Direxion All Cap Etf Performance
| KNOW Etf | USD 11.16 0.12 1.09% |
The etf shows a Beta (market volatility) of 0.77, which means possible diversification benefits within a given portfolio. As returns on the market increase, Direxion All's returns are expected to increase less than the market. However, during the bear market, the loss of holding Direxion All is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Direxion All Cap are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Direxion All is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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| In Threey Sharp Ratio | -0.06 |
Direxion |
Direxion All Relative Risk vs. Return Landscape
If you would invest 1,074 in Direxion All Cap on August 24, 2024 and sell it today you would earn a total of 42.00 from holding Direxion All Cap or generate 3.91% return on investment over 90 days. Direxion All Cap is currently generating 0.062% in daily expected returns and assumes 0.6416% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Direxion, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Direxion All Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion All's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Direxion All Cap, and traders can use it to determine the average amount a Direxion All's 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 = 0.0966
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Direxion All is performing at about 7% 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 All by adding it to a well-diversified portfolio.
Direxion All Fundamentals Growth
Direxion Etf prices reflect investors' perceptions of the future prospects and financial health of Direxion All, and Direxion All 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 | 16.99 X | |||
| Price To Book | 2.45 X | |||
| Price To Sales | 1.46 X | |||
| Total Asset | 52.66 M | |||
About Direxion All Performance
Evaluating Direxion All's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Direxion All 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 All 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 investment results before fees and expenses that track the SP Composite 1500 Executive Activity Analyst Estimate Index. Direxion All is traded on NYSEArca Exchange in the United States.| Latest headline from news.google.com: Proactive Strategies - Stock Traders Daily | |
| The fund created five year return of -1.0% | |
| Direxion All Cap maintains 99.18% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion All Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Direxion All Cap 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 All's value that differs from its market value or its book value, called intrinsic value, which is Direxion All'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 All's market value can be influenced by many factors that don't directly affect Direxion All'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 All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion All'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.