CWEB 📈 Direxion Daily CSI China - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460G1875 • Trading--Leveraged Equity
CWEB: Internet, Technology, China, Stocks, ETFs, Swaps
The index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (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 CWEB ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CWEB ETF Overview
| Market Cap in USD | 319m |
| Category | Trading--Leveraged Equity |
| TER | 1.28% |
| IPO / Inception | 2016-11-02 |
CWEB ETF Ratings
| Growth 5y | -73.2% |
| Fundamental | - |
| Dividend | 3.15% |
| Rel. Strength Industry | -52.9 |
| Analysts | - |
| Fair Price Momentum | 23.95 USD |
| Fair Price DCF | - |
CWEB Dividends
| Dividend Yield 12m | 1.10% |
| Yield on Cost 5y | 0.14% |
| Annual Growth 5y | -13.39% |
| Payout Consistency | 34.5% |
CWEB Growth Ratios
| Growth Correlation 3m | -66.5% |
| Growth Correlation 12m | 47.2% |
| Growth Correlation 5y | -88.2% |
| CAGR 5y | -33.81% |
| CAGR/Mean DD 5y | -0.48 |
| Sharpe Ratio 12m | 0.51 |
| Alpha | -22.63 |
| Beta | 1.55 |
| Volatility | 93.49% |
| Current Volume | 211.1k |
| Average Volume 20d | 529.8k |
What is the price of CWEB stocks?
As of December 22, 2024, the stock is trading at USD 34.69 with a total of 211,120 shares traded.
Over the past week, the price has changed by -5.01%, over one month by -3.83%, over three months by +21.18% and over the past year by +12.92%.
As of December 22, 2024, the stock is trading at USD 34.69 with a total of 211,120 shares traded.
Over the past week, the price has changed by -5.01%, over one month by -3.83%, over three months by +21.18% and over the past year by +12.92%.
Is Direxion Daily CSI China a good stock to buy?
No, based on ValueRay Analyses, Direxion Daily CSI China (NYSE ARCA:CWEB) is currently (December 2024) a stock to sell. It has a ValueRay Growth Rating of -73.15 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 December 2024 is 23.95. This means that CWEB is currently overvalued and has a potential downside of -30.96%.
No, based on ValueRay Analyses, Direxion Daily CSI China (NYSE ARCA:CWEB) is currently (December 2024) a stock to sell. It has a ValueRay Growth Rating of -73.15 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 December 2024 is 23.95. This means that CWEB is currently overvalued and has a potential downside of -30.96%.
Is CWEB a buy, sell or hold?
Direxion Daily CSI China has no consensus analysts rating.
Direxion Daily CSI China has no consensus analysts rating.
What are the forecast for CWEB stock price target?
According to ValueRays Forecast Model, CWEB Direxion Daily CSI China will be worth about 27.1 in December 2025. The stock is currently trading at 34.69. This means that the stock has a potential downside of -21.88%.
According to ValueRays Forecast Model, CWEB Direxion Daily CSI China will be worth about 27.1 in December 2025. The stock is currently trading at 34.69. This means that the stock has a potential downside of -21.88%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 27.1 | -21.9% |