Direxion Shares Etf One Year Return
| FAZ Etf | MXN 110.00 1.56 1.40% |
Direxion Shares ETF fundamentals help investors to digest information that contributes to Direxion Shares' 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 Shares' 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 Shares etf.
Direxion |
Direxion Shares ETF ETF One Year Return Analysis
Direxion Shares' One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Direxion Shares One Year Return | (84.97) % |
Most of Direxion Shares' fundamental indicators, such as One 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 Shares ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Direxion Shares ETF has an One Year Return of -84.97%. This is much higher than that of the Direxion Funds family and significantly lower than that of the One Year Return category. The one year return for all Mexico etfs is notably higher than that of the company.
Direxion One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Direxion Shares' direct or indirect competition against its One 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 Shares could also be used in its relative valuation, which is a method of valuing Direxion Shares by comparing valuation metrics of similar companies.Direxion Shares is currently under evaluation in one year return as compared to similar ETFs.
Direxion Fundamentals
| Total Asset | 114.32 M | |||
| One Year Return | (84.97) % | |||
| Three Year Return | (59.86) % | |||
| Five Year Return | (55.53) % | |||
| Ten Year Return | (49.13) % | |||
| Net Asset | 114.32 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.