Direxion Daily Avgo Etf Profile

AVL Etf   21.92  1.27  6.15%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Above Average

 
High
 
Low
Direxion Daily is selling for 21.92 as of the 4th of May 2025. This is a 6.15 percent up since the beginning of the trading day. The etf's lowest day price was 21.45. Direxion Daily has over 57 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 3rd of February 2025 and ending today, the 4th of May 2025. Click here to learn more.
Avalon Rare Metals Inc. explores and develops rare metals and minerals primarily in Canada. More on Direxion Daily AVGO

Moving together with Direxion Etf

  0.91VTI Vanguard Total StockPairCorr
  0.9SPY SPDR SP 500PairCorr
  0.9IVV iShares Core SPPairCorr
  0.77VTV Vanguard Value IndexPairCorr
  0.94VUG Vanguard Growth IndexPairCorr

Moving against Direxion Etf

  0.81MYCF SPDR SSGA My2026PairCorr
  0.73ULE ProShares Ultra EuroPairCorr
  0.67BND Vanguard Total BondPairCorr
  0.67IBND SPDR Bloomberg InterPairCorr
  0.55TRV The Travelers CompaniesPairCorr

Direxion Etf Highlights

Thematic Ideas
(View all Themes)
Old NameAdvanced Health Ltd
Business ConcentrationSingle Stock ETFs, Strategy ETFs, null, null (View all Sectors)
IssuerDirexion
Inception Date2024-10-10
Entity TypeRegulated Investment Company
Asset Under Management63.49 Million
Asset TypeEquity
CategoryStrategy
FocusSingle Stock
Market ConcentrationDeveloped Markets
RegionNorth 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
ExchangeNASDAQ
Number of Constituents17.0
Market MakerSusquehanna
Total Expense0.99
Management Fee0.75
Country NameUSA
CodeAVL
Updated At23rd of April 2025
NameDirexion Daily AVGO Bull 2X Shares
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01Q40B085
TypeETF
Direxion Daily AVGO [AVL] is traded in USA and was established null. The fund is classified under Strategy category within null family. The entity is thematically classified as Single Stock ETFs. Direxion Daily AVGO presently have in assets under management (AUM). Direxion Daily AVGO has about 3.85 M in cash with (2.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Direxion Daily Probability Of Bankruptcy

Direxion Daily AVGO Risk Profiles

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.

Direxion Daily Against Markets

When determining whether Direxion Daily AVGO is a strong investment it is important to analyze Direxion Daily's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion Daily's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Direxion Daily AVGO. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Direxion Daily AVGO 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 if Direxion Daily is a good investment 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.