Direxion Daily Msft Etf Profile
| MSFD Etf | USD 13.78 0.16 1.17% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Direxion Daily is trading at 13.78 as of the 30th of November 2024, a 1.17 percent up since the beginning of the trading day. The etf's lowest day price was 13.73. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Direxion Daily MSFT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in MSFT that is equal, on a daily basis, to -100 percent of the value of the funds net assets. More on Direxion Daily MSFT
Direxion Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Single Stock ETFs, Strategy ETFs, Trading--Inverse Equity, Direxion Funds (View all Sectors) |
| Issuer | Direxion |
| Inception Date | 2022-09-07 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.51 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Rafferty Asset Management, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Brigandi, Tony Ng |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 6.0 |
| Market Maker | Susquehanna |
| Total Expense | 1.29 |
| Management Fee | 0.75 |
| 200 Day M A | 13.8978 |
| Country Name | USA |
| 50 Day M A | 13.8452 |
| Code | MSFD |
| Updated At | 29th of November 2024 |
| Returns Y T D | (8.48) |
| Name | Direxion Daily MSFT Bear 1X Shares |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG019J36V16 |
| Type | ETF |
| 1y Volatility | 20.49 |
Direxion Daily MSFT [MSFD] is traded in USA and was established 2022-09-06. The fund is listed under Trading--Inverse Equity category and is part of Direxion Funds family. The entity is thematically classified as Single Stock ETFs. Direxion Daily MSFT now have 4.06 M in assets. , while the total return for the last year was -7.3%.
Check Direxion Daily Probability Of Bankruptcy
Direxion Daily MSFT 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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.16) |
Direxion Daily Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily MSFT. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of Direxion Daily MSFT 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily'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 Daily's market value can be influenced by many factors that don't directly affect Direxion Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily'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.