Direxion Etf Financials

LOPX -  USA Etf  

USD 7.66  0.32  4.01%

Understanding current and past Direxion Low Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Direxion Low's financial statements are interrelated, with each one affecting the others. For example, an increase in Direxion Low's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Direxion Low's financials over time to get the whole picture.
Please utilize Direxion Low Priced fundamental data analysis to find out if markets are presently mispricing the etf. We were able to interpolate data for one available fundamental indicators for Direxion Low Priced, which can be compared to its rivals. Use Direxion Low to protect your portfolios against small market fluctuations. The etf experiences a very speculative upward sentiment. Check odds of Direxion Low to be traded at $7.28 in 90 days.

Direxion Fundamentals 

 
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With this module, you can analyze Direxion financials for your investing period. You should be able to track the changes in Direxion Low individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Chance Of Financial Distress
Over 57
Direxion Low Priced has more than 57 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Direxion Low etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Direxion Low's official financial statements usually reflect Direxion Low's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Direxion Low Priced. For example, before you start analyzing numbers published by Direxion accountants, it's critical to develop an understanding of what Direxion Low's liquidity, profitability, and earnings quality are in the context of the Direxion Funds space in which it operates.
Please note, the presentation of Direxion Low's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Direxion Low's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Direxion Low's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Direxion Low Priced. Please utilize our Beneish M Score to check the likelihood of Direxion Low's management to manipulate its earnings.

Direxion Low Company Summary

Direxion Low competes with Micro-Cap Ishares. The investment seeks investment results, before fees and expenses, that track the Solactive Two Bucks Index. Direxion Low is traded on NYSEArca Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
RegionNorth America
Investment IssuerDirexion
Etf FamilyDirexion Funds
Fund CategoryBroad Equity
Portfolio ConcentrationBroad Equity
BenchmarkDOW
Phone866 476 7523
CurrencyUSD - US Dollar

Direxion Low Priced Systematic Risk

Direxion Low's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Direxion Low volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-one with a total number of output elements of thirty. The Beta measures systematic risk based on how returns on Direxion Low Priced correlated with the market. If Beta is less than 0 Direxion Low generally moves in the opposite direction as compared to the market. If Direxion Low Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Direxion Low Priced is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Direxion Low is generally in the same direction as the market. If Beta > 1 Direxion Low moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Direxion Low Financials

What exactly are Direxion Low Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Direxion Low's income statement, its balance sheet, and the statement of cash flows. Potential Direxion Low investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Direxion Low investors may use each financial statement separately, they are all related. The changes in Direxion Low's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Direxion Low'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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Direxion Low is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Direxion grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
This Etf does not participate in any thematic ideas. You can create a thematic portfolio hereView All Thematic Ideas

Direxion Low December 3, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Direxion Low help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Direxion Low Priced. We use our internally-developed statistical techniques to arrive at the intrinsic value of Direxion Low Priced based on widely used predictive technical indicators. In general, we focus on analyzing Direxion Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Direxion Low's daily price indicators and compare them against related drivers.
Information Ratio(0.13)
Maximum Drawdown7.99
Value At Risk(3.43)
Potential Upside2.26
Additionally, see Stocks Correlation. Note that the Direxion Low Priced information on this page should be used as a complementary analysis to other Direxion Low'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Direxion Low Priced price analysis, check to measure Direxion Low'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 Direxion Low is operating at the current time. Most of Direxion Low's value examination focuses on studying past and present price action to predict the probability of Direxion Low's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Direxion Low's price. Additionally, you may evaluate how the addition of Direxion Low to your portfolios can decrease your overall portfolio volatility.
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The market value of Direxion Low Priced 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 Low's value that differs from its market value or its book value, called intrinsic value, which is Direxion Low'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 Low's market value can be influenced by many factors that don't directly affect Direxion Low'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 Low's value and its price as these two are different measures arrived at by different means. Investors typically determine Direxion Low value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Low'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.