Direxion Daily Sp Etf Market Outlook
| LABD Etf | USD 19.20 0.87 4.75% |
About 55% of Direxion Daily's shareholders are presently thinking to get in. The current sentiment regarding investing in Direxion Daily SP etf implies that some traders are interested. The current market sentiment, together with Direxion Daily's historical and current headlines, can help investors time the market. In addition, many technical investors use Direxion Daily SP etf news signals to limit their universe of possible portfolio assets.
Comfort Level 55
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Direxion Daily's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Direxion Daily SP.
News SentimentNeutral | Hype SentimentBullish | Insider SentimentWaiting |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Direxion Daily SP is 'Strong Sell'. 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 LABD positions.
Direxion | Build AI portfolio with Direxion Etf |
Execute Direxion Daily 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 Daily SP. Macroaxis does not own or have any residual interests in Direxion Daily SP or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Direxion Daily's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Direxion Daily Trading Alerts and Improvement Suggestions
| Direxion Daily SP generated a negative expected return over the last 90 days | |
| Direxion Daily SP has high historical volatility and very poor performance | |
| Latest headline from news.google.com: LABD ETF To Benefit From Downturns In The Biotech Industry - Seeking Alpha | |
| This fund created-58.0 ten year return of -58.0% | |
| Direxion Daily maintains most of the assets in different exotic instruments. |
Direxion Daily Returns Distribution Density
The distribution of Direxion Daily's historical returns is an attempt to chart the uncertainty of Direxion Daily's future price movements. The chart of the probability distribution of Direxion Daily daily returns describes the distribution of returns around its average expected value. We use Direxion Daily SP price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Direxion Daily returns is essential to provide solid investment advice for Direxion Daily.
| Mean Return | -0.7 | Value At Risk | -8.48 | Potential Upside | 6.14 | Standard Deviation | 4.59 |
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 Daily 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 Daily 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 Daily 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 Daily'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 Dow Jones | -0.6 | |
β | Beta against Dow Jones | -2.26 | |
σ | Overall volatility | 4.56 | |
Ir | Information ratio | -0.17 |
Direxion Daily Volatility Alert
Direxion Daily SP exhibits very low volatility with skewness of -0.21 and kurtosis of -0.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Direxion Daily'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 Daily'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 Daily Fundamentals Vs Peers
Comparing Direxion Daily'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 Daily's direct or indirect competition across all of the common fundamentals between Direxion Daily and the related equities. This way, we can detect undervalued stocks with similar characteristics as Direxion Daily or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Direxion Daily's fundamental indicators could also be used in its relative valuation, which is a method of valuing Direxion Daily by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Direxion Daily to competition |
| Fundamentals | Direxion Daily | Peer Average |
| Price To Earning | 21.86 X | 3.15 X |
| Price To Book | 3.01 X | 0.39 X |
| Price To Sales | 7.92 X | 0.33 X |
| Beta | -4.06 | |
| One Year Return | (71.80) % | (0.97) % |
| Three Year Return | (48.70) % | 3.23 % |
| Five Year Return | (36.40) % | 1.12 % |
| Ten Year Return | (57.60) % | 1.20 % |
| Net Asset | 204.2 M | 2.29 B |
| Last Dividend Paid | 0.086 | 0.14 |
| Equity Positions Weight | (12.08) % | 52.82 % |
Direxion Daily 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 Daily Buy or Sell Advice
When is the right time to buy or sell Direxion Daily SP? 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 Daily 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 Dividend Beast Thematic Idea Now
Dividend Beast
An experimental equal-weighted theme of equities with high dividend yield and solid fundamentals based on Macroaxis rating system. The Dividend Beast theme has 65 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 Dividend Beast Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Direxion Daily 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. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Direxion Daily SP's market price often diverges from its book value, the accounting figure shown on Direxion's balance sheet. Smart investors calculate Direxion Daily's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Direxion Daily's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Direxion Daily represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. 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.