Is Direxion Daily Electric stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Direxion Daily Electric pays dividends. Last time was Tuesday 1st of October 2024 where the investors holding the stock on Tuesday 24th of September 2024 were paid $0.09094 per share. Over the last 7 times between 2022 and 2024, Direxion Daily Electric has paid $1.43216 with an average of $0.2 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Direxion Daily Electric 10 years ago, but if you had invested on Thursday 11th of August 2022 when the price was $244.02, you would have made a loss of $-226.71 per share or -92.91%
No, the average daily trading liquidity for Direxion Daily Electric is $22 064 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Direxion Daily Electric has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Direxion Daily Electric to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.