EDC:NYE-Direxion Daily MSCI Emerging Markets Bull 3X Shares (USD)

ETF | Trading--Leveraged Equity |

Last Closing

USD 31.4

Change

+1.15 (+3.80)%

Market Cap

USD 0.08B

Volume

0.05M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is designed to represent the performance of large- and mid-capitalization securities across 24 emerging market countries. The fund is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-18 )

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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 3.19% 23% F 41% F
Dividend Return 3.31% 98% N/A 52% F
Total Return 6.50% 24% F 39% F
Trailing 12 Months  
Capital Gain 10.02% 19% F 47% F
Dividend Return 4.03% 97% N/A 52% F
Total Return 14.05% 24% F 46% F
Trailing 5 Years  
Capital Gain -57.90% 21% F 7% C-
Dividend Return 3.54% 50% F 9% A-
Total Return -54.36% 20% F 7% C-
Average Annual (5 Year Horizon)  
Capital Gain 6.22% 24% F 56% F
Dividend Return 7.37% 22% F 52% F
Total Return 1.15% 77% C+ 28% F
Risk Return Profile  
Volatility (Standard Deviation) 71.84% 55% F 12% F
Risk Adjusted Return 10.25% 21% F 28% F
Market Capitalization 0.08B 45% F 25% 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.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.