Direxion Daily Buy or Sell Recommendation

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 Mid Cap Bull 3X ETF -- USA Etf  

USD 45.81  1.63  3.69%

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'.
For the selected time horizon Direxion Daily Mid Cap Bull 3X ETF has a mean deviation of 2.91, semi deviation of 0.0, standard deviation of 4.15, variance of 17.26, downside variance of 0.0 and semi variance of 0.0
Direxion Daily buy, hold, or sell suggestion module can be used to check and cross-verify current buy, hold, or sell recommendation provided by analysts reviewing the etf potential to grow using all of fundamental, technical, data market data available at the time. Please use Direxion Daily Price to Book and Three Year Return to make buy, hold, or sell decision on Direxion Daily Mid.

Returns Distribution Density

Mean Return0.56Value At Risk10.09
Potential Upside3.69Standard Deviation4.15
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Traynor Capital Management IncFund Units27.8 K1.3 M
Susquehanna International Group LlpCall Options8.2 K381 K

Direxion Daily Greeks

α
Alpha over DOW
=0.71
β
Beta against DOW=0.6
σ
Overall volatility
=4.24
Ir
Information ratio =0.08

Direxion Daily Volatility Alert

Direxion Daily Mid Cap Bull 3X ETF exhibits very low volatility with skewness of -1.32 and kurtosis of 1.73. However, we advise investors to further study Direxion Daily Mid Cap Bull 3X ETF technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Direxion Daily to competition
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 Return46.86 % (1.25) %
Three Year Return25.61 % 2.26 %
Five Year Return40.04 % 0.20 %
Net Asset71.86 M888.73 M
Equity Positions Weight48.38 % 49.22 %
SellBuy
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.24
Market Risk Adjusted Performance0.9573
Mean Deviation2.91
Coefficient Of Variation739.56
Standard Deviation4.15
Variance17.26
Information Ratio0.083913
Jensen Alpha0.71
Total Risk Alpha0.05198
Treynor Ratio0.9473
Maximum Drawdown12.55
Value At Risk10.09
Potential Upside3.69
Skewness1.32
Kurtosis1.73