Direxion Etf Valuation

LOPX -  USA Etf  

USD 7.66  0.32  4.01%

Do you wonder what the value of Direxion Low Priced is? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as Direxion Low, is its stock price multiplied by the total number of shares outstanding, calculating Direxion Low's enterprise value requires a different approach. It uses Direxion Low's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
Direxion Low Priced shows a prevailing Real Value of $7.94 per share. The current price of the entity is $7.66. Our model computes the value of Direxion Low Priced from reviewing the entity technical indicators and Probability Of Bankruptcy. In general, we advise acquiring undervalued instruments and dropping overvalued instruments since, at some point, equity prices and their ongoing real values will submerge.

Direxion Valuation 

 
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Direxion Low Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Direxion Low's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Undervalued
Today
7.66
4th of December 2021
Share
Please note that Direxion Low's price fluctuation is not too volatile at this time. Calculation of the real value of Direxion Low Priced is based on 3 months time horizon. Increasing Direxion Low's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Direxion Low Priced is useful when determining the fair value of the Direxion etf, which is usually determined by what a typical buyer is willing to pay for full or partial control of Direxion Low. Since Direxion Low is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Direxion Etf. However, Direxion Low's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
7.94
Real Value
9.86
Upside
Estimating the potential upside or downside of Direxion Low Priced helps investors to forecast how Direxion etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Direxion Low more accurately as focusing exclusively on Direxion Low's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.719.0910.48
Details
Hype
Prediction
LowEstimated ValueHigh
5.747.669.58
Details
Naive
Forecast
LowNext ValueHigh
5.447.369.27
Details

About Direxion Low Valuation

The equity valuation mechanism determines the current worth of Direxion Low Priced on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Direxion Low Priced. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Direxion Low Priced based exclusively on its fundamental and basic technical indicators. By analyzing Direxion Low's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Direxion Low's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Direxion Low. We calculate exposure to Direxion Low's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Direxion Low's related companies.
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.
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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.