Is Direxion Daily 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 pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Tuesday 24th of March 2020 were paid $0.008 per share. Over the last 5 times between 2019 and 2020, Direxion Daily has paid $0.249 with an average of $0.05 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Direxion Daily 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $136.93, you would have made a loss of $-91.28 per share or -66.66%
We do not have enough data to give you this answer.
Direxion Daily 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 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.