Direxion Etf Performance
| EVAV Etf | USD 28.62 0.00 0.00% |
The etf shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Direxion are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Direxion has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Direxion is not utilizing all of its potentials. The newest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Direxion | Build AI portfolio with Direxion Etf |
Direxion Relative Risk vs. Return Landscape
If you would invest 2,862 in Direxion on October 29, 2025 and sell it today you would earn a total of 0.00 from holding Direxion or generate 0.0% return on investment over 90 days. Direxion is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% 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 Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Direxion for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Direxion can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Direxion is not yet fully synchronised with the market data | |
| Direxion generated a negative expected return over the last 90 days | |
| The fund created three year return of -32.0% | |
| Direxion retains 89.11% of its assets under management (AUM) in equities |
Direxion Fundamentals Growth
Direxion Etf prices reflect investors' perceptions of the future prospects and financial health of Direxion, and Direxion fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Direxion Etf performance.
| Total Asset | 3.13 M | |||
About Direxion Performance
Evaluating Direxion's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Direxion has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Direxion has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The index is designed to track the performance of electric and autonomous vehicles companies. Direxion Daily is traded on NYSEARCA Exchange in the United States.| Direxion is not yet fully synchronised with the market data | |
| Direxion generated a negative expected return over the last 90 days | |
| The fund created three year return of -32.0% | |
| Direxion retains 89.11% of its assets under management (AUM) in equities |
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 nation. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.