Direxion Monthly Sp Fund Book Value Per Share
DXSLX Fund | USD 76.84 0.32 0.42% |
Direxion Monthly Sp fundamentals help investors to digest information that contributes to Direxion Monthly's financial success or failures. It also enables traders to predict the movement of Direxion Mutual Fund. The fundamental analysis module provides a way to measure Direxion Monthly'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 Monthly mutual fund.
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Direxion Monthly Sp Mutual Fund Book Value Per Share Analysis
Direxion Monthly's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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In accordance with the recently published financial statements, the book value per share of Direxion Monthly Sp is about 0.0 times. This indicator is about the same for the Direxion Funds average (which is currently at 0.0) family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Direxion Monthly
.Asset allocation divides Direxion Monthly's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Direxion Fundamentals
Annual Yield | 0.01 % | ||||
Year To Date Return | 42.66 % | ||||
One Year Return | 53.74 % | ||||
Three Year Return | 8.68 % | ||||
Five Year Return | 21.87 % | ||||
Ten Year Return | 21.68 % | ||||
Net Asset | 92.18 M | ||||
Minimum Initial Investment | 25 K | ||||
Last Dividend Paid | 0.29 | ||||
Cash Position Weight | 33.69 % | ||||
Equity Positions Weight | 2.33 % |
About Direxion Monthly Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Direxion Monthly Sp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Direxion Monthly using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Direxion Monthly Sp based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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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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.Other Information on Investing in Direxion Mutual Fund
Direxion Monthly financial ratios help investors to determine whether Direxion Mutual Fund 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 Monthly security.
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