Direxion Valuation
| FNTC Etf | USD 12.75 0.00 0.00% |
At this time, the entity appears to be overvalued. Direxion shows a prevailing Real Value of $11.63 per share. The current price of the entity is $12.75. Our model computes the value of Direxion from reviewing the entity fundamentals such as Number Of Shares Shorted of 1.71 K, shares outstanding of 4.7 M, and Shares Owned By Institutions of 13.00 % as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Direxion's price fluctuation is very steady at this time. Calculation of the real value of Direxion is based on 3 months time horizon. Increasing Direxion's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Direxion is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Direxion Etf. However, Direxion'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 12.75 | Real 11.63 | Hype 12.75 | Naive 12.78 |
The real value of Direxion Etf, also known as its intrinsic value, is the underlying worth of Direxion ETF, which is reflected in its stock price. It is based on Direxion's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Direxion'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 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 more accurately as focusing exclusively on Direxion's fundamentals will not take into account other important factors: Direxion Total Value Analysis
Direxion is currently anticipated to have valuation of 48.37 M with market capitalization of 49.51 M, debt of 285 K, and cash on hands of 65.26 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Direxion fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
48.37 M | 49.51 M | 285 K | 65.26 K |
Direxion Asset Utilization
One of the ways to look at asset utilization of Direxion is to check how much profit was generated for every dollar of assets it reports. Direxion shows a negative utilization of assets of -0.28 percent, losing $0.0028 for each dollar of assets held by the entity. Inadequate asset utilization denotes the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Direxion shows how discouraging it operates for each dollar spent on its assets.Direxion Ownership Allocation
The market capitalization of Direxion is $49.51 Million. Direxion shows 7.79 percent of its outstanding shares held by insiders and 13.0 percent owned by other corporate entities. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the entity is less than the current market value, you may not be able generate positive returns on investment in the long run.Direxion Profitability Analysis
Net Income was 113.73 K with loss before overhead, payroll, taxes, and interest of (228.65 K).Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Direxion'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 and how it compares across the competition.
About Direxion Valuation
The etf valuation mechanism determines Direxion's current worth on a weekly basis. Our valuation model uses a comparative analysis of Direxion. We calculate exposure to Direxion's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Direxion's related companies.-listed securities, including ADRs, of companies that are offering technology-driven financial services, which includes companies that facilitate decentralized finance systems. Direxion Daily is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Direxion 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's value that differs from its market value or its book value, called intrinsic value, which is Direxion'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's market value can be influenced by many factors that don't directly affect Direxion'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion'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.