Direxion Etf Profile

LOPX -  USA Etf  

USD 8.45  0.25  2.87%

Direxion Low is trading at 8.45 as of the 29th of November 2021; that is -2.87% down since the beginning of the trading day. The etf's open price was 8.7. Direxion Low has over 58 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Direxion Low Priced are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2021 and ending today, the 29th of November 2021. Click here to learn more.
Market Performance
0 of 100
Odds Of Distress
Over 58
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.. More on Direxion Low Priced

Direxion Low Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Direxion Low's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Direxion Low or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Direxion Low Priced generated a negative expected return over the last 90 days
Direxion Low Priced has high likelihood to experience some financial distress in the next 2 years
Legal NameDirexion Low Priced
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 Direxion Low's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
IssuerDirexion
DescriptionDirexion Low Priced Stock ETF
Inception Date2021-07-22
BenchmarkSolactive Two Bucks Index
Entity TypeRegulated Investment Company
Asset Under Management4.78 Million
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
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-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents51.0
Market MakerSusquehanna
Total Expense0.5
Management Fee0.45
Nav Price9.49
Average Daily Volume Last 10 Day640
Fifty Two Week High9.99
Two Hundred Day Average9.34
Average Daily Volume In Three Month1.73k
Fifty Day Average9.42
Fifty Two Week Low8.04
As Of Date1st of January 1970
Direxion Low Priced [LOPX] is traded in USA and was established 2021-07-22. The fund is listed under Small Blend category and is part of Direxion Funds family. The entity is thematically classified as Small Blend. Direxion Low Priced now have in assets.
Check Direxion Low Probability Of Bankruptcy

Geographic Allocation (%)

Direxion Low Target Price Odds Analysis

What are Direxion Low's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Direxion Low jumping above the current price in 90 days from now is close to 99%. The Direxion Low Priced probability density function shows the probability of Direxion Low etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.2939. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Direxion Low will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Direxion Low Priced is significantly underperforming DOW.
 Odds Down 8.45HorizonTargetOdds Up 8.45 
0.13%90 days
 8.45 
99.87%
Based on a normal probability distribution, the odds of Direxion Low to move above the current price in 90 days from now is close to 99 (This Direxion Low Priced probability density function shows the probability of Direxion Etf to fall within a particular range of prices over 90 days) .

Direxion Low Major Institutional Holders

Institutional Holdings refers to the ownership stake in Direxion Low that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Direxion Low's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Direxion Low's value.
InstituionSecurity TypeTotal SharesValue
Citigroup IncFund Units125 K1.2 M
View Direxion Low Diagnostics

Direxion Low Priced Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Direxion Low market risk premium is the additional return an investor will receive from holding Direxion Low 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 Direxion Low. 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 Direxion Low's alpha and beta are two of the key measurements used to evaluate Direxion Low's performance over the market, the standard measures of volatility play an important role as well.

Direxion Low Priced Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Direxion Low Priced Sine Of Price Series is a trigonometric price transformation method. View also all equity analysis or get more info about sine of price series math transform indicator.

Direxion Low Against Markets

Picking the right benchmark for Direxion Low 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 Direxion Low 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 Direxion Low is critical whether you are bullish or bearish towards Direxion Low Priced at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Direxion Low 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.

Did you try this?

Run Portfolio Rebalancing Now

   

Portfolio Rebalancing

Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
All  Next Launch Module
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Direxion Etf analysis

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.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
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.