FAS 📈 Direxion Daily Financial - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25459Y6941 • Trading--Leveraged Equity
FAS: Banks, Thrifts, Financial Services, Insurance, REITs, Capital Markets
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 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; Capital Markets; Insurance; and Mortgage REITs. It is non-diversified. ‣ Company URL: http://www.direxionfunds.com ‣ Domicile: United States
Additional Sources for FAS ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
FAS ETF Overview
| Market Cap in USD | 2,800m |
| Category | Trading--Leveraged Equity |
| TER | 0.94% |
| IPO / Inception | 2008-11-06 |
FAS ETF Ratings
| Growth 5y | 46.1% |
| Fundamental | - |
| Dividend | 42.6% |
| Rel. Strength Industry | 245 |
| Analysts | - |
| Fair Price Momentum | 155.18 USD |
| Fair Price DCF | - |
FAS Dividends
| Dividend Yield 12m | 0.63% |
| Yield on Cost 5y | 1.08% |
| Annual Growth 5y | 20.20% |
| Payout Consistency | 48.0% |
FAS Growth Ratios
| Growth Correlation 3m | 76.8% |
| Growth Correlation 12m | 92.9% |
| Growth Correlation 5y | 39.2% |
| CAGR 5y | 11.52% |
| CAGR/Mean DD 5y | 0.31 |
| Sharpe Ratio 12m | 1.63 |
| Alpha | 16.87 |
| Beta | 3.14 |
| Volatility | 70.87% |
| Current Volume | 952k |
| Average Volume 20d | 550.7k |
What is the price of FAS stocks?
As of December 22, 2024, the stock is trading at USD 151.27 with a total of 952,000 shares traded.
Over the past week, the price has changed by -6.38%, over one month by -7.80%, over three months by +15.51% and over the past year by +94.67%.
As of December 22, 2024, the stock is trading at USD 151.27 with a total of 952,000 shares traded.
Over the past week, the price has changed by -6.38%, over one month by -7.80%, over three months by +15.51% and over the past year by +94.67%.
Is Direxion Daily Financial a good stock to buy?
Partly, yes. Based on ValueRay Analyses, Direxion Daily Financial (NYSE ARCA:FAS) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 46.05 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FAS as of December 2024 is 155.18. This means that FAS is currently overvalued and has a potential downside of 2.58%.
Partly, yes. Based on ValueRay Analyses, Direxion Daily Financial (NYSE ARCA:FAS) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 46.05 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FAS as of December 2024 is 155.18. This means that FAS is currently overvalued and has a potential downside of 2.58%.
Is FAS a buy, sell or hold?
Direxion Daily Financial has no consensus analysts rating.
Direxion Daily Financial has no consensus analysts rating.
What are the forecast for FAS stock price target?
According to ValueRays Forecast Model, FAS Direxion Daily Financial will be worth about 184.2 in December 2025. The stock is currently trading at 151.27. This means that the stock has a potential upside of +21.74%.
According to ValueRays Forecast Model, FAS Direxion Daily Financial will be worth about 184.2 in December 2025. The stock is currently trading at 151.27. This means that the stock has a potential upside of +21.74%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 184.2 | 21.7% |