How much is a share of labd worth?
One share of LABD stock can currently be purchased for approximately $23.47. How much money does Direxion Daily S&P Biotech Bear 3x Shares make? Direxion Daily S&P Biotech Bear 3x Shares has a market capitalization of $37.93 million.
What drives stock prices?
Stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand at that point in time in the market. Fundamental factors drive stock prices based on a company's earnings and profitability from producing and selling goods and services.
What determines stock prices?
In an efficient market, stock prices would be determined primarily by fundamentals, which, at the basic level, refer to a combination of two things: An earnings base, such as earnings per share (EPS) A valuation multiple, such as a P/E ratio
What are the forces that move stock prices?
Forces That Move Stock Prices 1 Fundamental Factors. An owner of common stock has a claim on earnings, and earnings per share (EPS) is the owner's return on his or her investment. 2 Technical Factors. Things would be easier if only fundamental factors set stock prices. ... 3 News. ... 4 Market Sentiment. ... 5 The Bottom Line. ...
What is Labu based on?
The Direxion Daily S&P Biotech Bull 3X Fund (LABU) is an ETF that seeks to replicate 300% of the daily performance of its benchmark, the S&P Biotechnology Select Industry Index. The fund invests primarily in swap agreements and futures contracts that provide daily leveraged exposure to the benchmark index.
What does Labu ETF Track?
The LABU Exchange Traded Fund (ETF) is provided by Direxion. This ETF provides leveraged exposure (3x) to Equally Weighted US Biotechnology Equities. It is built to track an index: S&P Biotechnology Select Industry Index - USD.
Is LABD an ETF?
LABD ETF Report: Ratings, Analysis, Quotes, Holdings | ETF.com.
What stocks are in the Labu ETF?
Top 10 HoldingsDreyfus Government Secs Cash Mgmt Admin. 25.15%Goldman Finl Sq Trsry Inst 506. 14.33%S&P Biotechnology Select Industry Index Swap. 5.50%Goldman Sachs FS Government Instl. 6.47%Goldman Sachs FS Treasury Intms Instl. 4.14%United Therapeutics Corp. ... Halozyme Therapeutics Inc. ... Turning Point Therapeutics Inc.More items...
What are 3x Shares?
An ETF that is leveraged 3x seeks to return three times the return of the index or other benchmark that it tracks. A 3x S&P 500 index ETF, for instance, would return +3% if the S&P rose by 1%.
Will Soxl go up?
Momentum Indicator for SOXL turns negative, indicating new downward trend. SOXL saw its Momentum Indicator move below the 0 level on June 10, 2022. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options.
What does LABD track?
It is built to track an index: S&P Biotechnology Select Industry Index - USD. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index).
What companies are in Labu?
Top 10 HoldingsCompanySymbolTotal Net AssetsFinancial Square Government Fund FST SharesFGTXX5.59%Alkermes PLCALKS1.04%Vertex Pharmaceuticals Inc.VRTX1.01%Iovance Biotherapeutics Inc.IOVA1.01%6 more rows
Is Labu a buy?
Today LABU ranks #2204 as buy candidate.
What companies are in TECL?
Top 10 HoldingsCompanySymbolTotal Net AssetsMastercard Inc.MA2.04%NVIDIA Corp.NVDA2.04%Broadcom Inc.AVGO1.58%Adobe Inc.ADBE1.30%6 more rows
What holdings are in Tqqq?
Top 10 HoldingsCompanySymbolTotal Net AssetsApple Inc.AAPL10.15%Microsoft Corp.MSFT8.52%Amazon.com Inc.AMZN5.11%Tesla Inc.TSLA3.28%6 more rows
What companies are in Soxl?
Top 10 HoldingsCompanySymbolTotal Net AssetsBroadcom Inc.AVGO5.28%Advanced Micro Devices Inc.AMD4.42%NVIDIA Corp.NVDA4.10%Intel Corp.INTC3.72%6 more rows
How has Direxion Daily S&P Biotech Bear 3x Shares' stock performed in 2022?
Direxion Daily S&P Biotech Bear 3x Shares' stock was trading at $25.74 on January 1st, 2022. Since then, LABD stock has increased by 125.3% and is...
When did Direxion Daily S&P Biotech Bear 3x Shares' stock split? How did Direxion Daily S&P Biotech Bear 3x Shares' stock split work?
Direxion Daily S&P Biotech Bear 3x Shares's stock reverse split on Friday, August 28th 2020. The 1-20 reverse split was announced on Monday, July 2...
What other stocks do shareholders of Direxion Daily S&P Biotech Bear 3x Shares own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily S&P Biotech Bear 3x Shares investors own inc...
What is Direxion Daily S&P Biotech Bear 3x Shares' stock symbol?
Direxion Daily S&P Biotech Bear 3x Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "LABD."
Who are Direxion Daily S&P Biotech Bear 3x Shares' major shareholders?
Direxion Daily S&P Biotech Bear 3x Shares' stock is owned by many different retail and institutional investors. Top institutional shareholders incl...
Which major investors are selling Direxion Daily S&P Biotech Bear 3x Shares stock?
LABD stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Goldman Sachs Group Inc., Jane Stre...
Which major investors are buying Direxion Daily S&P Biotech Bear 3x Shares stock?
LABD stock was acquired by a variety of institutional investors in the last quarter, including Livingston Group Asset Management CO operating as So...
How do I buy shares of Direxion Daily S&P Biotech Bear 3x Shares?
Shares of LABD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...
What is Direxion Daily S&P Biotech Bear 3x Shares' stock price today?
One share of LABD stock can currently be purchased for approximately $58.00.
Component Grades
We have 5 different ratings for every ETF to help you appreciate its future potential. You can unlock it all now.
Direxion Daily S&P Biotech Bear 3X Shares (LABD) ETF Bio
The investment objective of the Direxion Daily S&P Biotech Bear 3X ETF seeks daily investment results of 300% of the inverse of the performance of the S&P Biotechnology Select Industry Index.
What drives stock prices?
Stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand at that point in time in the market. Fundamental factors drive stock prices based on a company's earnings and profitability from producing and selling goods and services. Technical factors relate to a stock's price history ...
Where are stock prices determined?
Stock prices are determined in the marketplace, where seller supply meets buyer demand. But have you ever wondered about what drives the stock market—that is, what factors affect a stock's price? Unfortunately, there is no clean equation that tells us exactly how a stock price will behave.
What is earnings base?
An earnings base, such as earnings per share (EPS) A valuation multiple, such as a P/E ratio. An owner of common stock has a claim on earnings, and earnings per share (EPS) is the owner's return on their investment. When you buy a stock, you are purchasing a proportional share of an entire future stream of earnings.
Why is low inflation bad for stocks?
2 Deflation, on the other hand, is generally bad for stocks because it signifies a loss in pricing power for companies.
Why do you buy stock with a valuation multiple?
That's the reason for the valuation multiple: It is the price you are willing to pay for the future stream of earnings. 1:26.
What is discount rate?
The discount rate, which is used to calculate the present value of the future stream of earnings. A higher growth rate will earn the stock a higher multiple, but a higher discount rate will earn a lower multiple. What determines the discount rate? First, it is a function of perceived risk.
Why do stocks move up?
Often a stock simply moves according to a short-term trend. On the one hand, a stock that is moving up can gather momentum, as "success breeds success" and popularity buoys the stock higher. On the other hand, a stock sometimes behaves the opposite way in a trend and does what is called reverting to the mean. Unfortunately, because trends cut both ways and are more obvious in hindsight, knowing that stocks are "trendy" does not help us predict the future.
What are the factors that affect real estate prices?
There are a number of factors that impact real estate prices, availability, and investment potential . Demographics provide information on the age, income, and regional preferences of actual or potential buyers, what percentage of buyers are retirees, and what percentage might buy a vacation or second home. Interest rates impact the price and demand ...
How can the government boost real estate demand?
Tax credits, deductions, and subsidies are some of the ways the government can temporarily boost demand for real estate for as long as they are in place. Being aware of current government incentives can help you determine changes in supply and demand and identify potentially false trends.
How do interest rates affect real estate?
Interest rates also have a major impact on the real estate markets. If you're considering buying a home with a mortgage it is beneficial to research interest rates using a mortgage calculator. Changes in interest rates can greatly influence a person's ability to purchase a residential property. That is because the lower interest rates go, the lower the cost to obtain a mortgage to buy a home will be, which creates a higher demand for real estate, which again pushes prices up.
What are indirect ways to invest in real estate?
Indirect ways to invest in the real estate market include investing in real estate investment trusts (REITs), real estate exchange-traded funds (ETFs), commingled real estate funds (CREFs) and infrastructure funds. Due to the higher liquidity available in the market, the lower transaction costs, and lower capital requirements, ...
What factors affect the value of real estate?
The Economy. Another key factor that affects the value of real estate is the overall health of the economy. This is generally measured by economic indicators such as the GDP, employment data, manufacturing activity, the prices of goods, etc. Broadly speaking, when the economy is sluggish, so is real estate.