(KORU) Direxion Daily South Korea - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25459Y5208 • Trading--Leveraged Equity

KORU: South Korean, Stocks, ETFs, Swaps

The Direxion Daily South Korea Bull 3X Shares (NYSE ARCA: KORU) is designed to provide 3X daily leveraged exposure to the large- and mid-cap segments of the South Korean equity market. The fund achieves this by investing at least 80% of its net assets in financial instruments such as swap agreements, securities of the index, and ETFs that track the index. The index it follows is designed to measure the performance of approximately 85% of the free float-adjusted market capitalization of South Korean issuers. This makes it a targeted tool for investors seeking amplified exposure to South Koreas equity market. The fund is non-diversified, meaning it can concentrate its holdings in a smaller number of securities, which may increase risk but also allows for more precise tracking of the underlying index.

From a technical standpoint, KORU has shown a recent price of $40.57 with a 20-day average volume of 226,735 shares. Its short-term SMA (20-day) stands at $44.41, while the medium-term SMA (50-day) is at $41.74, indicating recent price fluctuations below its averages. The long-term SMA (200-day) at $61.03 reflects a broader downtrend. The ATR of 1.90 suggests moderate volatility. Fundamentally, the fund manages assets of $101.42 million, indicating a stable investor base despite market conditions. Over the next three months, based on the current SMA trends and ATR, KORU is likely to experience continued volatility, with potential downside risk if the broader market trends remain bearish. However, any positive momentum in the underlying South Korean equities could amplify returns due to the funds 3X leverage.

Additional Sources for KORU ETF

KORU ETF Overview

Market Cap in USD 83m
Category Trading--Leveraged Equity
TER 1.34%
IPO / Inception 2013-04-10

KORU ETF Ratings

Growth 5y -61.4%
Fundamental -
Dividend 33.3%
Rel. Strength Industry -57.6
Analysts -
Fair Price Momentum 31.38 USD
Fair Price DCF -

KORU Dividends

Dividend Yield 12m 2.57%
Yield on Cost 5y 1.80%
Annual Growth 5y 114.66%
Payout Consistency 27.4%

KORU Growth Ratios

Growth Correlation 3m 47.5%
Growth Correlation 12m -88.7%
Growth Correlation 5y -71.6%
CAGR 5y -11.12%
CAGR/Max DD 5y -0.12
Sharpe Ratio 12m -0.79
Alpha -74.92
Beta 2.71
Volatility 78.70%
Current Volume 84.6k
Average Volume 20d 129.3k
What is the price of KORU stocks?
As of March 16, 2025, the stock is trading at USD 43.46 with a total of 84,610 shares traded.
Over the past week, the price has changed by +1.71%, over one month by -5.23%, over three months by +3.09% and over the past year by -53.10%.
Is Direxion Daily South Korea a good stock to buy?
No, based on ValueRay Analyses, Direxion Daily South Korea (NYSE ARCA:KORU) is currently (March 2025) a stock to sell. It has a ValueRay Growth Rating of -61.42 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of KORU as of March 2025 is 31.38. This means that KORU is currently overvalued and has a potential downside of -27.8%.
Is KORU a buy, sell or hold?
Direxion Daily South Korea has no consensus analysts rating.
What are the forecast for KORU stock price target?
According to ValueRays Forecast Model, KORU Direxion Daily South Korea will be worth about 37.7 in March 2026. The stock is currently trading at 43.46. This means that the stock has a potential downside of -13.37%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 37.7 -13.4%