Direxion Etf Current Valuation
| FNTC Etf | USD 12.75 0.00 0.00% |
Valuation analysis of Direxion helps investors to measure Direxion's 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's price fluctuation is very steady at this time. Calculation of the real value of Direxion is based on 3 months time horizon. Increasing Direxion's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Direxion is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Direxion Etf. However, Direxion's 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 12.75 | Real 11.63 | Hype 12.75 | Naive 12.94 |
The real value of Direxion Etf, also known as its intrinsic value, is the underlying worth of Direxion ETF, which is reflected in its stock price. It is based on Direxion's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Direxion's 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, or news.
Estimating the potential upside or downside of Direxion 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 more accurately as focusing exclusively on Direxion's fundamentals will not take into account other important factors: Direxion ETF Current Valuation Analysis
Direxion's 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.
Current Direxion Current Valuation | 48.37 M |
Most of Direxion's fundamental indicators, such as Current Valuation, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionIn accordance with the recently published financial statements, Direxion has a Current Valuation of 48.37 M. This is much higher than that of the Direxion Funds family and significantly higher than that of the Trading--Leveraged Equity category. The current valuation for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for Direxion
The fund consists of 74.41% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Direxion'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
| Return On Asset | -0.28 | |||
| Current Valuation | 48.37 M | |||
| Shares Outstanding | 4.7 M | |||
| Shares Owned By Insiders | 7.79 % | |||
| Shares Owned By Institutions | 13.00 % | |||
| Number Of Shares Shorted | 1.71 K | |||
| Price To Earning | 439.17 X | |||
| Price To Book | 9.63 X | |||
| Gross Profit | (228.65 K) | |||
| Net Income | 113.73 K | |||
| Cash And Equivalents | 65.26 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 285 K | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 0.20 X | |||
| Cash Flow From Operations | (534.07 K) | |||
| Earnings Per Share | 0.02 X | |||
| Market Capitalization | 49.51 M | |||
| Total Asset | 3.13 M | |||
| Retained Earnings | 72 K | |||
| Working Capital | (520 K) | |||
| Current Asset | 127 K | |||
| Current Liabilities | 647 K | |||
| Net Asset | 3.13 M | |||
| Equity Positions Weight | 74.41 % |
About Direxion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Direxion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Direxion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Direxion 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 is a strong investment it is important to analyze Direxion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Direxion 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's value that differs from its market value or its book value, called intrinsic value, which is Direxion'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's market value can be influenced by many factors that don't directly affect Direxion'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion'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.