Direxion Daily Buy Hold or Sell Recommendation

MIDU -- USA Etf  

USD 50.00  1.61  3.12%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Direxion Daily Mid Cap Bull 3X ETF is 'Strong Hold'. Macroaxis provides Direxion Daily Mid Cap Bull 3X ETF buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Direxion Daily positions. The advice algorithm takes into account all of Direxion Daily Mid Cap Bull 3X ETF available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Direxion Daily buy-and-hold prospective. Please see also Direxion Daily Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

Direxion Daily Current Recommendation

SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon Direxion Daily Mid Cap Bull 3X ETF has a risk adjusted performance of 0.01, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.1839 and treynor ratio of 0.0
Macroaxis buy, hold, or sell recommendation tool can be used to complement Direxion Daily buy or sell advice provided by experts. It analyzes the etf potential to grow against your specific risk preferences and investment horizon. Please use Direxion Daily Price to Book and Three Year Return to make buy, hold, or sell decision on Direxion Daily Mid.

Direxion Daily Thematic Classifications

Macroaxis Index IdeaMacroaxis Index
Macroaxis power theme of selected equities with solid fundamentals

Returns Distribution Density

Mean Return0.33Value At Risk2.07
Potential Upside2.90Standard Deviation1.75
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Jane Street Group LlcFund Units34.6 K1.5 M
Jane Street Group LlcCall Options6.8 K298 K

Direxion Daily Greeks

α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.84
Ir
Information ratio =0.19

Direxion Daily Volatility Alert

Direxion Daily Mid Cap Bull 3X ETF has relatively low volatility with skewness of 0.28 and kurtosis of 0.88. However, we advise all investors to independently investigate Direxion Daily Mid Cap Bull 3X ETF to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare Direxion Daily to competition

Direxion Daily Fundamental Vs Peers

FundamentalsDirexion DailyPeer Average
Price to Earning20.76 times8.24 times
Price to Book2.25 times0.97 times
Price to Sales1.26 times0.72 times
One Year Return20.81 % (1.25) %
Three Year Return18.87 % 2.26 %
Five Year Return27.84 % 0.20 %
Net Asset73.27 M888.73 M
Equity Positions Weight67.99 % 49.22 %

Direxion Daily Market Momentum

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Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. Sports theme has 25 constituents.
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Please see also Direxion Daily Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try CEO Directory module to screen ceos from public companies around the world.