Direxion Daily Avgo Etf Profile

AVL Etf   17.91  1.18  6.18%   

Performance

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Odds Of Distress

Over 54

 
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Direxion Daily is selling for 17.91 as of the 28th of November 2024. This is a 6.18 percent down since the beginning of the trading day. The etf's lowest day price was 17.42. Direxion Daily has 54 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Direxion Daily AVGO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
IPO Date
10th of October 2024
Avalon Rare Metals Inc. explores and develops rare metals and minerals primarily in Canada. More on Direxion Daily AVGO

Moving against Direxion Etf

  0.46BND Vanguard Total BondPairCorr
  0.33AMPD Tidal Trust IIPairCorr

Direxion Etf Highlights

Thematic Ideas
(View all Themes)
Old NameAdvanced Health Ltd
Business ConcentrationStrategy ETFs, Single Stock ETFs, null, null (View all Sectors)
IssuerDirexion
Inception Date2024-10-10
Entity TypeRegulated Investment Company
Asset Under Management7.15 Million
Asset TypeEquity
CategoryStrategy
FocusSingle Stock
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
ExchangeNASDAQ
Number of Constituents14.0
Market MakerSusquehanna
Total Expense0.99
Management Fee0.75
Country NameUSA
NameDirexion Daily AVGO Bull 2X Shares
Currency CodeUSD
Open FigiBBG01Q40B085
CodeAVL
Updated At10th of November 2024
Currency NameUS Dollar
TypeCommon Stock
I P O Date10th of October 2024
Is Delistedfalse
Direxion Daily AVGO [AVL] is traded in USA and was established null. The fund is classified under Strategy category within null family. The entity is thematically classified as Strategy ETFs. Direxion Daily AVGO presently have in assets under management (AUM). Direxion Daily AVGO has about 3.85 M in cash with (2.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Direxion Daily Probability Of Bankruptcy

Direxion Daily AVGO Risk Profiles

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 Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Direxion Daily Against Markets

Other Information on Investing in Direxion Etf

Direxion Daily financial ratios help investors to determine whether Direxion Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Direxion with respect to the benefits of owning Direxion Daily security.