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Direxion Daily Profile

DI

Performance

Odds of Distress

Equity ratings for Direxion Daily SP Biotech Bear are calculated based on Macroaxis scoring framework. The performance scores are derived for the period starting November 30, 2019 and ending today February 28, 2020. Click here to learn more.

Direxion Daily Profile

The etf experiences active upward rally. The investment seeks daily investment results, before fees and expenses, of 300 percent of the inverse of the daily performance of the SP Biotechnology Select Industry Index. Direxion Daily is traded on BATS Exchange in USA. more on Direxion Daily
Legal NameDirexion Daily SP Biotech Bear
Macroaxis Advice
Macroaxis buy hold or sell recommendation provided in the context of your current investment horizon and risk tolerance.
Horizon: 30 days (very short)Advice
IssuerDirexion
DescriptionDirexion Daily S&P Biotech Bear 3x Shares
Inception Date2015-05-28
BenchmarkS&P Biotechnology Select Industry Index
Entity TypeRegulated Investment Company
Asset Under Management151.26 Million
Average Trading Valume4.44 Million
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerPaul Brigandi, Tony Ng
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents15.0
Market MakerVirtu Financial
Total Expense1.14
Management Fee0.75
Nav Price13.29
Two Hundred Day Average17.3
Ytd19.76%
Average Daily Volume In Three Month4.12M
Fifty Two Week Low10.7
As Of DateJanuary 31, 2020
Average Daily Volume Last 10 Day5.14M
Fifty Two Week High28.82
One Month19.76%
Fifty Day Average12.38
Three Month-27.41%
Direxion Daily SP Biotech Bear [LABD] is traded in USA and was established 2015-05-28. The fund is listed under Trading--Inverse Equity category and is part of Direxion Funds family. Direxion Daily SP now have 164.02 M in assets. , while the total return for the last 3 years was -51.97%.
Check Direxion Daily Probability Of Bankruptcy

Sector Allocation (%)

Direxion Daily Target Price Odds Analysis

Odds Down 13.49HorizonTargetOdds Up 13.49
77.93%30 days 13.49 21.95%
Based on normal probability distribution, the odds of Direxion Daily to move above current price in 30 days from now is about 21.95 (This Direxion Daily SP Biotech Bear probability density function shows the probability of Direxion Daily Etf to fall within a particular range of prices over 30 days) .

Direxion Daily SP Risk Profiles

Direxion Daily SP Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Direxion Daily SP Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Direxion Daily price patterns. View also all equity analysis or get more info about inverse tangent over price movement math transform indicator.

Direxion Daily Against Markets

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Direxion Daily Distributions to stockholders

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