Direxion Work From Etf Price on December 9, 2024

WFH Etf  USD 67.44  0.18  0.27%   
Below is the normalized historical share price chart for Direxion Work From extending back to June 25, 2020. 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 Work stands at 67.44, as last reported on the 14th of December 2024, with the highest price reaching 68.04 and the lowest price hitting 67.08 during the day.
3 y Volatility
22.84
200 Day MA
56.9736
1 y Volatility
15.24
50 Day MA
62.4481
Inception Date
2020-06-25
 
Covid
If you're considering investing in Direxion Etf, it is important to understand the factors that can impact its price. Direxion Work appears to be very steady, given 3 months investment horizon. Direxion Work From secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the etf had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Direxion Work From, which you can use to evaluate the volatility of the entity. Please utilize Direxion Work's Mean Deviation of 0.8641, coefficient of variation of 379.86, and Downside Deviation of 0.9671 to check if our risk estimates are consistent with your expectations.
  
Direxion Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2466

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Estimated Market Risk

 1.14
  actual daily
10
90% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Direxion Work is performing at about 19% 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 Work by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
50.7 K

Direxion Work Valuation on December 9, 2024

It is possible to determine the worth of Direxion Work on a given historical date. On December 9, 2024 Direxion was worth 68.47 at the beginning of the trading date compared to the closed value of 67.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Direxion Work etf. Still, in general, we apply an absolute valuation method to find Direxion Work'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 Work where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Direxion Work's related companies.
 Open High Low Close Volume
  68.30    68.32    68.30    68.32    5,447  
12/09/2024
  68.47    68.47    67.41    67.41    500.00  
  66.43    66.52    66.43    66.52    1,300  
Backtest Direxion Work  |  Direxion Work History  |  Direxion Work Valuation   PreviousNext  
Open Value
68.47
67.41
Closing Value
71.90
Upside

Direxion Work Trading Date Momentum on December 9, 2024

On December 10 2024 Direxion Work From was traded for  66.52  at the closing time. Highest Direxion Work's price during the trading hours was 66.52  and the lowest price during the day was  66.43 . The net volume was 1.3 K. The overall trading history on the 10th of December contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.32% . The overall trading delta to current price is 0.93% .

Direxion Work From Fundamentals Correlations and Trends

By evaluating Direxion Work'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 Work'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 Work Etf history

Direxion Work 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 Work From 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 Work stock prices may prove useful in developing a viable investing in Direxion Work
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. Work From is traded on NYSEARCA Exchange in the United States.

Direxion Work Etf Technical Analysis

Direxion Work 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.
A focus of Direxion Work technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Direxion Work trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Direxion Work Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Direxion Work From cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Work December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Direxion Work 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 Work shares will generate the highest return on investment. By undertsting and applying Direxion Work etf market strength indicators, traders can identify Direxion Work From entry and exit signals to maximize returns

Direxion Work Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Direxion Work's price direction in advance. Along with the technical and fundamental analysis of Direxion Etf 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.
When determining whether Direxion Work From offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Work's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Work From Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Work From Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Direxion Work From. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of Direxion Work From 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 Work's value that differs from its market value or its book value, called intrinsic value, which is Direxion Work'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 Work's market value can be influenced by many factors that don't directly affect Direxion Work'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 Work's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Work is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Work'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.