Direxion Shares Financial Statements From 2010 to 2024
| TSLL Etf | USD 5.57 0.22 3.80% |
Check Direxion Shares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Direxion main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Direxion financial statements analysis is a perfect complement when working with Direxion Shares Valuation or Volatility modules.
Direxion |
Direxion Shares ETF ETF Net Asset Analysis
Direxion Shares' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Direxion Shares Net Asset | 57.17 M |
Most of Direxion Shares' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Direxion Shares ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Direxion Shares Net Asset Component Assessment
Based on the recorded statements, Direxion Shares ETF has a Net Asset of 57.17 M. This is 76.4% lower than that of the Direxion Funds family and 84.19% lower than that of the Family category. The net asset for all United States etfs is 97.5% higher than that of the company.
About Direxion Shares Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Direxion Shares income statement, its balance sheet, and the statement of cash flows. Direxion Shares investors use historical funamental indicators, such as Direxion Shares's revenue or net income, to determine how well the company is positioned to perform in the future. Although Direxion Shares investors may use each financial statement separately, they are all related. The changes in Direxion Shares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Direxion Shares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Direxion Shares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Direxion Shares. Please read more on our technical analysis and fundamental analysis pages.
The fund, under normal circumstances, invests at least 80 percent of its net assets in the securities of TSLA and financial instruments, such as swap agreements and options, that provide leveraged exposure to TSLA. Direxion Daily is traded on NASDAQ Exchange in the United States.
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When determining whether Direxion Shares ETF is a strong investment it is important to analyze Direxion Shares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion Shares' future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:Check out the analysis of Direxion Shares Correlation against competitors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Direxion Shares ETF 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 Shares' value that differs from its market value or its book value, called intrinsic value, which is Direxion Shares' 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 Shares' market value can be influenced by many factors that don't directly affect Direxion Shares' 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 Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Shares' 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.