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

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
Direxion Daily Mid Cap Bull 3X ETF -- USA Etf  

USD 44.58  0.09  0.2%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Direxion Daily Mid Cap Bull 3X ETF is 'Cautious Hold'.
For the selected time horizon Direxion Daily Mid Cap Bull 3X ETF has a mean deviation of 1.11, semi deviation of 1.24, standard deviation of 1.36, variance of 1.84, downside variance of 2.0 and semi variance of 1.54
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 Return0.21Value At Risk1.9
Potential Upside1.87Standard Deviation1.36
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Traynor Capital Management IncFund Units23.8 K957 K
Susquehanna International Group LlpCall Options7.4 K299 K

Direxion Daily Greeks

α
Alpha over DOW
=0.26
βBeta against DOW=1.18
σ
Overall volatility
=1.36
 IrInformation ratio =0.11

Direxion Daily Volatility Alert

Direxion Daily Mid Cap Bull 3X ETF has relatively low volatility with skewness of -0.1 and kurtosis of -0.64. 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
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 Return74.96 % (1.25) %
Three Year Return24.18 % 2.26 %
Five Year Return40.21 % 0.2 %
Net Asset62.24 M888.73 M
Equity Positions Weight46.35 % 49.22 %
SellBuy
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0675
Market Risk Adjusted Performance(0.16)
Mean Deviation1.11
Semi Deviation1.24
Downside Deviation1.41
Coefficient Of Variation636.23
Standard Deviation1.36
Variance1.84
Information Ratio0.1114
Jensen Alpha0.2649
Total Risk Alpha0.0189
Sortino Ratio0.107
Treynor Ratio(0.17)
Maximum Drawdown3.46
Value At Risk(1.9)
Potential Upside1.87
Downside Variance2.0
Semi Variance1.54
Expected Short fall(1.23)
Skewness(0.1)
Kurtosis(0.64)