Direxion Shares Etf Current Valuation
| EDZ Etf | MXN 177.00 2.00 1.12% |
Valuation analysis of Direxion Shares ETF helps investors to measure Direxion Shares' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Direxion Shares' price fluctuation is very steady at this time. Calculation of the real value of Direxion Shares ETF is based on 3 months time horizon. Increasing Direxion Shares' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Direxion Shares is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Direxion Etf. However, Direxion Shares' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 177.0 | Real 159.55 | Hype 177.0 | Naive 185.02 |
The intrinsic value of Direxion Shares' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Direxion Shares' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Direxion Shares ETF helps investors to forecast how Direxion etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Direxion Shares more accurately as focusing exclusively on Direxion Shares' fundamentals will not take into account other important factors: Direxion Shares ETF ETF Current Valuation Analysis
Direxion Shares' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Direxion Shares ETF has a Current Valuation of 0.0. This indicator is about the same for the Direxion Funds average (which is currently at 0.0) family and about the same as Current Valuation (which currently averages 0.0) category. This indicator is about the same for all Mexico etfs average (which is currently at 0.0).
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Direxion Fundamentals
| Total Asset | 20.85 M | |||
| One Year Return | (77.57) % | |||
| Three Year Return | (41.23) % | |||
| Five Year Return | (46.58) % | |||
| Ten Year Return | (31.98) % | |||
| Net Asset | 20.85 M |
About Direxion Shares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Direxion Shares ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Direxion Shares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Direxion Shares ETF 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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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.Additional Information and Resources on Investing in Direxion Etf
When determining whether Direxion Shares ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Shares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Shares Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Shares Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direxion Shares ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.