Direxion Etf Analysis

SOXL
 Etf
  

USD 11.73  1.77  13.11%   

The new price hike of Direxion Daily Semic created some momentum for stakeholders as it was traded today as low as 11.5 and as high as 12.18 per share. The fund administrators may have good odds in positioning the entity resources to exploit market volatility in January. The etf standard deviation of daily returns for 90 days investing horizon is currently 8.53. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Direxion Daily constituents.
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The Direxion Daily etf analysis report makes it easy to digest most publicly released information about Direxion Daily and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Direxion Etf analysis module also helps to analyze the Direxion Daily price relationship with some important fundamental indicators such as market cap and management efficiency.

Direxion Etf Analysis Notes

Direxion Daily is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 69 constituents with avarage daily trading value of 121.9 M. The fund charges 0.75 percent management fee with total expences of 0.9 percent of total asset. The fund created returns of 1.0% over the last ten years. Direxion Daily Semic last dividend was 0.094 per share. The fund 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. Semiconductor Bull is traded on NYSEARCA Exchange in the United States. To find out more about Direxion Daily Semiconductor contact the company at NA.

Direxion Daily Semic 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 Semiconductor or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Direxion Daily Semic has very high historical volatility over the last 90 days
Direxion Daily Semic has high likelihood to experience some financial distress in the next 2 years
The fund created three year return of -11.0%

Management Efficiency

Direxion Daily management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.

Top Etf Constituents

Information
Ratio
Value
At Risk
SWKSSkyworks Solutions(0.0479) (4.31) 
XLNXXilinx,(0.024) (6.16) 
MRVLMarvell Technology Group(0.0308) (5.48) 
TXNTexas Instruments Incorporated 0.0029 (2.71) 
TSMTaiwan Semiconductor Manufacturing(0.0275) (4.05) 
QCOMQualcomm Incorporated(0.05) (4.19) 
NXPINXP Semiconductors NV(0.0008) (4.55) 
NVDANVIDIA 0.0274 (6.13) 
MUMicron Technology(0.0354) (4.55) 
ADIAnalog Devices 0.0335 (3.41) 
LRCXLam Research Corp 0.004 (6.43) 
INTCIntel(0.06) (3.46) 
AVGOBroadcom 0.0188 (3.40) 
ASMLASML Holding NV 0.07 (6.03) 
AMDAdvanced Micro Devices(0.06) (6.17) 
AMATApplied Materials 0.0371 (5.64) 
MCHPMicrochip Technology 0.07 (4.06) 

Technical Drivers

As of the 2nd of December, Direxion Daily shows the Mean Deviation of 6.36, coefficient of variation of 3566.46, and Downside Deviation of 7.74. 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 analyzed and interpolated nineteen technical drivers for Direxion Daily Semiconductor, which can be compared to its rivals. Please confirm Direxion Daily Semic information ratio and downside variance to decide if Direxion Daily Semic is priced favorably, providing market reflects its regular price of 11.73 per share.

Direxion Daily Semic Price Movement Analysis

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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. 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 Semic. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Direxion Daily Technical and Predictive Indicators

Direxion Daily Forecast Models

Direxion Daily time-series forecasting models is one of many Direxion Daily's etf analysis techniquest aimed to predict 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 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. Semiconductor Bull is traded on NYSEARCA Exchange in the United States.

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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.

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When running Direxion Daily Semic price analysis, check to measure Direxion Daily's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Direxion Daily is operating at the current time. Most of Direxion Daily's value examination focuses on studying past and present price action to predict the probability of Direxion Daily's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Direxion Daily's price. Additionally, you may evaluate how the addition of Direxion Daily to your portfolios can decrease your overall portfolio volatility.
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The market value of Direxion Daily Semic 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 Direxion Daily value 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.