CHAU 📈 Direxion Daily CSI 300 - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25490K8696 • Trading--Leveraged Equity
CHAU: Stocks, Swap Agreements, Securities, ETFs
The index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. ‣ Company URL: http://www.direxionfunds.com ‣ Domicile: United States
Additional Sources for CHAU ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CHAU ETF Overview
| Market Cap in USD | 354m |
| Category | Trading--Leveraged Equity |
| TER | 1.30% |
| IPO / Inception | 2015-04-16 |
CHAU ETF Ratings
| Growth 5y | -31.0% |
| Fundamental | - |
| Dividend | 43.2% |
| Rel. Strength Industry | -26.6 |
| Analysts | - |
| Fair Price Momentum | 13.59 USD |
| Fair Price DCF | - |
CHAU Dividends
| Dividend Yield 12m | 1.24% |
| Yield on Cost 5y | 0.88% |
| Annual Growth 5y | 31.71% |
| Payout Consistency | 63.9% |
CHAU Growth Ratios
| Growth Correlation 3m | -56.2% |
| Growth Correlation 12m | 44.9% |
| Growth Correlation 5y | -69.3% |
| CAGR 5y | -6.51% |
| CAGR/Mean DD 5y | -0.14 |
| Sharpe Ratio 12m | 0.48 |
| Alpha | -8.17 |
| Beta | 0.90 |
| Volatility | 62.44% |
| Current Volume | 437.5k |
| Average Volume 20d | 1125.6k |
What is the price of CHAU stocks?
As of December 22, 2024, the stock is trading at USD 15.01 with a total of 437,491 shares traded.
Over the past week, the price has changed by -0.66%, over one month by -4.46%, over three months by +24.69% and over the past year by +20.15%.
As of December 22, 2024, the stock is trading at USD 15.01 with a total of 437,491 shares traded.
Over the past week, the price has changed by -0.66%, over one month by -4.46%, over three months by +24.69% and over the past year by +20.15%.
Is Direxion Daily CSI 300 a good stock to buy?
Probably not. Based on ValueRay Analyses, Direxion Daily CSI 300 (NYSE ARCA:CHAU) is currently (December 2024) not a good stock to buy. It has a ValueRay Growth Rating of -30.98 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CHAU as of December 2024 is 13.59. This means that CHAU is currently overvalued and has a potential downside of -9.46%.
Probably not. Based on ValueRay Analyses, Direxion Daily CSI 300 (NYSE ARCA:CHAU) is currently (December 2024) not a good stock to buy. It has a ValueRay Growth Rating of -30.98 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CHAU as of December 2024 is 13.59. This means that CHAU is currently overvalued and has a potential downside of -9.46%.
Is CHAU a buy, sell or hold?
Direxion Daily CSI 300 has no consensus analysts rating.
Direxion Daily CSI 300 has no consensus analysts rating.
What are the forecast for CHAU stock price target?
According to ValueRays Forecast Model, CHAU Direxion Daily CSI 300 will be worth about 15.1 in December 2025. The stock is currently trading at 15.01. This means that the stock has a potential upside of +0.4%.
According to ValueRays Forecast Model, CHAU Direxion Daily CSI 300 will be worth about 15.1 in December 2025. The stock is currently trading at 15.01. This means that the stock has a potential upside of +0.4%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 15.1 | 0.4% |