Direxion Daily Market Risk Adjusted Performance

GUSH Etf  USD 35.36  0.80  2.31%   
Direxion Daily market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Direxion Daily SP or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Direxion Daily SP has current Market Risk Adjusted Performance of 0.1432.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.1432
ER[a] = Expected return on investing in Direxion Daily
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Direxion Daily Market Risk Adjusted Performance Peers Comparison

Direxion Market Risk Adjusted Performance Relative To Other Indicators

Direxion Daily SP is rated # 3 ETF in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  101.60  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Direxion Daily SP is roughly  101.60 
Compare Direxion Daily to Peers

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