ERX 📈 Direxion Daily Energy Bull - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460G6098 • Trading--Leveraged Equity
ERX: Oil, Gas, Fuels, Energy, Equipment, Services
The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund 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 ERX ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ERX ETF Overview
| Market Cap in USD | 283m |
| Category | Trading--Leveraged Equity |
| TER | 0.93% |
| IPO / Inception | 2008-11-06 |
ERX ETF Ratings
| Growth 5y | -18.8% |
| Fundamental | - |
| Dividend | 23.5% |
| Rel. Strength Industry | -120 |
| Analysts | - |
| Fair Price Momentum | 42.25 USD |
| Fair Price DCF | - |
ERX Dividends
| Dividend Yield 12m | 2.48% |
| Yield on Cost 5y | 0.85% |
| Annual Growth 5y | -8.03% |
| Payout Consistency | 41.0% |
ERX Growth Ratios
| Growth Correlation 3m | 8.3% |
| Growth Correlation 12m | 22.3% |
| Growth Correlation 5y | 66.9% |
| CAGR 5y | -19.20% |
| CAGR/Mean DD 5y | -0.27 |
| Sharpe Ratio 12m | -0.14 |
| Alpha | -58.82 |
| Beta | 2.22 |
| Volatility | 42.07% |
| Current Volume | 541.5k |
| Average Volume 20d | 392.1k |
What is the price of ERX stocks?
As of December 22, 2024, the stock is trading at USD 53.26 with a total of 541,501 shares traded.
Over the past week, the price has changed by -11.32%, over one month by -24.34%, over three months by -10.88% and over the past year by -5.52%.
As of December 22, 2024, the stock is trading at USD 53.26 with a total of 541,501 shares traded.
Over the past week, the price has changed by -11.32%, over one month by -24.34%, over three months by -10.88% and over the past year by -5.52%.
Is Direxion Daily Energy Bull a good stock to buy?
Neither. Based on ValueRay Analyses, Direxion Daily Energy Bull is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -18.80 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ERX as of December 2024 is 42.25. This means that ERX is currently overvalued and has a potential downside of -20.67%.
Neither. Based on ValueRay Analyses, Direxion Daily Energy Bull is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -18.80 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ERX as of December 2024 is 42.25. This means that ERX is currently overvalued and has a potential downside of -20.67%.
Is ERX a buy, sell or hold?
Direxion Daily Energy Bull has no consensus analysts rating.
Direxion Daily Energy Bull has no consensus analysts rating.
What are the forecast for ERX stock price target?
According to ValueRays Forecast Model, ERX Direxion Daily Energy Bull will be worth about 48.8 in December 2025. The stock is currently trading at 53.26. This means that the stock has a potential downside of -8.41%.
According to ValueRays Forecast Model, ERX Direxion Daily Energy Bull will be worth about 48.8 in December 2025. The stock is currently trading at 53.26. This means that the stock has a potential downside of -8.41%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 48.8 | -8.4% |