Direxion Monthly Nasdaq 100 Fund Price Prediction

DXQLX Fund  USD 90.38  0.55  0.61%   
The relative strength index (RSI) of Direxion Monthly's the mutual fund price is slightly above 66 suggesting that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Direxion, making its price go up or down.

Oversold Vs Overbought

66

 
Oversold
 
Overbought
The successful prediction of Direxion Monthly's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Direxion Monthly Nasdaq 100, which may create opportunities for some arbitrage if properly timed.
Using Direxion Monthly hype-based prediction, you can estimate the value of Direxion Monthly Nasdaq 100 from the perspective of Direxion Monthly response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Direxion Monthly to buy its mutual fund 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 mutual funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Direxion Monthly after-hype prediction price

    
  USD 90.38  
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 fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Direxion Monthly Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
79.8081.7499.42
Details
Naive
Forecast
LowNextHigh
85.2887.2289.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
83.6989.1394.57
Details

Direxion Monthly After-Hype Price Prediction Density Analysis

As far as predicting the price of Direxion Monthly 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 Monthly 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 Mutual Fund prices, such as prices of Direxion Monthly, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Direxion Monthly Estimiated After-Hype Price Volatility

In the context of predicting Direxion Monthly's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Direxion Monthly's historical news coverage. Direxion Monthly's after-hype downside and upside margins for the prediction period are 88.44 and 92.32, respectively. We have considered Direxion Monthly'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
90.38
90.38
After-hype Price
92.32
Upside
Direxion Monthly is very steady at this time. Analysis and calculation of next after-hype price of Direxion Monthly Nasdaq is based on 3 months time horizon.

Direxion Monthly Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Direxion Monthly is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Direxion Monthly 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 Fund 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 Monthly, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.17 
1.94
  0.30 
 0.00  
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
90.38
90.38
0.00 
110.86  
Notes

Direxion Monthly Hype Timeline

Direxion Monthly Nasdaq is currently traded for 90.38. The entity has historical hype elasticity of 0.3, and average elasticity to hype of competition of 0.0. Direxion is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 110.86%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.17%. %. The volatility of related hype on Direxion Monthly is about 0.0%, with the expected price after the next announcement by competition of 90.38. The company last dividend was issued on the 2nd of January 1970. Assuming the 90 days horizon the next expected press release will be very soon.
Check out Direxion Monthly Basic Forecasting Models to cross-verify your projections.

Direxion Monthly Related Hype Analysis

Having access to credible news sources related to Direxion Monthly's direct competition is more important than ever and may enhance your ability to predict Direxion Monthly's future price movements. Getting to know how Direxion Monthly'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 Monthly may potentially react to the hype associated with one of its peers.

Direxion Monthly 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.

About Direxion Monthly Predictive Indicators

The successful prediction of Direxion Monthly 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 Monthly Nasdaq 100, 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 Monthly based on analysis of Direxion Monthly hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Direxion Monthly's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Direxion Monthly's related companies.

Story Coverage note for Direxion Monthly

The number of cover stories for Direxion Monthly depends on current market conditions and Direxion Monthly's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Direxion Monthly is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Direxion Monthly's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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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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