Direxion Daily Retail Bull 3x Shares chart

Last update: 2022-12-30
Key statistics and financials
Three year average return 44.70%
YTD return -10.29%
Beta 3Y 4.22
Total Assets 144.65M
Annual report expense ratio 1.00%

Company description

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 and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the GICS retail sub-industry. The fund is non-diversified.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to Direxion Daily Retail Bull 3x Shares:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Direxion Daily Retail Bull 3x Shares. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Direxion Daily Retail Bull 3x Shares

Here is the result of two systematic investment strategies applied to Direxion Daily Retail Bull 3x Shares. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Direxion Daily Retail Bull 3x Shares

The following chart shows the equity curve of the two systematic investment strategies applied to Direxion Daily Retail Bull 3x Shares:

Direxion Daily Retail Bull 3x Shares automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 42.29% on the backtest period.

Performance at glance

Performance

42.29 %

Latent gain

811.32 $

Invested capital

1918.68 $

Annualized return

10.21 %
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Momentum strategy results on Direxion Daily Retail Bull 3x Shares

This is the result of two momentum investment strategies applied to Direxion Daily Retail Bull 3x Shares. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Direxion Daily Retail Bull 3x Shares

The following chart shows all the entries opened by the momentum investment system on Direxion Daily Retail Bull 3x Shares:

Direxion Daily Retail Bull 3x Shares momentum entries
  • The first momentum investment strategy would give 81.32% of return on Direxion Daily Retail Bull 3x Shares. That represents 4110.51$ of latent gain with 5054.49$ of employed capital.
  • The second momentum investment strategy would give 70.05% of return on Direxion Daily Retail Bull 3x Shares. That represents 1767.16$ of latent gain with 2522.84$ of employed capital.
Performance at glance (1Q Momentum)

Performance

81.32 %

Latent gain

4110.51 $

Invested capital

5054.49 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

70.05 %

Latent gain

1767.16 $

Invested capital

2522.84 $

Annualized return

19.14 %

Momentum equity curve on Direxion Daily Retail Bull 3x Shares

The following chart shows the equity curve of the two momentum strategies applied to Direxion Daily Retail Bull 3x Shares:

Direxion Daily Retail Bull 3x Shares momentum equity

Note: the dividends potentially given by Direxion Daily Retail Bull 3x Shares are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Direxion Daily Retail Bull 3x Shares

The following chart shows the employed capital evolution of the two momentum strategies on Direxion Daily Retail Bull 3x Shares since the beginning:

Direxion Daily Retail Bull 3x Shares

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Direxion Daily Retail Bull 3x Shares

Buy the dip entry openings on Direxion Daily Retail Bull 3x Shares

Direxion Daily Retail Bull 3x Shares

The performance achieved by the robo-advisor on Direxion Daily Retail Bull 3x Shares is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Direxion Daily Retail Bull 3x Shares stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Direxion Daily Retail Bull 3x Shares, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Direxion Daily Retail Bull 3x Shares

The following chart shows the result of the investment strategy applied to Direxion Daily Retail Bull 3x Shares:

Direxion Daily Retail Bull 3x Shares

Note: the dividends potentially given by Direxion Daily Retail Bull 3x Shares are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Direxion Daily Retail Bull 3x Shares

The following chart shows the employed capital evolution since the beginning of the investment strategy on Direxion Daily Retail Bull 3x Shares:

Direxion Daily Retail Bull 3x Shares

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Direxion Daily Retail Bull 3x Shares

In this section, I will compare the three previous investment strategies applied to Direxion Daily Retail Bull 3x Shares.

Equity curve comparison on Direxion Daily Retail Bull 3x Shares

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Direxion Daily Retail Bull 3x Shares investment strategy comparison

Employed capital comparison on Direxion Daily Retail Bull 3x Shares

Direxion Daily Retail Bull 3x Shares investment comparison

Performance comparison on Direxion Daily Retail Bull 3x Shares

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 42.29% 811.32$ 1918.68$ 10.21%
Momentum 1 quarter 81.32% 4110.51$ 5054.49$ 20.85%
Momentum 2 quarters 70.05% 1767.16$ 2522.84$ 19.14%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

10.21 %

Momentum 1Q

19.14 %

Momentum 2Q

19.14 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Direxion Daily Retail Bull 3x Shares:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • Impac Mortgage Holdings Inc

  • Note: The algorithm computes the probability of correlation between Direxion Daily Retail Bull 3x Shares and the other stocks. There may be false positives or some missing correlated stocks. If the price of Direxion Daily Retail Bull 3x Shares does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Direxion Daily Retail Bull 3x Shares
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker RETL
    Market

    Direxion Daily Retail Bull 3x Shares ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown