Direxion Daily Buy Hold or Sell Recommendation

MIDU -- USA Etf  

USD 54.41  0.80  1.49%

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 Sell'. Macroaxis provides Direxion Daily buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MIDU positions. The advice algorithm takes into account all of Direxion Daily Mid available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from MIDU buy-and-hold prospective. Please see also Direxion Daily Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Direxion DailyBuy Direxion Daily
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Direxion Daily Mid Cap Bull 3X ETF has a mean deviation of 0.9262, semi deviation of 1.14, standard deviation of 1.23, variance of 1.51, downside variance of 2.12 and semi variance of 1.3
Macroaxis buy, hold, or sell suggestion module provides unbiased buy, hold, or sell recommendation that can be used to complement current average analyst sentiment on Direxion Daily Mid Cap Bull 3X ETF. Our buy, hold, or sell suggestion engine ##verb4## current market data to analyse the entity potential to grow from the prospective of investors risk tolerance and investing 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

Direxion Daily Returns Distribution Density

Mean Return0.17Value At Risk1.62
Potential Upside1.64Standard Deviation1.23
 Return Density 
      Distribution 

Direxion Daily Greeks

α
Alpha over DOW
=0.24
β
Beta against DOW=0.83
σ
Overall volatility
=1.12
Ir
Information ratio =0.06

Direxion Daily Volatility Alert

Direxion Daily Mid Cap Bull 3X ETF has relatively low volatility with skewness of -0.59 and kurtosis of 0.94. 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 Return33.21 % (1.25) %
Three Year Return23.40 % 2.26 %
Five Year Return31.20 % 0.20 %
Net Asset76.57 M888.73 M
Equity Positions Weight60.51 % 49.22 %

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Please see also Direxion Daily Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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