Direxion Etf Analysis


USD 3.59  0.51  12.44%   

The latest dip in stock price could raise concerns from shareholders as the entity is trading at a share price of 3.59 on 27,368 in volume. The fund administrators have failed to build on market volatilities in November. However, diversifying your overall positions with Direxion Daily Select may protect your principal portfolio during upcoming market swings. The etf standard deviation of daily returns for 90 days investing horizon is currently 5.77. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Direxion Daily constituents.
Please check Investing Opportunities.
The Direxion Daily etf analysis report makes it easy to digest most publicly released information about Direxion Daily and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Direxion Etf analysis module also helps to analyze the Direxion Daily price relationship with some important fundamental indicators such as market cap and management efficiency.

Direxion Etf Analysis Notes

Direxion Daily is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 29 constituents with avarage daily trading value of 0.0. The fund charges 0.75 percent management fee with total expences of 3.73 percent of total asset. The index is an equal-weighted index designed to include Facebook, Apple, Amazon, Netflix and Google and similar highly-traded growth stocks of technology and tech-enabled companies from the IT, communication services and consumer discretionary sectors. Direxion Large is traded on NYSEARCA Exchange in the United States. To learn more about Direxion Daily Select call the company at NA.

Sector Exposure (%)

Investment Allocations (%)

Direxion Daily Select Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Direxion Daily's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Direxion Daily Select or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Direxion Daily generated a negative expected return over the last 90 days
Direxion Daily has high historical volatility and very poor performance
Direxion Daily has high likelihood to experience some financial distress in the next 2 years

Management Efficiency

Direxion Daily management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 6th of December, Direxion Daily shows the mean deviation of 4.37, and Coefficient Of Variation of (1,794). Direxion Daily Select technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Direxion Daily Select, which can be compared to its rivals. Please confirm Direxion Daily Select treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Direxion Daily Select is priced favorably, providing market reflects its regular price of 3.59 per share.

Direxion Daily Select Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Direxion Daily Select price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.

Direxion Daily Predictive Daily Indicators

Direxion Daily intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Direxion Daily etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Direxion Daily Forecast Models

Direxion Daily time-series forecasting models is one of many Direxion Daily's etf analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Direxion Daily's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Direxion Etf Analysis

Etf analysis is the technique used by a trader or investor to examine and evaluate how Direxion Daily prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Direxion shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Etf such as Direxion Daily. By using and applying Direxion Etf analysis, traders can create a robust methodology for identifying Direxion entry and exit points for their positions.
The index is an equal-weighted index designed to include Facebook, Apple, Amazon, Netflix and Google and similar highly-traded growth stocks of technology and tech-enabled companies from the IT, communication services and consumer discretionary sectors. Direxion Large is traded on NYSEARCA Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Direxion Daily to your portfolios without increasing risk or reducing expected return.

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Please check Investing Opportunities. Note that the Direxion Daily Select information on this page should be used as a complementary analysis to other Direxion Daily'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Direxion Daily Select price analysis, check to measure Direxion Daily's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Direxion Daily is operating at the current time. Most of Direxion Daily's value examination focuses on studying past and present price action to predict the probability of Direxion Daily's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Direxion Daily's price. Additionally, you may evaluate how the addition of Direxion Daily to your portfolios can decrease your overall portfolio volatility.
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The market value of Direxion Daily Select 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily'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 Daily's market value can be influenced by many factors that don't directly affect Direxion Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine Direxion Daily value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily'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.