Direxion Monthly 7 10 Fund Price on November 27, 2024
| DXKSX Fund | USD 28.82 0.15 0.52% |
Below is the normalized historical share price chart for Direxion Monthly 7 10 extending back to May 19, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Direxion Monthly stands at 28.82, as last reported on the 4th of December, with the highest price reaching 28.82 and the lowest price hitting 28.82 during the day.
If you're considering investing in Direxion Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Direxion Mutual Fund to be very steady. Direxion Monthly 7 secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Direxion Monthly 7 10, which you can use to evaluate the volatility of the entity. Please confirm Direxion Monthly's Downside Deviation of 0.6877, mean deviation of 0.4858, and Coefficient Of Variation of 812.55 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Direxion Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Direxion |
Sharpe Ratio = 0.1908
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| Cash | DXKSX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Direxion Monthly is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Direxion Monthly by adding it to a well-diversified portfolio.
Direxion Monthly Valuation on November 27, 2024
It is possible to determine the worth of Direxion Monthly on a given historical date. On November 27, 2024 Direxion was worth 28.84 at the beginning of the trading date compared to the closed value of 28.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Direxion Monthly mutual fund. Still, in general, we apply an absolute valuation method to find Direxion Monthly's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Direxion Monthly where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Direxion Monthly's related companies.
| Open | High | Low | Close | Volume | |
| 29.03 | 29.03 | 29.03 | 29.03 | 1.00 | |
11/27/2024 | 28.84 | 28.84 | 28.84 | 28.84 | 1.00 |
| 28.65 | 28.65 | 28.65 | 28.65 | 1.00 |
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Direxion Monthly Trading Date Momentum on November 27, 2024
| On November 29 2024 Direxion Monthly 7 10 was traded for 28.65 at the closing time. The highest daily price throughout the period was 28.65 and the lowest price was 28.65 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.66% . The overall trading delta to current closing price is 0.07% . |
Direxion Monthly 7 Fundamentals Correlations and Trends
By evaluating Direxion Monthly's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Direxion Monthly's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Direxion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Direxion Monthly Mutual Fund history
Direxion Monthly investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Direxion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Direxion Monthly 7 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Direxion Monthly stock prices may prove useful in developing a viable investing in Direxion Monthly
The fund invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short calendar month exposure to the index or to ETFs that track the index. The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than or equal to seven years and less than ten years. It is non-diversified.
Direxion Monthly Mutual Fund Technical Analysis
Direxion Monthly technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Direxion Monthly Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Direxion Monthly 7 10 cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Direxion Monthly December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Direxion Monthly mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Direxion Monthly shares will generate the highest return on investment. By undertsting and applying Direxion Monthly mutual fund market strength indicators, traders can identify Direxion Monthly 7 10 entry and exit signals to maximize returns
Direxion Monthly Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Direxion Monthly's price direction in advance. Along with the technical and fundamental analysis of Direxion Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Direxion to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | 0.0532 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.4029 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Direxion Mutual Fund
Direxion Monthly financial ratios help investors to determine whether Direxion Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Direxion with respect to the benefits of owning Direxion Monthly security.
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