Direxion Etf Buy Hold or Sell Recommendation

FNGG
 Etf
  

USD 3.77  0.14  3.58%   

Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding Direxion Large Caps is 'Strong Sell'. Macroaxis provides Direxion Large buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FNGG positions. The advice algorithm takes into account all of Direxion Large's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Direxion Large's buy-and-hold perspective. Please check Direxion Large Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Direxion and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Direxion Large Caps.

Execute Direxion Large Buy or Sell Advice

The Direxion recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Direxion Large Caps. Macroaxis does not own or have any residual interests in Direxion Large Caps or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Direxion Large's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Direxion LargeBuy Direxion Large
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Direxion Large Caps has a Mean Deviation of 4.31, Standard Deviation of 5.65 and Variance of 31.98
We provide trade advice to complement the prevailing expert consensus on Direxion Large Caps. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the etf's potential to grow using all technical and fundamental data available at the time. Please confirm Direxion Large Caps one year return to decide if your Direxion Large Caps buy or sell deciscion is justified.

Direxion Large Trading Alerts and Improvement Suggestions

Direxion Large Caps generated a negative expected return over the last 90 days
Direxion Large Caps has high historical volatility and very poor performance
Direxion Large Caps has high likelihood to experience some financial distress in the next 2 years

Direxion Large Returns Distribution Density

The distribution of Direxion Large's historical returns is an attempt to chart the uncertainty of Direxion Large's future price movements. The chart of the probability distribution of Direxion Large stock daily returns describes the distribution of returns around its average expected value. We use Direxion Large Caps price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Direxion Large returns is essential to provide solid investment advice for Direxion Large.
Mean Return-0.46Value At Risk-9.37
Potential Upside8.06Standard Deviation5.65
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Direxion Large historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Direxion Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Direxion Large is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Direxion Large Caps backward and forwards among themselves. Direxion Large's institutional investor refers to the entity that pools money to purchase Direxion Large's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Wolverine Trading LlcCall Options23.4 K114 K
Wolverine Trading LlcFund Units13 K172 K
Cutler Group LlcPut Options5001000
Note, although Direxion Large's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Direxion Large Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Direxion Large or Direxion Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Direxion Large's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Direxion etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.47
β
Beta against DOW-0.16
σ
Overall volatility
5.61
Ir
Information ratio -0.09

Direxion Large Volatility Alert

Direxion Large Caps exhibits very low volatility with skewness of 0.83 and kurtosis of 2.14. However, we advise investors to further study Direxion Large Caps technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Direxion Large's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Direxion Large's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Direxion Large Fundamentals Vs Peers

Comparing Direxion Large's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Direxion Large's direct or indirect competition across all of the common fundamentals between Direxion Large and the related equities. This way, we can detect undervalued stocks with similar characteristics as Direxion Large or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Direxion Large's fundamental indicators could also be used in its relative valuation, which is a method of valuing Direxion Large by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Direxion Large to competition
FundamentalsDirexion LargePeer Average
One Year Return(83.75) %(0.97) %
Net Asset11.81 M2.29 B
Equity Positions Weight62.96 %52.82 %

Direxion Large Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Direxion . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Direxion Large Buy or Sell Advice

When is the right time to buy or sell Direxion Large Caps? Buying financial instruments such as Direxion Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Direxion Large in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Baby Boomer Prospects Thematic Idea Now

Baby Boomer Prospects
Baby Boomer Prospects Theme
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 92 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Baby Boomer Prospects Theme or any other thematic opportunities.
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Please check Direxion Large Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Direxion Large Caps information on this page should be used as a complementary analysis to other Direxion Large's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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The market value of Direxion Large Caps is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Large's value that differs from its market value or its book value, called intrinsic value, which is Direxion Large's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Large's market value can be influenced by many factors that don't directly affect Direxion Large's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Large's value and its price as these two are different measures arrived at by different means. Investors typically determine Direxion Large value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.