Direxion Monthly Financials
| DXKSX Fund | USD 28.65 0.19 0.66% |
Direxion |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Direxion Monthly Fund Summary
Direxion Monthly competes with Great-west Goldman, Short Precious, Invesco Gold, Goldman Sachs, and Precious Metals. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short leveraged exposure to the index equal to at least 80 percent of the funds net assets . Direxion Monthly is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Direxion Funds |
| Mutual Fund Family | Direxion Funds |
| Mutual Fund Category | Trading--Inverse Debt |
| Benchmark | Dow Jones Industrial |
| Phone | 800 851 0511 |
| Currency | USD - US Dollar |
Direxion Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Direxion Monthly's current stock value. Our valuation model uses many indicators to compare Direxion Monthly value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Direxion Monthly competition to find correlations between indicators driving Direxion Monthly's intrinsic value. More Info.Direxion Monthly 7 10 is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 19.75 of Year To Date Return per Annual Yield. 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 Monthly's earnings, one of the primary drivers of an investment's value.Direxion Monthly 7 Systematic Risk
Direxion Monthly's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Direxion Monthly volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Direxion Monthly 7 correlated with the market. If Beta is less than 0 Direxion Monthly generally moves in the opposite direction as compared to the market. If Direxion Monthly Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Direxion Monthly 7 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Direxion Monthly is generally in the same direction as the market. If Beta > 1 Direxion Monthly moves generally in the same direction as, but more than the movement of the benchmark.
Direxion Monthly December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Direxion Monthly help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Direxion Monthly 7 10. We use our internally-developed statistical techniques to arrive at the intrinsic value of Direxion Monthly 7 10 based on widely used predictive technical indicators. In general, we focus on analyzing Direxion Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Direxion Monthly's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.67 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.67 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.14 |
Other Information on Investing in Direxion Mutual Fund
Direxion Monthly financial ratios help investors to determine whether Direxion Mutual Fund 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 Monthly security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |