Is Direxion Shares ETF Trust 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 Shares ETF Trust pays dividends. Last time was Tuesday 1st of October 2024 where the investors holding the stock on Tuesday 24th of September 2024 were paid $0.06409 per share. Over the last 5 times between 2023 and 2024, Direxion Shares ETF Trust has paid $0.34775 with an average of $0.07 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Direxion Shares ETF Trust 10 years ago, but if you had invested on Thursday 22nd of June 2023 when the price was $25.37, you would have made a profit of $11.36 per share or 44.78%
Yes, the average daily trading liquidity for Direxion Shares ETF Trust is $50 400 thousand. You should therefore be able to get in and out of your positions relatively fast.
Direxion Shares ETF Trust 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 Shares ETF Trust 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.