NUGT 📈 Direxion Daily Gold Miners - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460E8443 • Trading--Leveraged Equity
NUGT: Gold, Silver, Mining, Stocks
The index is comprised of publicly traded common stocks, ADRs or global depositary receipts of companies that operate globally in both developed and emerging markets, and are involved primarily in mining for gold and, to a lesser extent, in mining for silver. The fund invests at least 80% of its net assets in financial instruments, 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 NUGT ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NUGT ETF Overview
| Market Cap in USD | 562m |
| Category | Trading--Leveraged Equity |
| TER | 1.18% |
| IPO / Inception | 2010-12-08 |
NUGT ETF Ratings
| Growth 5y | -55.5% |
| Fundamental | - |
| Dividend | 1.99% |
| Rel. Strength Industry | 339 |
| Analysts | - |
| Fair Price Momentum | 28.00 USD |
| Fair Price DCF | - |
NUGT Dividends
| Dividend Yield 12m | 1.06% |
| Yield on Cost 5y | 0.27% |
| Annual Growth 5y | -11.88% |
| Payout Consistency | 28.6% |
NUGT Growth Ratios
| Growth Correlation 3m | -77.3% |
| Growth Correlation 12m | 78.2% |
| Growth Correlation 5y | -68.9% |
| CAGR 5y | -24.03% |
| CAGR/Mean DD 5y | -0.33 |
| Sharpe Ratio 12m | 0.27 |
| Alpha | -46.59 |
| Beta | 2.03 |
| Volatility | 70.81% |
| Current Volume | 2519.4k |
| Average Volume 20d | 1937.7k |
What is the price of NUGT stocks?
As of December 22, 2024, the stock is trading at USD 36.32 with a total of 2,519,400 shares traded.
Over the past week, the price has changed by -10.34%, over one month by -16.31%, over three months by -28.92% and over the past year by +6.76%.
As of December 22, 2024, the stock is trading at USD 36.32 with a total of 2,519,400 shares traded.
Over the past week, the price has changed by -10.34%, over one month by -16.31%, over three months by -28.92% and over the past year by +6.76%.
Is Direxion Daily Gold Miners a good stock to buy?
No, based on ValueRay Analyses, Direxion Daily Gold Miners (NYSE ARCA:NUGT) is currently (December 2024) a stock to sell. It has a ValueRay Growth Rating of -55.53 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NUGT as of December 2024 is 28.00. This means that NUGT is currently overvalued and has a potential downside of -22.91%.
No, based on ValueRay Analyses, Direxion Daily Gold Miners (NYSE ARCA:NUGT) is currently (December 2024) a stock to sell. It has a ValueRay Growth Rating of -55.53 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NUGT as of December 2024 is 28.00. This means that NUGT is currently overvalued and has a potential downside of -22.91%.
Is NUGT a buy, sell or hold?
Direxion Daily Gold Miners has no consensus analysts rating.
Direxion Daily Gold Miners has no consensus analysts rating.
What are the forecast for NUGT stock price target?
According to ValueRays Forecast Model, NUGT Direxion Daily Gold Miners will be worth about 32.1 in December 2025. The stock is currently trading at 36.32. This means that the stock has a potential downside of -11.51%.
According to ValueRays Forecast Model, NUGT Direxion Daily Gold Miners will be worth about 32.1 in December 2025. The stock is currently trading at 36.32. This means that the stock has a potential downside of -11.51%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 32.1 | -11.5% |