Direxion Daily Sp Etf Price Prediction
| DRIP Etf | USD 7.81 0.07 0.89% |
Momentum 44
Sell Extended
Oversold | Overbought |
Using Direxion Daily hype-based prediction, you can estimate the value of Direxion Daily SP from the perspective of Direxion Daily response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Direxion Daily using Direxion Daily'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 Daily's stock price.
Direxion Daily Implied Volatility | 1.01 |
Direxion Daily's implied volatility exposes the market's sentiment of Direxion Daily SP stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Direxion Daily'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 Daily stock will not fluctuate a lot when Direxion Daily's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Direxion Daily to buy its etf at a price that has no basis in reality. In that case, they are not buying Direxion because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Direxion Daily after-hype prediction price | USD 7.81 |
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.
Prediction based on Rule 16 of the current Direxion contract
Based on the Rule 16, the options market is currently suggesting that Direxion Daily SP will have an average daily up or down price movement of about 0.0631% per day over the life of the 2026-03-20 option contract. With Direxion Daily trading at USD 7.81, that is roughly USD 0.00493 . If you think that the market is fully incorporating Direxion Daily's daily price movement you should consider acquiring Direxion Daily SP options at the current volatility level of 1.01%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Direxion Daily After-Hype Price Density Analysis
As far as predicting the price of Direxion Daily at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Direxion Daily or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Direxion Daily, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Direxion Daily Estimiated After-Hype Price Volatility
In the context of predicting Direxion Daily's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Direxion Daily's historical news coverage. Direxion Daily's after-hype downside and upside margins for the prediction period are 4.81 and 10.81, respectively. We have considered Direxion Daily's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Direxion Daily is somewhat reliable at this time. Analysis and calculation of next after-hype price of Direxion Daily SP is based on 3 months time horizon.
Direxion Daily Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as Direxion Daily is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Direxion Daily backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Direxion Daily, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.22 | 3.02 | 0.00 | 0.05 | 4 Events / Month | 2 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
7.81 | 7.81 | 0.00 |
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Direxion Daily Hype Timeline
Direxion Daily SP is currently traded for 7.81. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.05. Direxion is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.22%. %. The volatility of related hype on Direxion Daily is about 1263.6%, with the expected price after the next announcement by competition of 7.86. The company had 1-10 split on the 28th of August 2020. Given the investment horizon of 90 days the next forecasted press release will be in about 4 days. Check out Direxion Daily Basic Forecasting Models to cross-verify your projections.Direxion Daily Related Hype Analysis
Having access to credible news sources related to Direxion Daily's direct competition is more important than ever and may enhance your ability to predict Direxion Daily's future price movements. Getting to know how Direxion Daily's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Direxion Daily may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| JDST | Direxion Daily Junior | 0.08 | 1 per month | 0.00 | (0.30) | 6.96 | (10.00) | 24.59 | |
| HDGE | AdvisorShares Ranger Equity | 0.06 | 1 per month | 0.91 | (0.02) | 1.87 | (1.78) | 5.20 | |
| LABD | Direxion Daily SP | (0.32) | 1 per month | 0.00 | (0.20) | 6.12 | (8.48) | 18.22 | |
| TYD | Direxion Daily 7 10 | 0.00 | 0 per month | 0.00 | (0.22) | 0.86 | (1.39) | 3.17 | |
| NVDS | AXS 125X NVDA | 0.46 | 1 per month | 0.00 | (0.06) | 5.53 | (4.57) | 14.84 | |
| HIBL | Direxion Daily SP | 0.00 | 0 per month | 4.22 | 0.08 | 5.99 | (7.18) | 15.43 | |
| MSOX | AdvisorShares Trust | 2.98 | 3 per month | 12.98 | 0.03 | 21.96 | (17.30) | 158.44 | |
| AGGA | Astoria Dynamic Core | (0.01) | 1 per month | 0.00 | (0.68) | 0.16 | (0.16) | 0.44 | |
| PXE | Invesco Dynamic Energy | (0.14) | 3 per month | 1.42 | (0) | 2.37 | (2.19) | 6.39 | |
| URSP | ProShares Trust | (0.72) | 3 per month | 1.39 | 0.02 | 2.68 | (2.44) | 6.47 |
Direxion Daily 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 |
About Direxion Daily Predictive Indicators
The successful prediction of Direxion Daily stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Direxion Daily SP, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Direxion Daily based on analysis of Direxion Daily hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Direxion Daily's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Direxion Daily's related companies.
Pair Trading with Direxion Daily
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Direxion Daily position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Direxion Daily will appreciate offsetting losses from the drop in the long position's value.Moving against Direxion Etf
The ability to find closely correlated positions to Direxion Daily could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Direxion Daily when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Direxion Daily - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Direxion Daily SP to buy it.
The correlation of Direxion Daily is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Direxion Daily moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Direxion Daily SP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Direxion Daily can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Direxion Daily Basic Forecasting Models to cross-verify your projections. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Direxion Daily's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Direxion Daily should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.