Direxion Daily Valuation
| AMZD Etf | USD 12.69 0.29 2.23% |
At this time, the entity appears to be overvalued. Direxion Daily AMZN shows a prevailing Real Value of $11.83 per share. The current price of the entity is $12.69. Our model computes the value of Direxion Daily AMZN from reviewing the entity fundamentals such as equity positions weight of (10.12) % as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Direxion Daily's price fluctuation is not too volatile at this time. Calculation of the real value of Direxion Daily AMZN is based on 3 months time horizon. Increasing Direxion Daily's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Direxion etf is determined by what a typical buyer is willing to pay for full or partial control of Direxion Daily AMZN. Since Direxion Daily is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Direxion Etf. However, Direxion Daily'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 12.69 | Real 11.83 | Hype 12.65 | Naive 13.6 |
The real value of Direxion Etf, also known as its intrinsic value, is the underlying worth of Direxion Daily AMZN ETF, which is reflected in its stock price. It is based on Direxion Daily's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Direxion Daily'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 Daily AMZN 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 Daily more accurately as focusing exclusively on Direxion Daily's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Direxion Daily's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Direxion Daily and how it compares across the competition.
About Direxion Daily Valuation
The etf valuation mechanism determines Direxion Daily's current worth on a weekly basis. Our valuation model uses a comparative analysis of Direxion Daily. We calculate exposure to Direxion Daily's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Direxion Daily's related companies.The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in AMZN that is equal, on a daily basis, to -100 percent of the value of the funds net assets. Direxion Amzn is traded on NASDAQ Exchange in the United States.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Direxion Daily AMZN. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Direxion Daily AMZN 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily'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 Daily's market value can be influenced by many factors that don't directly affect Direxion Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.