Direxion Low Competition

LOPX -  USA Etf  

USD 7.66  0.32  4.01%

Direxion Low Priced competes with Micro-Cap Ishares; as well as few others. Analyzing Direxion Low competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Direxion Low to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Direxion Low competition on your existing holdings. Additionally, see Direxion Low Correlation with its peers.

Direxion Competition 

 
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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Direxion Low's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Direxion Low in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
6.117.989.85
Details
Intrinsic
Valuation
LowReal ValueHigh
6.338.2010.07
Details
Naive
Forecast
LowNext ValueHigh
5.707.579.45
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.899.1510.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Direxion Low. Your research has to be compared to or analyzed against Direxion Low's peers to derive any actionable benefits. When done correctly, Direxion Low's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Direxion Low Priced.

Direxion Low Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Direxion Low and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Direxion and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Direxion Low Priced does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Direxion Low Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Direxion Low stock performing well and Direxion Low ETF doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Direxion Low's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR
 1.93 (0.55)  0.00 (0.46)  0.00 (0.22)  0.00  3.00 (4.47)  15.15 
MSFT
 0.89  0.16  0.14  0.16  1.06  0.13 (1.00)  2.17 (1.86)  6.65 
UBER
 2.32  0.06  0.01  0.00  2.62  0.0107 (2.48)  5.02 (3.71)  16.70 
F
 1.86  0.71  0.42  0.57  1.26  0.29 (2.49)  5.12 (2.47)  12.55 
T
 0.95 (0.20)  0.00 (0.25)  0.00 (0.16)  0.00  1.65 (2.31)  6.80 
A
 1.07 (0.20)  0.00 (0.34)  0.00 (0.13)  0.00  1.58 (2.90)  7.81 
CRM
 1.34  0.05  0.01 (0.01)  2.63  0.0133 (1.23)  2.80 (2.65)  18.95 
JPM
 0.99  0.07  0.05  0.02  1.14  0.0435 (1.24)  2.13 (2.10)  6.39 
MRK
 1.34  0.00  0.00 (0.03)  0.00  0.0081  0.00  2.41 (2.83)  18.24 
XOM
 1.37  0.25  0.14  0.15  1.56  0.14 (1.50)  2.96 (2.66)  8.21 

Direxion Low Competitive Analysis

The better you understand Direxion Low competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Direxion Low's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Direxion Low's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart

Direxion Low Competition Performance Charts

Complement your Direxion Low position

In addition to having Direxion Low 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.

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Business Services
Business Services Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Business Services theme has 61 constituents.
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Additionally, see Direxion Low Correlation with its peers. Note that the Direxion Low Priced information on this page should be used as a complementary analysis to other Direxion Low'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Direxion Etf analysis

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