| SOXL Etf | | | USD 39.78 1.73 4.17% |
Direxion Daily market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Direxion Daily Semiconductor or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Direxion Daily Semiconductor has current Market Risk Adjusted Performance of 0.533.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.533 | |
| ER[a] | = | Expected return on investing in Direxion Daily |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Direxion Daily Market Risk Adjusted Performance Peers Comparison
Direxion Market Risk Adjusted Performance Relative To Other Indicators
Direxion Daily Semiconductor is rated
second largest ETF in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
49.02 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Direxion Daily Semiconductor is roughly
49.02
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