Direxion Daily 20 Etf Analysis
| TMF Etf | USD 44.25 0.95 2.10% |
Direxion Daily 20 is overvalued with Real Value of 42.57 and Hype Value of 44.11. The main objective of Direxion Daily etf analysis is to determine its intrinsic value, which is an estimate of what Direxion Daily 20 is worth, separate from its market price. There are two main types of Direxion Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Direxion Daily 20. On the other hand, technical analysis, focuses on the price and volume data of Direxion Etf to identify patterns and trends that may indicate its future price movements.
The Direxion Daily etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Direxion Daily is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Direxion Etf trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Direxion Daily's ongoing operational relationships across important fundamental and technical indicators.
Direxion |
Direxion Etf Analysis Notes
The fund maintains most of the assets in different exotic instruments. Direxion Daily 20 last dividend was 0.099 per share. The fund, under normal circumstances, invests at least 80 percent of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. 20 Year is traded on NYSEARCA Exchange in the United States. To find out more about Direxion Daily 20 contact the company at NA.Direxion Daily 20 Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Direxion Daily's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Direxion Daily 20 or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Direxion Daily 20 generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Notable ETF Inflow Detected - TMF - Nasdaq | |
| This fund generated-10.0 ten year return of -10.0% | |
| Direxion Daily maintains most of the assets in different exotic instruments. |
Management Efficiency
Direxion Daily's management efficiency ratios could be used to measure how well Direxion Daily manages its routine affairs as well as how well it operates its assets and liabilities.The analysis of Direxion Daily's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Direxion Daily's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Direxion Etf analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Max Mgmt Charge 0.00 | Holdings Turnover 0.00000 | Holdings Count 1 | Net Expense Ratio 0.0104 | Total Assets 4.3 B |
Top Direxion Daily 20 Etf Constituents
| TLT | iShares 20 Year | Etf | IShares |
Institutional Etf Holders for Direxion Daily
Have you ever been surprised when a price of an equity instrument such as Direxion Daily is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Direxion Daily 20 backward and forwards among themselves. Direxion Daily's institutional investor refers to the entity that pools money to purchase Direxion Daily's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| TFAZX | Tfa Tactical Income | Mutual Fund | Nontraditional Bond |
| TFALX | Tfa Tactical Income | Mutual Fund | Multistrategy |
Technical Drivers
As of the 25th of April, Direxion Daily shows the Standard Deviation of 2.63, mean deviation of 2.0, and Variance of 6.9. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Direxion Daily, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for thirteen technical drivers for Direxion Daily 20, which can be compared to its peers. Please confirm Direxion Daily 20 risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Direxion Daily 20 is priced favorably, providing market reflects its regular price of 44.25 per share.Direxion Daily 20 Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Direxion Daily middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Direxion Daily 20. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Direxion Daily Predictive Daily Indicators
Direxion Daily intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Direxion Daily etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 44.25 | |||
| Day Typical Price | 44.25 | |||
| Price Action Indicator | (0.48) | |||
| Period Momentum Indicator | (0.95) | |||
| Relative Strength Index | 32.27 |
Direxion Daily Forecast Models
Direxion Daily's time-series forecasting models are one of many Direxion Daily's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Direxion Daily's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Direxion Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Direxion Daily prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Direxion shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Direxion Daily. By using and applying Direxion Etf analysis, traders can create a robust methodology for identifying Direxion entry and exit points for their positions.
The fund, under normal circumstances, invests at least 80 percent of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. 20 Year is traded on NYSEARCA Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Direxion Daily to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Daily 20. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Direxion Daily 20 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily'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 Daily's market value can be influenced by many factors that don't directly affect Direxion Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily'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.