Direxion Work From Etf Buy Hold or Sell Recommendation
| WFH Etf | USD 52.95 0.27 0.51% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Direxion Work From is 'Not Rated'. Macroaxis provides Direxion Work buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WFH positions. The advice algorithm takes into account all of Direxion Work's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Direxion Work's buy or sell advice are summarized below:
Real Value 0.0 | Hype Value 0.0 | Market Value 52.95 | Naive Value 51.67 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Direxion Work From given historical horizon and risk tolerance towards Direxion Work. When Macroaxis issues a 'buy' or 'sell' recommendation for Direxion Work From, the advice is generated through an automated system that utilizes algorithms and statistical models.
Direxion |
Execute Direxion Work Buy or Sell Advice
The Direxion recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Direxion Work From. Macroaxis does not own or have any residual interests in Direxion Work From or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Direxion Work's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
Direxion Work Trading Alerts and Improvement Suggestions
| Direxion Work From generated a negative expected return over the last 90 days | |
| Latest headline from finance.yahoo.com: World Hemophilia Day 2024Equitable access for all recognizing all bleeding disorders | |
| The fund generated three year return of -9.0% | |
| Direxion Work From keeps 99.72% of its net assets in stocks |
Direxion Work Returns Distribution Density
The distribution of Direxion Work's historical returns is an attempt to chart the uncertainty of Direxion Work's future price movements. The chart of the probability distribution of Direxion Work daily returns describes the distribution of returns around its average expected value. We use Direxion Work From price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Direxion Work returns is essential to provide solid investment advice for Direxion Work.
| Mean Return | -0.02 | Value At Risk | -2.42 | Potential Upside | 1.90 | Standard Deviation | 1.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Direxion Work historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Direxion Work Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Direxion Work or Direxion Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Direxion Work's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Direxion etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.12 | |
β | Beta against NYSE Composite | 1.50 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | -0.07 |
Direxion Work Volatility Alert
Direxion Work From exhibits very low volatility with skewness of -0.58 and kurtosis of -0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Direxion Work's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Direxion Work's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Direxion Work Fundamentals Vs Peers
Comparing Direxion Work's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Direxion Work's direct or indirect competition across all of the common fundamentals between Direxion Work and the related equities. This way, we can detect undervalued stocks with similar characteristics as Direxion Work or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Direxion Work's fundamental indicators could also be used in its relative valuation, which is a method of valuing Direxion Work by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Direxion Work to competition |
| Fundamentals | Direxion Work | Peer Average |
| Beta | 0.97 | |
| One Year Return | 18.60 % | (0.97) % |
| Three Year Return | (9.00) % | 3.23 % |
| Net Asset | 37.08 M | 2.29 B |
| Equity Positions Weight | 99.72 % | 52.82 % |
Direxion Work Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Direxion . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Direxion Work Buy or Sell Advice
When is the right time to buy or sell Direxion Work From? Buying financial instruments such as Direxion Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Direxion Work in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Electronics Thematic Idea Now
Electronics
Companies manufacturing electronic appliances and goods. The Electronics theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electronics Theme or any other thematic opportunities.
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Check out Direxion Work Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Direxion Work From information on this page should be used as a complementary analysis to other Direxion Work's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Direxion Work From is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Work's value that differs from its market value or its book value, called intrinsic value, which is Direxion Work's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Work's market value can be influenced by many factors that don't directly affect Direxion Work's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Work's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Work is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Work's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.