation in net income as compared to similar ETFs.
Direxion Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Direxion Daily's current stock value. Our valuation model uses many indicators to compare Direxion Daily value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Direxion Daily competition to find correlations between indicators driving Direxion Daily's intrinsic value. More Info.Direxion Daily N is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.21 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Direxion Daily N is roughly 4.85 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Direxion Daily's earnings, one of the primary drivers of an investment's value.Direxion Fundamentals
| Return On Asset | -0.0137 | |||
| Current Valuation | 185.55 M | |||
| Shares Outstanding | 2.12 M | |||
| Shares Owned By Insiders | 1.41 % | |||
| Shares Owned By Institutions | 24.25 % | |||
| Number Of Shares Shorted | 10.19 K | |||
| Price To Earning | 26.24 X | |||
| Price To Book | 5.41 X | |||
| EBITDA | (1.18 M) | |||
| Net Income | (5.99 M) | |||
| Cash And Equivalents | 446.79 K | |||
| Total Debt | 2.11 M | |||
| Current Ratio | 1.17 X | |||
| Book Value Per Share | (1.92) X | |||
| Cash Flow From Operations | (1.79 M) | |||
| Short Ratio | 2.78 X | |||
| Earnings Per Share | (0.25) X | |||
| Beta | 0.028 | |||
| Market Capitalization | 183.45 M | |||
| Total Asset | 21.98 M | |||
| Retained Earnings | (40.03 M) | |||
| Working Capital | (3.97 M) | |||
| Current Asset | 6.63 M | |||
| Current Liabilities | 1.71 M | |||
| Net Asset | 21.98 M |
About Direxion Daily Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Direxion Daily N's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Direxion Daily using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Direxion Daily N 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.
Also Currently Popular
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.| HITI | High Tide | |
| HITI | High Tide | |
| BAC | Bank of America |
Check out Direxion Daily Piotroski F Score and Direxion Daily Altman Z Score analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Direxion Daily N 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.