Direxion Daily Csco Etf Performance
| CSCL Etf | 25.35 0.16 0.63% |
The etf shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Direxion Daily's returns are expected to increase less than the market. However, during the bear market, the loss of holding Direxion Daily is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Direxion Daily CSCO are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent fundamental indicators, Direxion Daily is not utilizing all of its potentials. The newest stock price mess, may contribute to short-term losses for the institutional investors. ...more
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Direxion Daily Relative Risk vs. Return Landscape
If you would invest 2,522 in Direxion Daily CSCO on April 26, 2025 and sell it today you would earn a total of 13.00 from holding Direxion Daily CSCO or generate 0.52% return on investment over 90 days. Direxion Daily CSCO is currently generating 0.038% in daily expected returns and assumes 1.6868% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of etfs are less volatile than Direxion, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Direxion Daily Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Daily's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Direxion Daily CSCO, and traders can use it to determine the average amount a Direxion Daily's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0225
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| Negative Returns | CSCL |
Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Direxion Daily is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Direxion Daily by adding it to a well-diversified portfolio.