(EVAV) Direxion Daily Electric - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460G2527 • Trading--Leveraged Equity

EVAV: Electric Vehicles, Autonomous Cars, Technology Stocks

The Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) is a leveraged exchange-traded fund designed to provide twice the daily return of the electric and autonomous vehicles sector. The fund focuses on companies involved in electric vehicle manufacturing, autonomous driving technologies, and related infrastructure. It achieves its 2X leverage through the use of derivatives such as swap agreements and other financial instruments. The fund is non-diversified, meaning it can concentrate its investments in a smaller number of securities, which may increase risk. EVAV is listed on the NYSE Arca under the ticker symbol EVAV and is categorized as a trading--leveraged equity ETF.

Based on the provided data, the 3-month forecast for EVAV suggests potential volatility due to the sectors sensitivity to market conditions. The funds technical indicators show a last price of 20.27, with SMA20 at 21.62 and SMA50 at 23.31, indicating recent downward momentum. The SMA200 at 19.46 suggests longer-term support near current levels. The ATR of 1.80 signals moderate volatility. Fundamentally, the AUM of 4.96M USD indicates a smaller fund size, which may impact liquidity. The average 20-day volume of 7,750 shares further highlights limited trading activity. These factors collectively point to a challenging environment for EVAV, with possible resistance at higher SMAs and continued volatility driven by sector-specific and broader market trends.

Additional Sources for EVAV ETF

EVAV ETF Overview

Market Cap in USD 3m
Category Trading--Leveraged Equity
TER 0.98%
IPO / Inception 2022-08-10

EVAV ETF Ratings

Growth 5y -41.0%
Fundamental -
Dividend 38.8%
Rel. Strength Industry -21.5
Analysts -
Fair Price Momentum 12.40 USD
Fair Price DCF -

EVAV Dividends

Dividend Yield 12m 2.86%
Yield on Cost 5y 0.24%
Annual Growth 5y 22.02%
Payout Consistency 87.3%

EVAV Growth Ratios

Growth Correlation 3m -42.3%
Growth Correlation 12m 47.4%
Growth Correlation 5y -87.4%
CAGR 5y -61.91%
CAGR/Max DD 5y -0.65
Sharpe Ratio 12m -0.55
Alpha -36.91
Beta 3.02
Volatility 100.17%
Current Volume 3.5k
Average Volume 20d 7.6k
What is the price of EVAV stocks?
As of March 16, 2025, the stock is trading at USD 19.01 with a total of 3,465 shares traded.
Over the past week, the price has changed by -3.57%, over one month by -23.46%, over three months by -17.48% and over the past year by -13.06%.
Is Direxion Daily Electric a good stock to buy?
Probably not. Based on ValueRay Analyses, Direxion Daily Electric (NYSE ARCA:EVAV) is currently (March 2025) not a good stock to buy. It has a ValueRay Growth Rating of -41.01 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of EVAV as of March 2025 is 12.40. This means that EVAV is currently overvalued and has a potential downside of -34.77%.
Is EVAV a buy, sell or hold?
Direxion Daily Electric has no consensus analysts rating.
What are the forecast for EVAV stock price target?
According to ValueRays Forecast Model, EVAV Direxion Daily Electric will be worth about 14.9 in March 2026. The stock is currently trading at 19.01. This means that the stock has a potential downside of -21.73%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 14.9 -21.7%