Direxion Etf Earnings Per Share
Direxion fundamentals help investors to digest information that contributes to Direxion's financial success or failures. It also enables traders to predict the movement of Direxion Etf. The fundamental analysis module provides a way to measure Direxion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Direxion etf.
Direxion |
Direxion ETF Earnings Per Share Analysis
Direxion's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Direxion Earnings Per Share | (0.55) X |
Most of Direxion's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Direxion is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
CompetitionAccording to the company disclosure, Direxion has an Earnings Per Share of -0.55 times. This is much lower than that of the Direxion Funds family and significantly lower than that of the Trading-Leveraged Equity category. The earnings per share for all United States etfs is notably higher than that of the company.
Direxion Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Direxion's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Direxion could also be used in its relative valuation, which is a method of valuing Direxion by comparing valuation metrics of similar companies.Direxion is currently under evaluation in earnings per share as compared to similar ETFs.
Fund Asset Allocation for Direxion
The fund invests 63.36% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Direxion's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Direxion Fundamentals
| Return On Asset | -4.13 | |||
| Profit Margin | (17.12) % | |||
| Operating Margin | (5.52) % | |||
| Current Valuation | 924.74 K | |||
| Shares Outstanding | 1.52 M | |||
| Revenue | 5.1 M | |||
| Gross Profit | 3.45 M | |||
| EBITDA | (258.32 K) | |||
| Net Income | (872.72 K) | |||
| Cash And Equivalents | 1.21 M | |||
| Cash Per Share | 0.79 X | |||
| Current Ratio | 6.95 X | |||
| Cash Flow From Operations | 145.66 K | |||
| Earnings Per Share | (0.55) X | |||
| Market Capitalization | 2.14 M | |||
| Total Asset | 11.67 M | |||
| Retained Earnings | (9.37 M) | |||
| Working Capital | 6.88 M | |||
| Current Asset | 8.31 M | |||
| Current Liabilities | 1.43 M | |||
| Year To Date Return | (12.00) % | |||
| One Year Return | 16.01 % | |||
| Net Asset | 1.4 M | |||
| Equity Positions Weight | 63.36 % |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Tools for Direxion Etf
When running Direxion's price analysis, check to measure Direxion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Direxion is operating at the current time. Most of Direxion's value examination focuses on studying past and present price action to predict the probability of Direxion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direxion's price. Additionally, you may evaluate how the addition of Direxion to your portfolios can decrease your overall portfolio volatility.
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