Direxion Daily Energy Etf Last Dividend Paid
| ERX Etf | USD 71.48 1.09 1.55% |
Direxion Daily Energy fundamentals help investors to digest information that contributes to Direxion Daily'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 Daily'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 Daily etf.
Direxion |
Direxion Daily Energy ETF Last Dividend Paid Analysis
Direxion Daily's Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
More About Last Dividend Paid | All Equity Analysis
Last Dividend | = | Last Profit Distribution AmountTotal Shares |
Current Direxion Daily Last Dividend Paid | 0.16 |
Most of Direxion Daily's fundamental indicators, such as Last Dividend Paid, 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 Daily Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
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Direxion Daily Last Dividend Paid Component Assessment
Based on the recorded statements, Direxion Daily Energy has a Last Dividend Paid of 0.161. This is 34.17% higher than that of the Direxion Funds family and 12.92% lower than that of the Family category. The last dividend paid for all United States etfs is 15.0% lower than that of the firm.
Direxion Last Dividend Paid 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 Last Dividend Paid 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 last dividend paid as compared to similar ETFs.
Fund Asset Allocation for Direxion Daily
The fund consists of 85.48% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Direxion Daily'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
| Price To Earning | 30.96 X | |||
| Price To Book | 1.85 X | |||
| Price To Sales | 1.54 X | |||
| Number Of Employees | 121 | |||
| Beta | 1.33 | |||
| Total Asset | 404.1 M | |||
| One Year Return | 25.00 % | |||
| Three Year Return | 39.00 % | |||
| Five Year Return | (11.70) % | |||
| Ten Year Return | (20.50) % | |||
| Net Asset | 404.1 M | |||
| Last Dividend Paid | 0.16 | |||
| Equity Positions Weight | 85.48 % |
About Direxion Daily Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Direxion Daily Energy'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 Energy 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.When determining whether Direxion Daily Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Daily's 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 Daily Energy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Energy Etf:Check out Direxion Daily Piotroski F Score and Direxion Daily Altman Z Score analysis. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of Direxion Daily Energy 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.