(CWEB) Direxion Daily CSI China - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460G1875 • Trading--Leveraged Equity
CWEB: Internet, Technology, China, Stocks, ETFs, Swaps
The Direxion Daily CSI China Internet Bull 2X Shares (CWEB) is a leveraged exchange-traded fund (ETF) designed to provide 2X daily returns of the CSI China Internet Index. This index tracks the performance of publicly traded China-based companies primarily engaged in the Internet and related sectors, including e-commerce, social media, online entertainment, and cloud services. The fund achieves its leveraged exposure through investments in swap agreements, securities of the underlying index, and other ETFs tracking the same index. It is non-diversified, meaning it can concentrate its holdings in a smaller number of securities, which may increase volatility. The fund is listed on the NYSE ARCA under the ticker symbol CWEB and is categorized as a leveraged equity ETF. Additional information is available at http://www.direxionfunds.com.
Based on the provided data, CWEBs technical indicators suggest a bullish trend in the near term. The SMA 20 (41.55) is above the SMA 50 (36.05), indicating upward momentum. However, the SMA 200 (34.22) remains below the shorter-term moving averages, signaling potential long-term support. The ATR of 2.16 reflects moderate volatility. Fundamentally, the AUM of $433.08 million indicates significant investor interest and liquidity. Over the next three months, if the bullish momentum persists, CWEB could see further upside, potentially testing resistance levels above its current price of 43.63. However, leveraged ETFs like CWEB carry inherent risks, including daily rebalancing and potential declines in periods of market instability. Investors should monitor the underlying indexs performance and broader market conditions closely.
Additional Sources for CWEB ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CWEB ETF Overview
Market Cap in USD | 399m |
Category | Trading--Leveraged Equity |
TER | 1.28% |
IPO / Inception | 2016-11-02 |
CWEB ETF Ratings
Growth 5y | -57.0% |
Fundamental | - |
Dividend | 41.8% |
Rel. Strength Industry | 49 |
Analysts | - |
Fair Price Momentum | 40.70 USD |
Fair Price DCF | - |
CWEB Dividends
Dividend Yield 12m | 3.04% |
Yield on Cost 5y | 0.72% |
Annual Growth 5y | 29.25% |
Payout Consistency | 41.8% |
CWEB Growth Ratios
Growth Correlation 3m | 79.3% |
Growth Correlation 12m | 42.8% |
Growth Correlation 5y | -86.9% |
CAGR 5y | -22.55% |
CAGR/Max DD 5y | -0.23 |
Sharpe Ratio 12m | 0.12 |
Alpha | 50.49 |
Beta | 1.57 |
Volatility | 91.10% |
Current Volume | 617.1k |
Average Volume 20d | 948.9k |
As of March 15, 2025, the stock is trading at USD 48.27 with a total of 617,092 shares traded.
Over the past week, the price has changed by -1.67%, over one month by +4.39%, over three months by +43.97% and over the past year by +64.91%.
No, based on ValueRay Analyses, Direxion Daily CSI China (NYSE ARCA:CWEB) is currently (March 2025) a stock to sell. It has a ValueRay Growth Rating of -57.04 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CWEB as of March 2025 is 40.70. This means that CWEB is currently overvalued and has a potential downside of -15.68%.
Direxion Daily CSI China has no consensus analysts rating.
According to ValueRays Forecast Model, CWEB Direxion Daily CSI China will be worth about 47.9 in March 2026. The stock is currently trading at 48.27. This means that the stock has a potential downside of -0.81%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 47.9 | -0.8% |