November 22, 2016 - By Richard Conner · 0 Comments
Nov 22 is a positive day so far for Direxion Daily India Bull 3X ETF (NYSEARCA:INDL) as the ETF is active during the day after gaining 1.02% to hit $41.5 per share. The exchange traded fund has 82.29M net assets and 3.23% volatility this month.
Over the course of the day 580 shares traded hands, as compared to an average volume of 28,800 over the last 30 days for Direxion Daily India Bull 3X ETF (NYSEARCA:INDL).
The ETF is -31.47% of its 52-Week High and 445.57% of its low, and is currently having ATR of 2.47. This year’s performance is 228.88% while this quarter’s performance is -26.59%.
The ETF’s YTD performance is 6.96%, the 1 year is -1.18% and the 3 year is 2.46%.
The ETF’s average P/E ratio is 17.25, the price to book is 2.58, the price to sales is 1.7 and the price to cashflow is 5.57. It was started on 03/11/2010. The fund’s top holdings are: PowerShares India ETF for 201.71% of assets, Ishares Msci India Etf for 64.30%, Wisdomtree Tr India Erngs for 13.68%, iShares MSCI India for 4.85%, WisdomTree India Earnings ETF for 2.92%, Fidelity Institutional Go for 0.00%, Goldman Finl Sq Trsry Ins for 0.00%. The ETF sector weights are: Basic Materials 11.13%, Consumer Cyclical 8.34%, Financial Services 18.40%, Realestate 0.01%, Consumer Defensive 5.89%, Healthcare 10.68%, Utilities 2.36%, Communication Services 3.39%, Energy 20.54%, Industrials 3.04%, Technology 16.22%. The ETF currently as yield.
More notable recent Direxion Daily India Bull 2X Shares (NYSEARCA:INDL) news were published by: Benzinga.com which released: “Indian Markets Open Lower; Sensex Down 100 Points” on November 18, 2016, also Benzinga.com with their article: “Indian Markets Edge Lower; Rupee Gains Versus Dollar” published on November 17, 2016, Benzinga.com published: “Indian Markets Open Higher; Sensex Up 150 Points” on November 16, 2016. More interesting news about Direxion Daily India Bull 2X Shares (NYSEARCA:INDL) were released by: Benzinga.com and their article: “Indian Markets Open Lower; BSE Sensex Down 350 Points” published on November 11, 2016 as well as Benzinga.com‘s news article titled: “Indian Markets Open Higher; Rupee Rises Versus Dollar” with publication date: November 22, 2016.
Direxion Daily India Bull 3x Shares, formerly Direxion Daily India Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. The company has a market cap of $82.29 million. The Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two Indian exchanges. It currently has negative earnings. The Index utilizes a measure called IndusCap, which takes into account restrictions on foreign ownership of Indian securities imposed by Indian regulators.
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By Richard Conner