DRIP:NYE-Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (USD)

ETF | Trading--Inverse Equity |

Last Closing

USD 9.74

Change

-0.08 (-0.81)%

Market Cap

USD 0.04B

Volume

4.39M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily inverse (opposite) or short exposure to the index or to ETFs that track 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)

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Relative Returns (From:    To: 2024-11-13 )

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Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -13.73% 80% B- 13% F
Dividend Return 3.93% 89% A- 60% D-
Total Return -9.80% 84% B 14% F
Trailing 12 Months  
Capital Gain -11.05% 95% A 12% F
Dividend Return 4.87% 85% B 61% D-
Total Return -6.18% 96% N/A 12% F
Trailing 5 Years  
Capital Gain -98.46% 11% F N/A F
Dividend Return 0.21% 2% F 1% F
Total Return -98.25% 11% F N/A F
Average Annual (5 Year Horizon)  
Capital Gain 1,970.52% 80% B- 99% N/A
Dividend Return 1,971.69% 80% B- 99% N/A
Total Return 1.17% 74% C 28% F
Risk Return Profile  
Volatility (Standard Deviation) 11,224.91% 22% F 1% F
Risk Adjusted Return 17.57% 91% A- 35% F
Market Capitalization 0.04B 38% F 17% 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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.