Direxion Daily Tsm Etf Profile

TSMZ Etf   24.94  0.96  3.71%   

Performance

OK

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Direxion Daily is trading at 24.94 as of the 17th of April 2025; that is 3.71 percent down since the beginning of the trading day. The etf's open price was 25.9. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 17th of April 2025. Click here to learn more.

Moving together with Direxion Etf

  0.89SH ProShares Short SP500PairCorr
  0.89PSQ ProShares Short QQQPairCorr
  0.88SPXU ProShares UltraPro Short Buyout TrendPairCorr
  0.89SDS ProShares UltraShort Buyout TrendPairCorr
  0.88SPXS Direxion Daily SP Buyout TrendPairCorr
  0.88QID ProShares UltraShort QQQ Buyout TrendPairCorr

Moving against Direxion Etf

  0.9VTI Vanguard Total StockPairCorr
  0.9SPY SPDR SP 500PairCorr
  0.9IVV iShares Core SPPairCorr
  0.89VUG Vanguard Growth IndexPairCorr
  0.85VO Vanguard Mid CapPairCorr
  0.85VB Vanguard Small CapPairCorr

Direxion Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Single Stock ETFs, Trading--Inverse Equity (View all Sectors)
IssuerDirexion
Inception Date2024-10-03
BenchmarkTaiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM)
Entity TypeRegulated Investment Company
Asset Under Management3.15 Million
Asset TypeEquity
CategoryStrategy
FocusSingle Stock
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 End31-Oct
ExchangeNASDAQ
Number of Constituents17.0
Market MakerSusquehanna
Total Expense0.99
Management Fee0.75
Country NameUSA
CodeTSMZ
Updated At16th of April 2025
Returns Y T D16.82
NameDirexion Daily TSM Bear 1X Shares
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01Q3Z5C53
TypeETF
Direxion Daily TSM [TSMZ] is traded in USA and was established null. The fund is listed under Trading--Inverse Equity. The entity is thematically classified as Strategy ETFs. Direxion Daily TSM at this time have in assets.
Check Direxion Daily Probability Of Bankruptcy

Direxion Daily TSM Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Direxion Daily Against Markets

When determining whether Direxion Daily TSM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Daily's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Daily Tsm Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Tsm Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Daily TSM. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Direxion Daily TSM 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.