TNA 📈 Direxion Daily Small Cap - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25459W8477 • Trading--Leveraged Equity
TNA: Small Cap Stocks, Swap Agreements, ETFs
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (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 measures the performance of approximately 2,000 small-capitalization companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified. ‣ Company URL: http://www.direxionfunds.com ‣ Domicile: United States
Additional Sources for TNA ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
TNA ETF Overview
| Market Cap in USD | 2,433m |
| Category | Trading--Leveraged Equity |
| TER | 1.08% |
| IPO / Inception | 2008-11-05 |
TNA ETF Ratings
| Growth 5y | -18.6% |
| Fundamental | - |
| Dividend | 32.5% |
| Rel. Strength Industry | -43.4 |
| Analysts | - |
| Fair Price Momentum | 35.78 USD |
| Fair Price DCF | - |
TNA Dividends
| Dividend Yield 12m | 0.49% |
| Yield on Cost 5y | 0.30% |
| Annual Growth 5y | 9.59% |
| Payout Consistency | 38.1% |
TNA Growth Ratios
| Growth Correlation 3m | 57% |
| Growth Correlation 12m | 70.6% |
| Growth Correlation 5y | -17.8% |
| CAGR 5y | -9.60% |
| CAGR/Mean DD 5y | -0.19 |
| Sharpe Ratio 12m | 0.36 |
| Alpha | -70.77 |
| Beta | 3.45 |
| Volatility | 85.79% |
| Current Volume | 19623.3k |
| Average Volume 20d | 13192.2k |
What is the price of TNA stocks?
As of December 22, 2024, the stock is trading at USD 42.88 with a total of 19,623,310 shares traded.
Over the past week, the price has changed by -17.79%, over one month by -14.44%, over three months by -9.21% and over the past year by +6.29%.
As of December 22, 2024, the stock is trading at USD 42.88 with a total of 19,623,310 shares traded.
Over the past week, the price has changed by -17.79%, over one month by -14.44%, over three months by -9.21% and over the past year by +6.29%.
Is Direxion Daily Small Cap a good stock to buy?
Neither. Based on ValueRay Analyses, Direxion Daily Small Cap is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -18.59 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TNA as of December 2024 is 35.78. This means that TNA is currently overvalued and has a potential downside of -16.56%.
Neither. Based on ValueRay Analyses, Direxion Daily Small Cap is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -18.59 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TNA as of December 2024 is 35.78. This means that TNA is currently overvalued and has a potential downside of -16.56%.
Is TNA a buy, sell or hold?
Direxion Daily Small Cap has no consensus analysts rating.
Direxion Daily Small Cap has no consensus analysts rating.
What are the forecast for TNA stock price target?
According to ValueRays Forecast Model, TNA Direxion Daily Small Cap will be worth about 42.9 in December 2025. The stock is currently trading at 42.88. This means that the stock has a potential downside of -0.07%.
According to ValueRays Forecast Model, TNA Direxion Daily Small Cap will be worth about 42.9 in December 2025. The stock is currently trading at 42.88. This means that the stock has a potential downside of -0.07%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 42.9 | -0.1% |