Direxion Daily Sp Etf Key Fundamental Indicators
| LABU Etf | USD 167.30 10.01 5.65% |
As of the 4th of February, Direxion Daily shows the Coefficient Of Variation of 899.04, mean deviation of 3.69, and Downside Deviation of 4.39. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Direxion Daily, as well as the relationship between them.
Analyzing historical trends in various income statement and balance sheet accounts from Direxion Daily's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Direxion Daily's valuation are summarized below:Direxion Daily SP does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Direxion | Build AI portfolio with Direxion Etf |
Direxion Daily SP's market price often diverges from its book value, the accounting figure shown on Direxion's balance sheet. Smart investors calculate Direxion Daily's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Direxion Daily's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Direxion Daily represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. 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.
Direxion Daily 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Direxion Daily's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Direxion Daily.
| 11/06/2025 |
| 02/04/2026 |
If you would invest 0.00 in Direxion Daily on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily SP or generate 0.0% return on investment in Direxion Daily over 90 days. Direxion Daily is related to or competes with Innovator Laddered, ProShares UltraPro, Direxion Daily, Rockefeller Small, SPDR SP, SEI Exchange, and SPDR SSGA. The fund invests at least 80 percent of its net assets in financial instruments and securities of the index, exchange-tr... More
Direxion Daily Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Direxion Daily's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Direxion Daily SP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.39 | |||
| Information Ratio | 0.0973 | |||
| Maximum Drawdown | 18.56 | |||
| Value At Risk | (6.47) | |||
| Potential Upside | 8.42 |
Direxion Daily Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Daily's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Direxion Daily's standard deviation. In reality, there are many statistical measures that can use Direxion Daily historical prices to predict the future Direxion Daily's volatility.| Risk Adjusted Performance | 0.0902 | |||
| Jensen Alpha | 0.3882 | |||
| Total Risk Alpha | 0.1624 | |||
| Sortino Ratio | 0.1029 | |||
| Treynor Ratio | 0.2331 |
Direxion Daily February 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0902 | |||
| Market Risk Adjusted Performance | 0.2431 | |||
| Mean Deviation | 3.69 | |||
| Semi Deviation | 3.98 | |||
| Downside Deviation | 4.39 | |||
| Coefficient Of Variation | 899.04 | |||
| Standard Deviation | 4.65 | |||
| Variance | 21.58 | |||
| Information Ratio | 0.0973 | |||
| Jensen Alpha | 0.3882 | |||
| Total Risk Alpha | 0.1624 | |||
| Sortino Ratio | 0.1029 | |||
| Treynor Ratio | 0.2331 | |||
| Maximum Drawdown | 18.56 | |||
| Value At Risk | (6.47) | |||
| Potential Upside | 8.42 | |||
| Downside Variance | 19.29 | |||
| Semi Variance | 15.85 | |||
| Expected Short fall | (3.87) | |||
| Skewness | 0.199 | |||
| Kurtosis | (0.56) |
Direxion Daily SP Backtested Returns
Direxion Daily appears to be very steady, given 3 months investment horizon. Direxion Daily SP secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the etf had a 0.15 % return per unit of risk over the last 3 months. By reviewing Direxion Daily's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Direxion Daily's Coefficient Of Variation of 899.04, downside deviation of 4.39, and Mean Deviation of 3.69 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 2.17, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Direxion Daily will likely underperform.
Auto-correlation | 0.39 |
Below average predictability
Direxion Daily SP has below average predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Direxion Daily SP price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 80.77 |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Direxion Daily Price To Book Component Assessment
Based on the latest financial disclosure, Direxion Daily SP has a Price To Book of 3.01 times. This is 166.37% higher than that of the Direxion Funds family and 66.85% higher than that of the Family category. The price to book for all United States etfs is notably lower than that of the firm.
Direxion Daily SP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Direxion Daily's current stock value. Our valuation model uses many indicators to compare Direxion Daily value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Direxion Daily competition to find correlations between indicators driving Direxion Daily's intrinsic value. More Info.Direxion Daily SP is considered the top ETF in price to earning as compared to similar ETFs. It is rated third overall ETF in price to book as compared to similar ETFs fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Direxion Daily SP is roughly 7.26 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Direxion Daily by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Direxion Price To Book 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 Price To Book 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 price to book as compared to similar ETFs.
Direxion Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Direxion Daily's current stock value. Our valuation model uses many indicators to compare Direxion Daily value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Direxion Daily competition to find correlations between indicators driving Direxion Daily's intrinsic value. More Info.Direxion Daily SP is considered the top ETF in price to earning as compared to similar ETFs. It is rated third overall ETF in price to book as compared to similar ETFs fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Direxion Daily SP is roughly 7.26 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Direxion Daily by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Fund Asset Allocation for Direxion Daily
The fund invests 57.08% of asset under management in tradable equity instruments, with the rest of investments concentrated in 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 for 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 manage securities in the fund's portfolio as market conditions and the fund's objectives change.
Direxion Fundamentals
| Price To Earning | 21.86 X | |||
| Price To Book | 3.01 X | |||
| Price To Sales | 7.92 X | |||
| Number Of Employees | 370 | |||
| Beta | 3.98 | |||
| Total Asset | 1.01 B | |||
| One Year Return | 88.10 % | |||
| Three Year Return | 5.00 % | |||
| Five Year Return | (40.70) % | |||
| Ten Year Return | (13.30) % | |||
| Net Asset | 1.01 B | |||
| Last Dividend Paid | 0.005 | |||
| Equity Positions Weight | 57.08 % |
About Direxion Daily Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Direxion Daily SP'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 SP 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.The fund invests at least 80 percent of its net assets in financial instruments and securities of the index, exchange-traded funds that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. SP Biotech is traded on NYSEARCA Exchange in the United States.
Thematic Opportunities
Explore Investment Opportunities
Check out You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Direxion Daily SP's market price often diverges from its book value, the accounting figure shown on Direxion's balance sheet. Smart investors calculate Direxion Daily's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Direxion Daily's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Direxion Daily represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. 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.