Direxion Shares ETF Trust - Direxion Daily Magnificent 7 Bull 2X Shares
Direxion Shares ETF Trust - Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) Stock Overview
Explore Direxion Shares ETF Trust - Direxion Daily Magnificent 7 Bull 2X Shares’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
20.1M
P/E Ratio
N/A
EPS (TTM)
$1.13
ROE
0.00%
QQQU Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Direxion Shares ETF Trust - Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of F, 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 $62.81.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of N/A and a market capitalization of 20.1M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
The index is designed to track the performance of the seven largest NASDAQ listed companies, as identified by Indxx. The fund, under normal circumstances, 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, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. The fund is non-diversified.
2024