Direxion Etf Profile

BRZU
 Etf
  

USD 74.67  2.30  3.18%   

Market Performance
1 of 100
Odds Of Distress
Less than 44
Direxion Daily is selling for under 74.67 as of the 7th of December 2022; that is 3.18 percent increase since the beginning of the trading day. The etf's last reported lowest price was 72.51. Direxion Daily has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Direxion Daily MSCI are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of November 2022 and ending today, the 7th of December 2022. Click here to learn more.
The fund invests at least 80 percent of its net assets in financial instruments, such as swap agreements, ETFs that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. More on Direxion Daily MSCI

Direxion Daily Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Direxion Daily's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Direxion Daily or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Direxion Daily MSCI has very high historical volatility over the last 90 days
Direxion Daily MSCI created five year return of -44.0%
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Direxion Daily's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
IssuerDirexion
Inception Date2013-04-10
BenchmarkMSCI Brazil 25/50 Index
Entity TypeRegulated Investment Company
Asset Under Management116.49 Million
Average Trading Valume160,999.9
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationEmerging Markets
RegionLatin 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
ExchangeNYSE Arca, Inc.
Number of Constituents20.0
Market MakerVirtu Financial
Total Expense1.26
Management Fee0.75
Nav Price76.51
Two Hundred Day Average84.88
Ytd22.49%
Average Daily Volume In Three Month137.83k
Fifty Two Week Low54.41
As Of Date25th of October 2022
Average Daily Volume Last 10 Day186.96k
Fifty Two Week High128.88
One Month2.11%
Fifty Day Average80.0
Three Month28.33%
Beta In Three Year2.62
Direxion Daily MSCI [BRZU] is traded in USA and was established 2013-04-10. The fund is listed under Trading--Leveraged Equity category and is part of Direxion Funds family. Direxion Daily MSCI currently have 124.32 M in assets under management (AUM). , while the total return for the last 3 years was -57.25%.
Check Direxion Daily Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Direxion Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Direxion Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Direxion Daily MSCI Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Direxion Daily MSCI Etf Constituents

Direxion Daily Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of Direxion Daily jumping above the current price in 90 days from now is about 76.7%. The Direxion Daily MSCI probability density function shows the probability of Direxion Daily etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.2823 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Direxion Daily will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Direxion Daily MSCI is significantly underperforming NYSE Composite.
  Odds Below 74.67HorizonTargetOdds Above 74.67
23.17%90 days
 74.67 
76.70%
Based on a normal probability distribution, the odds of Direxion Daily to move above the current price in 90 days from now is about 76.7 (This Direxion Daily MSCI probability density function shows the probability of Direxion Etf to fall within a particular range of prices over 90 days) .

Direxion Daily MSCI Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Direxion Daily market risk premium is the additional return an investor will receive from holding Direxion Daily long position in a well-diversified portfolio. 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. Although Direxion Daily's alpha and beta are two of the key measurements used to evaluate Direxion Daily's performance over the market, the standard measures of volatility play an important role as well.

Direxion Daily Against Markets

Picking the right benchmark for Direxion Daily etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Direxion Daily etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Direxion Daily is critical whether you are bullish or bearish towards Direxion Daily MSCI at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Direxion Daily without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Direxion Daily MSCI?

The danger of trading Direxion Daily MSCI is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Direxion Daily is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Direxion Daily. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Direxion Daily MSCI is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Direxion Daily MSCI information on this page should be used as a complementary analysis to other Direxion Daily's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Direxion Daily MSCI price analysis, check to measure Direxion Daily'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 Daily is operating at the current time. Most of Direxion Daily's value examination focuses on studying past and present price action to predict the probability of Direxion Daily's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Direxion Daily's price. Additionally, you may evaluate how the addition of Direxion Daily to your portfolios can decrease your overall portfolio volatility.
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The market value of Direxion Daily MSCI 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 Direxion Daily value 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.