Direxion Shares Etf Price Prediction
| HCMT Etf | 40.28 0.16 0.40% |
Momentum 56
Buy Extended
Oversold | Overbought |
Using Direxion Shares hype-based prediction, you can estimate the value of Direxion Shares ETF from the perspective of Direxion Shares 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 Shares 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 Shares after-hype prediction price | USD 40.28 |
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.
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Direxion Shares After-Hype Price Density Analysis
As far as predicting the price of Direxion Shares 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 Shares 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 Shares, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Direxion Shares Estimiated After-Hype Price Volatility
In the context of predicting Direxion Shares' etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Direxion Shares' historical news coverage. Direxion Shares' after-hype downside and upside margins for the prediction period are 38.60 and 41.96, respectively. We have considered Direxion Shares' 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 Shares is very steady at this time. Analysis and calculation of next after-hype price of Direxion Shares ETF is based on 3 months time horizon.
Direxion Shares Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as Direxion Shares is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Direxion Shares 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 Shares, 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 |
0.02 | 1.70 | 0.01 | 0.19 | 3 Events / Month | 4 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
40.28 | 40.28 | 0.00 |
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Direxion Shares Hype Timeline
Direxion Shares ETF is currently traded for 40.28. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.19. 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 over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.02%. %. The volatility of related hype on Direxion Shares is about 18.37%, with the expected price after the next announcement by competition of 40.09. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in about 3 days. Check out Direxion Shares Basic Forecasting Models to cross-verify your projections.Direxion Shares Related Hype Analysis
Having access to credible news sources related to Direxion Shares' direct competition is more important than ever and may enhance your ability to predict Direxion Shares' future price movements. Getting to know how Direxion Shares' 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 Shares may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SFY | SoFi Select 500 | (0.44) | 13 per month | 1.07 | 0 | 1.39 | (1.87) | 4.37 | |
| SSUS | Day HaganNed Davis | 0.11 | 3 per month | 0.78 | (0.04) | 1.21 | (1.23) | 3.42 | |
| LGH | HCM Defender 500 | (0.03) | 3 per month | 1.14 | 0 | 1.53 | (1.68) | 5.39 | |
| GJUL | First Trust Exchange Traded | (0.08) | 2 per month | 0.20 | (0.13) | 0.51 | (0.44) | 1.49 | |
| IGPT | Invesco Dynamic Software | 0.00 | 0 per month | 1.55 | 0.04 | 2.59 | (2.93) | 7.05 | |
| LSGR | Natixis ETF Trust | 0.00 | 0 per month | 0.00 | (0.08) | 1.48 | (2.11) | 4.53 | |
| IHE | iShares Pharmaceuticals ETF | (10.82) | 12 per month | 0.52 | 0.15 | 1.82 | (1.17) | 4.45 | |
| IYM | iShares Basic Materials | (81.37) | 12 per month | 0.67 | 0.20 | 2.02 | (1.50) | 4.27 | |
| USSG | Xtrackers MSCI USA | 0.00 | 0 per month | 0.93 | (0.02) | 1.02 | (1.43) | 4.28 | |
| WCMI | First Trust Exchange Traded | 0.08 | 3 per month | 0.71 | 0.11 | 1.60 | (1.42) | 3.79 |
Direxion Shares 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 Shares Predictive Indicators
The successful prediction of Direxion Shares 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 Shares ETF, 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 Shares based on analysis of Direxion Shares hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Direxion Shares's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Direxion Shares's related companies.
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Check out Direxion Shares Basic Forecasting Models to cross-verify your projections. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Direxion Shares ETF's market price often diverges from its book value, the accounting figure shown on Direxion's balance sheet. Smart investors calculate Direxion Shares' intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Direxion Shares' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Direxion Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Shares' 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.