Direxion Shares Etf Price Prediction

QQQU Etf   41.61  0.68  1.61%   
The relative strength momentum indicator of Direxion Shares' the etf price is slightly above 64 indicating that the etf 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

64

 
Oversold
 
Overbought
The successful prediction of Direxion Shares' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Direxion Shares ETF, which may create opportunities for some arbitrage if properly timed.
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 41.66  
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.
  
Check out Direxion Shares Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
37.4040.3543.30
Details
Naive
Forecast
LowNextHigh
36.0639.0141.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
40.5942.4344.27
Details

Direxion Shares After-Hype Price Prediction 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 38.71 and 44.61, 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
41.61
41.66
After-hype Price
44.61
Upside
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 Prediction 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 ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.44 
2.95
 0.00  
  0.02 
0 Events / Month
2 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
41.61
41.66
0.12 
0.00  
Notes

Direxion Shares Hype Timeline

Direxion Shares ETF is at this time traded for 41.61. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. Direxion is projected to increase in value after the next headline, with the price projected to jump to 41.66 or above. The average volatility of media hype impact on the company the price is insignificant. The price appreciation on the next news is projected to be 0.12%, whereas the daily expected return is at this time at 0.44%. The volatility of related hype on Direxion Shares is about 6807.69%, with the expected price after the next announcement by competition of 41.59. Given the investment horizon of 90 days the next projected press release will be within a week.
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.

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.

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.

Story Coverage note for Direxion Shares

The number of cover stories for Direxion Shares depends on current market conditions and Direxion Shares' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Direxion Shares 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 Shares' 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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When determining whether Direxion Shares ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Shares' 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 Shares Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Shares Etf:
Check out Direxion Shares Basic Forecasting Models to cross-verify your projections.
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The market value of Direxion Shares ETF 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 Shares' value that differs from its market value or its book value, called intrinsic value, which is Direxion Shares' 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 Shares' market value can be influenced by many factors that don't directly affect Direxion Shares' 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 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.