Direxion Daily Sp Etf Price Patterns
| LABD Etf | USD 18.53 2.47 11.76% |
Momentum 39
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.
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 20.93 |
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 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 16.05 and 25.81, 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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Direxion Daily is not too volatile 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 |
0.64 | 5.05 | 0.00 | 0.04 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
18.53 | 20.93 | 0.33 |
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Direxion Daily Hype Timeline
Direxion Daily SP is now traded for 18.53. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.04. Direxion is forecasted to decline in value after the next headline, with the price expected to drop to 20.93. The average volatility of media hype impact on the company price is insignificant. The price decrease on the next news is expected to be -0.33%, whereas the daily expected return is now at -0.64%. The volatility of related hype on Direxion Daily is about 9181.82%, with the expected price after the next announcement by competition of 18.57. The company had 1-20 split on the 28th of August 2020. Given the investment horizon of 90 days the next forecasted press release will be uncertain. 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 | |||
| DRIP | Direxion Daily SP | 0.00 | 0 per month | 0.00 | (0.13) | 4.61 | (6.06) | 15.01 | |
| JDST | Direxion Daily Junior | 0.00 | 0 per month | 0.00 | (0.17) | 8.38 | (11.35) | 36.45 | |
| TSLS | Direxion Shares ETF | 0.00 | 0 per month | 2.53 | 0.02 | 3.75 | (3.88) | 13.69 | |
| SARK | Tuttle Capital Short | 0.00 | 0 per month | 2.20 | 0.07 | 3.76 | (3.19) | 10.04 | |
| DRN | Direxion Daily Real | 0.00 | 0 per month | 2.48 | (0.01) | 3.64 | (3.93) | 9.39 | |
| INDL | Direxion Daily MSCI | 0.00 | 0 per month | 1.68 | (0.06) | 2.20 | (1.94) | 5.85 | |
| BITI | ProShares Trust | 0.00 | 0 per month | 2.93 | 0.16 | 5.89 | (4.89) | 12.34 | |
| GLL | ProShares UltraShort Gold | 0.00 | 0 per month | 0.00 | (0.17) | 3.78 | (5.27) | 31.63 | |
| MAGX | Roundhill Daily 2X | 0.55 | 15 per month | 0.00 | (0.13) | 3.33 | (3.93) | 12.13 | |
| DIG | ProShares Ultra Oil | 0.00 | 0 per month | 2.26 | 0.17 | 4.85 | (3.70) | 11.11 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Direxion Daily SP is a strong investment it is important to analyze Direxion Daily'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 Daily's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:Check out Direxion Daily Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Direxion Daily's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Direxion Daily represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. 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.