Semiconductor Etf Profile

SOXL -  USA Etf  

USD 46.26  1.80  4.05%

Semiconductor Bull is selling for 46.26 as of the 27th of September 2021. This is a 4.05 percent up since the beginning of the trading day. The etf's lowest day price was 44.01. Semiconductor Bull has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Semiconductor Bull 3X are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2019 and ending today, the 27th of September 2021. Click here to learn more.
 Market Performance
2 of 100
  Odds Of Distress
Less than 1

Semiconductor Bull Etf Profile

The investment seeks daily investment results, before fees and expenses, of 300 percent of the daily performance of the PHLX Semiconductor Sector Index. Semiconductor Bull is traded on NYSEArca Exchange in the United States. more on Semiconductor Bull
Semiconductor Bull has very high historical volatility over the last 90 days
Semiconductor Bull is unlikely to experience financial distress in the next 2 years
Legal NameSemiconductor Bull 3X
ChairmanDaniel ONeill  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Semiconductor Bull's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
IssuerDirexion
DescriptionDirexion Daily Semiconductors Bull 3x Shares
Inception Date2010-03-09
BenchmarkICE Semiconductor Index
Entity TypeRegulated Investment Company
Asset Under Management3.81 Billion
Average Trading Valume10.38 Million
Asset TypeEquity
CategorySector
FocusTechnology
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-May
ExchangeNYSE Arca, Inc.
Number of Constituents49.0
Total Expense0.99
Management Fee0.75
Nav Price44.36
Two Hundred Day Average40.39
Ytd43.29%
Average Daily Volume In Three Month11.16M
Fifty Two Week Low15.76
As Of Date30th of June 2021
Average Daily Volume Last 10 Day11.58M
Fifty Two Week High49.53
One Month14.85%
Fifty Day Average45.17
Three Month16.57%
Beta In Three Year3.78
Semiconductor Bull 3X [SOXL] is traded in USA and was established 2010-03-11. The fund is listed under Trading--Leveraged Equity category and is part of Direxion Funds family. Semiconductor Bull at this time have 4.63 B in assets. , while the total return for the last 3 years was 68.57%.
Check Semiconductor Bull Probability Of Bankruptcy

Geographic Allocation (%)

Top Semiconductor Bull 3X Constituents

Semiconductor Bull Target Price Odds Analysis

What are Semiconductor Bull's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Semiconductor Bull jumping above the current price in 90 days from now is about 17.9%. The Semiconductor Bull 3X probability density function shows the probability of Semiconductor Bull etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Semiconductor Bull 3X has a beta of -0.0117. This usually implies as returns on benchmark increase, returns on holding Semiconductor Bull are expected to decrease at a much lower rate. During the bear market, however, Semiconductor Bull 3X is likely to outperform the market. Additionally, the company has an alpha of 0.3481, implying that it can generate a 0.35 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 46.26HorizonTargetOdds Up 46.26 
81.97%90 days
 46.26 
17.90%
Based on a normal probability distribution, the odds of Semiconductor Bull to move above the current price in 90 days from now is about 17.9 (This Semiconductor Bull 3X probability density function shows the probability of Semiconductor Etf to fall within a particular range of prices over 90 days) .

Semiconductor Bull Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Semiconductor Bull market risk premium is the additional return an investor will receive from holding Semiconductor Bull long position in a well-diversified portfolio. 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 Semiconductor Bull. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Semiconductor Bull's alpha and beta are two of the key measurements used to evaluate Semiconductor Bull's performance over the market, the standard measures of volatility play an important role as well.

Semiconductor Bull Technical Analysis

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

Semiconductor Bull Against Markets

Picking the right benchmark for Semiconductor Bull etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Semiconductor Bull etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Semiconductor Bull is critical whether you are bullish or bearish towards Semiconductor Bull 3X at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Semiconductor Bull without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at World Market Map. Note that the Semiconductor Bull information on this page should be used as a complementary analysis to other Semiconductor Bull's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Semiconductor Bull price analysis, check to measure Semiconductor Bull's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Semiconductor Bull is operating at the current time. Most of Semiconductor Bull's value examination focuses on studying past and present price action to predict the probability of Semiconductor Bull's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Semiconductor Bull's price. Additionally, you may evaluate how the addition of Semiconductor Bull to your portfolios can decrease your overall portfolio volatility.
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The market value of Semiconductor Bull is measured differently than its book value, which is the value of Semiconductor that is recorded on the company's balance sheet. Investors also form their own opinion of Semiconductor Bull's value that differs from its market value or its book value, called intrinsic value, which is Semiconductor Bull'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 Semiconductor Bull's market value can be influenced by many factors that don't directly affect Semiconductor Bull underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Semiconductor Bull's value and its price as these two are different measures arrived at by different means. Investors typically determine Semiconductor Bull value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Semiconductor Bull'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.