INDL:NYE-Direxion Daily MSCI India Bull 2x Shares (USD)

ETF | Trading--Leveraged Equity |

Last Closing

USD 73.55

Change

-0.77 (-1.04)%

Market Cap

USD 0.11B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The index is designed to measure the performance of the large- and mid-capitalization segments of the Indian equity market, covering approximately 85% of the Indian equity universe. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

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ETFs Containing INDL

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Leveraged Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 29.49% 71% C- 91% A-
Dividend Return 0.71% 56% F 16% F
Total Return 30.20% 71% C- 90% A-
Trailing 12 Months  
Capital Gain 48.53% 61% D- 92% A
Dividend Return 1.37% 52% F 20% F
Total Return 49.89% 61% D- 91% A-
Trailing 5 Years  
Capital Gain 24.03% 51% F 59% D-
Dividend Return 4.76% 66% D+ 13% F
Total Return 28.79% 52% F 52% F
Average Annual (5 Year Horizon)  
Capital Gain 29.39% 66% D+ 89% A-
Dividend Return 30.62% 66% D+ 89% A-
Total Return 1.23% 78% C+ 27% F
Risk Return Profile  
Volatility (Standard Deviation) 73.97% 51% F 11% F
Risk Adjusted Return 41.40% 70% C- 59% D-
Market Capitalization 0.11B 49% F 28% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.