Direxion Etf Price on July 12, 2024
| HJEN Etf | USD 10.80 0.24 2.17% |
If you're considering investing in Direxion Etf, it is important to understand the factors that can impact its price. As of today, the current price of Direxion stands at 10.80, as last reported on the 27th of November, with the highest price reaching 11.04 and the lowest price hitting 10.80 during the day. We have found nine technical indicators for Direxion, which you can use to evaluate the volatility of the entity. Please confirm Direxion's Day Typical Price of 10.88, rate of daily change of 0.98, and Market Facilitation Index of 0.24 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Direxion Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Direxion |
Sharpe Ratio = 0.0
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Based on monthly moving average Direxion is not performing at its full potential. However, 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 by adding Direxion to a well-diversified portfolio.
Direxion Valuation on July 12, 2024
It is possible to determine the worth of Direxion on a given historical date. On July 12, 2024 Direxion was worth 11.39 at the beginning of the trading date compared to the closed value of 11.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Direxion etf. Still, in general, we apply an absolute valuation method to find Direxion'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Direxion's related companies.
| Open | High | Low | Close | Volume | |
| 11.21 | 11.40 | 11.20 | 11.39 | 75,600 | |
07/12/2024 | 11.39 | 11.88 | 11.25 | 11.80 | 12,010 |
| 11.49 | 11.63 | 11.39 | 11.63 | 14,141 |
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Direxion Trading Date Momentum on July 12, 2024
| On July 15 2024 Direxion was traded for 11.63 at the closing time. The top price for the day was 11.63 and the lowest listed price was 11.39 . The trading volume for the day was 14.1 K. The trading history from July 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.44% . The overall trading delta against the current closing price is 6.44% . |
Direxion Fundamentals Correlations and Trends
By evaluating Direxion'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'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 Etf history
Direxion 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 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 stock prices may prove useful in developing a viable investing in Direxion
The fund, under normal circumstances, invests at least 80 percent of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. Direxion Hydrogen is traded on NYSEARCA Exchange in the United States.
Direxion Etf Technical Analysis
Direxion technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Direxion Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
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Direxion November 27, 2024 Market Strength
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
When determining whether Direxion is a strong investment it is important to analyze Direxion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports: Check out Risk vs Return Analysis 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 income. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.