Direxion Daily Buy Hold or Sell Recommendation

MIDU -- USA Etf  

USD 31.53  1.25  4.13%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Direxion Daily Mid Cap Bull 3X ETF is 'Hold'. 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
Hold

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 risk adjusted performance of (0.18), jensen alpha of (0.53), total risk alpha of (0.09), sortino ratio of 0.0 and treynor ratio of (0.63)
Macroaxis buy, hold, or sell suggestion module can be used to complement Direxion Daily buy, hold, or sell recommendation provided by average analyst sentiment. It analyzes the etf potential to grow using 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.

Direxion Daily Thematic Classifications

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

Direxion Daily Returns Distribution Density

Mean Return0.71Value At Risk6
Potential Upside6.00Standard Deviation5.12
 Return Density 
      Distribution 

Direxion Daily Greeks

α
Alpha over DOW
=0.53
β
Beta against DOW=1.14
σ
Overall volatility
=5.31
Ir
Information ratio =0.11

Direxion Daily Volatility Alert

Direxion Daily Mid Cap Bull 3X ETF exhibits very low volatility with skewness of -1.28 and kurtosis of 6.58. 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

Direxion Daily Fundamental Vs Peers

FundamentalsDirexion DailyPeer Average
Price to Earning20.76X8.24X
Price to Book2.25X0.97X
Price to Sales1.26X0.72X
One Year Return(10.24)% (1.25)%
Three Year Return22.11% 2.26%
Five Year Return18.98% 0.20%
Net Asset64.5M888.73M
Last Dividend Paid0.0340.03
Equity Positions Weight61.74% 49.22%

Direxion Daily Market Momentum

Direxion Daily Alerts

Trading Alerts and Improvement Suggestions

Direxion Daily Mid generates negative expected return over the last 30 days
Direxion Daily Mid has high historical volatility and very poor performance
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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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