Notable companies
The most notable companies in this group are Uber Technologies (NYSE:UBER), Union Pacific Corp (NYSE:UNP), United Parcel Service (NYSE:UPS), FedEx Corp (NYSE:FDX), CSX Corp (NASDAQ:CSX), Norfolk Southern Corp (NYSE:NSC), Delta Air Lines (NYSE:DAL), United Airlines Holdings (NASDAQ:UAL), Southwest Airlines Co (NYSE:LUV), American Airlines Group (NASDAQ:AAL).
Industry description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of S&P Transportation Select Industry FMC Capped Index.
The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is designed to measure stocks in the S&P Total Market Index that are included in the GICS transportation sub-industry. The fund is non-diversified.
Market Cap
The average market capitalization across the Direxion Dly Transp Bull 3X Shrs ETF ETF is 22.37B. The market cap for tickers in the group ranges from 118.28M to 160.26B. UBER holds the highest valuation in this group at 160.26B. The lowest valued company is SAVE at 118.28M.
High and low price notable news
The average weekly price growth across all stocks in the Direxion Dly Transp Bull 3X Shrs ETF ETF was -1%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 21%. HTZ experienced the highest price growth at 29%, while SAVE experienced the biggest fall at -60%.
Volume
The average weekly volume growth across all stocks in the Direxion Dly Transp Bull 3X Shrs ETF ETF was 5%. For the same stocks of the ETF, the average monthly volume growth was -16% and the average quarterly volume growth was 45%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 70
P/E Growth Rating: 39
Price Growth Rating: 43
SMR Rating: 64
Profit Risk Rating: 58
Seasonality Score: 25 (-100 ... +100)