Direxion Etf Forecast - Polynomial Regression
| EVAV Etf | USD 28.62 0.00 0.00% |
The Polynomial Regression forecasted value of Direxion on the next trading day is expected to be 25.57 with a mean absolute deviation of 1.30 and the sum of the absolute errors of 79.12. Direxion Etf Forecast is based on your current time horizon.
At this time the relative strength momentum indicator of Direxion's share price is below 20 suggesting that the etf is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Direxion hype-based prediction, you can estimate the value of Direxion from the perspective of Direxion response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Direxion using Direxion's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Direxion using crowd psychology based on the activity and movement of Direxion's stock price.
Direxion Implied Volatility | 0.31 |
Direxion's implied volatility exposes the market's sentiment of Direxion stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Direxion's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Direxion stock will not fluctuate a lot when Direxion's options are near their expiration.
The Polynomial Regression forecasted value of Direxion on the next trading day is expected to be 25.57 with a mean absolute deviation of 1.30 and the sum of the absolute errors of 79.12. Direxion after-hype prediction price | $ 28.45 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Open Interest Against 2026-04-17 Direxion Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Direxion's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Direxion's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Direxion stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Direxion's open interest, investors have to compare it to Direxion's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Direxion is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Direxion. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Direxion Additional Predictive Modules
Most predictive techniques to examine Direxion price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Direxion using various technical indicators. When you analyze Direxion charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Direxion Polynomial Regression Price Forecast For the 15th of January 2026
Given 90 days horizon, the Polynomial Regression forecasted value of Direxion on the next trading day is expected to be 25.57 with a mean absolute deviation of 1.30, mean absolute percentage error of 2.44, and the sum of the absolute errors of 79.12.Please note that although there have been many attempts to predict Direxion Etf prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Direxion's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Direxion Etf Forecast Pattern
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Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Direxion etf data series using in forecasting. Note that when a statistical model is used to represent Direxion etf, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.003 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.2971 |
| MAPE | Mean absolute percentage error | 0.0459 |
| SAE | Sum of the absolute errors | 79.1247 |
Predictive Modules for Direxion
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Direxion. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Direxion Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Direxion etf to make a market-neutral strategy. Peer analysis of Direxion could also be used in its relative valuation, which is a method of valuing Direxion by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Direxion Market Strength Events
Market strength indicators help investors to evaluate how Direxion etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Direxion shares will generate the highest return on investment. By undertsting and applying Direxion etf market strength indicators, traders can identify Direxion entry and exit signals to maximize returns.
Direxion Risk Indicators
The analysis of Direxion's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Direxion's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting direxion etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.84 | |||
| Semi Deviation | 3.64 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.7 | |||
| Downside Variance | 19.04 | |||
| Semi Variance | 13.24 | |||
| Expected Short fall | (3.03) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Direxion 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's value that differs from its market value or its book value, called intrinsic value, which is Direxion'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's market value can be influenced by many factors that don't directly affect Direxion'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion'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.