Direxion Daily Cloud Computing Bear 2X Shares

Ticker

CLDS

ISIN

US25460G633

Price

USD 38.51

Change Today

-

Price 1 year ago

18.60 / 107.066 %

Morningstar

5

52 Week Low

14.79

52 Week High

43.94

200 Day Moving Average 30.53

30.53

50-day Moving Average

31.51


Price evolution


Yearly returns


Peers comparison

Risk factors

1 year

Parameter Value
Sharpe Ratio 0.00
Sortino Ratio NaN
Maximum Drawdown 0.0%
Maximum Drawdown Date 2023-05-19
Calmar Ratio None

1 year

Parameter Value
Return 0.00
Volatility 0.0%
Alpha None
Beta None
R Squared None

History

Parameter Value
Average Annual Return 50.353%
Average Annual Volatility 70.27%
Sharpe Ratio 0.72
Sortino Ratio 1.15
Maximum Drawdown -49.0%
Maximum Drawdown Date 2021-11-09
Calmar Ratio -1.02

Company information

Summary

The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Market

US

Category

US Large-Cap Blend Equity

Expense Ratio

0.99%

Fund family

Direxion Funds

Morningstar

5

Yield
-
Exchange
PCX
Sector Weight
Realestate 0.00%
Consumer cyclical 0.00%
Basic materials 0.00%
Consumer defensive 0.00%
Technology 0.00%
Communication services 0.00%
Financial services 0.00%
Utilities 0.00%
Industrials 0.00%
Energy 0.00%
Healthcare 0.00%
None

Holdings

Symbol Name Allocation
FTIXX Goldman Sachs FS Treasury Intms Instl 62.12%
Future on Indxx USA Cloud Computing USD 17.93%
FGTXX Goldman Sachs FS Government Instl 3.16%

Alternative funds

Ticker Name Isin Exchange Expenses Morningstar Alpha Beta
CLDS Direxion Daily Cloud Computing Bear 2X Shares US25460G633 PCX 0.99% 5
RUSL Direxion Daily Russia Bull 2X Shares US25460E828 PCX 1.26% 3 +0.50

Sustainability scores

Events

Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.