Direxion Daily Oil Services Bull 2X Shares
Direxion Daily Oil Services Bull 2X Shares (ONG) Stock Overview
Explore Direxion Daily Oil Services Bull 2X Shares’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
8.7M
P/E Ratio
N/A
EPS (TTM)
$1.49
ROE
0.00%
ONG Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Direxion Daily Oil Services Bull 2X Shares (ONG) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $40.25.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of N/A and a market capitalization of 8.7M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
The index includes companies that have common stocks ordepositary receipts listed on a U.S. stock exchange and that provide services to the oil industry. 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. It is non-diversified.
DE
2022