Direxion Shares (Mexico) Performance
| FAS Etf | MXN 3,643 38.23 1.06% |
The etf shows a Beta (market volatility) of 2.86, 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 Shares will likely underperform.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Direxion Shares ETF are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Direxion Shares showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 667.90 | |
| Fifty Two Week High | 3,004.00 |
Direxion |
Direxion Shares Relative Risk vs. Return Landscape
If you would invest 249,077 in Direxion Shares ETF on August 28, 2024 and sell it today you would earn a total of 115,246 from holding Direxion Shares ETF or generate 46.27% return on investment over 90 days. Direxion Shares ETF is generating 0.6863% of daily returns assuming 3.6234% volatility of returns over the 90 days investment horizon. Simply put, 32% of all etfs have less volatile historical return distribution than Direxion Shares, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Direxion Shares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Shares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Direxion Shares ETF, and traders can use it to determine the average amount a Direxion Shares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1894
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Direxion Shares is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Direxion Shares by adding it to a well-diversified portfolio.
Direxion Shares Fundamentals Growth
Direxion Etf prices reflect investors' perceptions of the future prospects and financial health of Direxion Shares, and Direxion Shares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Direxion Etf performance.
| Price To Earning | 16.78 X | |||
| Price To Book | 1.61 X | |||
| Price To Sales | 2.78 X | |||
| Total Asset | 2.51 B | |||
About Direxion Shares Performance
Evaluating Direxion Shares' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Direxion Shares has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Direxion Shares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks daily investment results, before fees and expenses, of 300 percent of the daily performance of the Russell 1000 Financial Services Index. DIREXION SHARES is traded on Mexico Stock Exchange in Mexico.| Direxion Shares ETF appears to be risky and price may revert if volatility continues |
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.