(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
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 |
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%.
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%.
Direxion Daily South Korea has no consensus analysts rating.
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% |