Direxion Daily Risk Adjusted Performance

LABD Etf  USD 9.51  0.53  5.90%   
Direxion Daily risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Direxion Daily SP or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Direxion Daily SP has current Risk Adjusted Performance of 0.0456.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0456
ER[a] = Expected return on investing in Direxion Daily
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Direxion Daily Risk Adjusted Performance Peers Comparison

Direxion Risk Adjusted Performance Relative To Other Indicators

Direxion Daily SP is rated second overall ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  691.04  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Direxion Daily SP is roughly  691.04 
Compare Direxion Daily to Peers

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