Direxion Daily Market Risk Adjusted Performance
| MEXX Etf | | | USD 28.31 0.19 0.68% |
Direxion Daily market risk adjusted performance lookup summarizes this and related technical indicators for Direxion Daily MSCI. Coverage varies by data normalization and availability; see
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Correlation Analysis to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Direxion Daily MSCI within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in world development indicators.
Direxion Daily MSCI has current Market Risk Adjusted Performance of 0.1548.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1548 | |
| ER[a] | = | Expected return on investing in Direxion Daily |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Direxion Daily Market Risk Adjusted Performance Peers Comparison
Direxion Market Risk Adjusted Performance Relative To Other Indicators
Direxion Daily MSCI maintains a
fifth in Market Risk Adjusted Performance in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
184.13 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Direxion Daily MSCI is roughly
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