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FAZ

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    4.3438$
  • Previous Close
    4.3438$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FAZ.US refers to the Direxion Daily Financial Bear 3X Shares ETF. This ETF is designed to provide a leveraged, inverse (opposite) return to the daily performance of the Russell 1000 Financial Services Index. Specifically, it aims to deliver three times (3x) the inverse (opposite) of the daily percentage change of that index. This means that if the Russell 1000 Financial Services Index decreases in value, FAZ.US is designed to increase in value by approximately three times that percentage. Conversely, if the index increases, FAZ.US is expected to decrease by approximately three times that percentage. Due to the leverage and the daily reset, FAZ.US is a high-risk investment and is primarily intended for short-term trading strategies. Its performance over periods longer than one day can deviate significantly from the stated multiple of the index's performance.
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Factors

Financial Sector Performance: FAZ's value is directly linked to the performance of financial companies. Strong performance drives FAZ up, weak performance pulls it down.

Interest Rate Changes: Rising interest rates generally benefit financial institutions, potentially increasing FAZ's value. Falling rates may have the opposite effect.

Market Sentiment: Overall market optimism or pessimism about the financial sector significantly influences FAZ. Positive sentiment boosts FAZ; negative sentiment decreases it.

Leverage: FAZ is a 3x leveraged ETF, meaning its price changes are magnified compared to the underlying index. This amplifies both gains and losses.

Economic Indicators: Factors like GDP growth, inflation, and unemployment rates influence the financial sector's health, impacting FAZ's price accordingly.

Geopolitical Events: Major global events can create market uncertainty, affecting financial institutions and subsequently FAZ's value.

Regulatory Changes: New regulations impacting the financial industry can affect profitability and stability, leading to price fluctuations in FAZ.

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