Direxion Shares Valuation
| TSLL Etf | USD 6.66 1.27 23.56% |
At this time, the entity appears to be overvalued. Direxion Shares ETF shows a prevailing Real Value of $6.35 per share. The current price of the entity is $6.66. Our model computes the value of Direxion Shares ETF from reviewing the entity fundamentals such as total asset of 57.17 M as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise picking up undervalued instruments and discarding overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
Overvalued
Today
Please note that Direxion Shares' price fluctuation is relatively risky at this time. Calculation of the real value of Direxion Shares ETF is based on 3 months time horizon. Increasing Direxion Shares' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Direxion Shares ETF 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 Shares. Since Direxion Shares is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Direxion Etf. However, Direxion Shares' 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. | Historical | Market 6.66 | Real 6.35 | Hype 6.72 | Naive 5.02 |
The real value of Direxion Etf, also known as its intrinsic value, is the underlying worth of Direxion Shares ETF ETF, which is reflected in its stock price. It is based on Direxion Shares' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Direxion Shares' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Direxion Shares' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Direxion Shares ETF 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 Shares more accurately as focusing exclusively on Direxion Shares' fundamentals will not take into account other important factors: Direxion Shares Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining Direxion Shares's current stock value. Our valuation model uses many indicators to compare Direxion Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Direxion Shares competition to find correlations between indicators driving Direxion Shares's intrinsic value. More Info.Direxion Shares ETF is presently regarded as number one ETF in net asset as compared to similar ETFs. It is presently regarded as number one ETF in equity positions weight as compared to similar ETFs . The ratio of Net Asset to Equity Positions Weight for Direxion Shares ETF is about 6,741,745 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Direxion Shares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Direxion Shares' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Direxion Shares' earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Direxion Shares' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Direxion Shares and how it compares across the competition.
About Direxion Shares Valuation
The etf valuation mechanism determines the current worth of Direxion Shares ETF on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Direxion Shares ETF. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Direxion Shares ETF based exclusively on its fundamental and basic technical indicators. By analyzing Direxion Shares'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 Shares'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 Shares. We calculate exposure to Direxion Shares's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Direxion Shares's related companies.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.
8 Steps to conduct Direxion Shares' Valuation Analysis
ETF's valuation is the process of determining the worth of any etf in monetary terms. It estimates Direxion Shares' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of etf valuation is a single number representing a ETF's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Direxion Shares' valuation analysis, follow these 8 steps:- Gather financial information: Obtain Direxion Shares' financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Direxion Shares' revenue streams: Identify Direxion Shares' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Direxion Shares' industry and market trends, including the size of the market, growth rate, and competition.
- Establish Direxion Shares' growth potential: Evaluate Direxion Shares' management, business model, and growth potential.
- Determine Direxion Shares' financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the ETF's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Direxion Shares' estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
A single share of Direxion Shares represents a small ownership stake in the entity. As a stockholder of Direxion, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Direxion Shares Dividends Analysis For Valuation
Please note that Direxion Shares has scaled down on payment of dividends at this time.
There are various types of dividends Direxion Shares can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Direxion shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Direxion Shares ETF directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Direxion pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Direxion Shares by the value of the dividends paid out.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Shares ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.