Direxion Daily 20 Etf Price Patterns
| TMV Etf | USD 36.87 0.03 0.08% |
Momentum 46
Impartial
Oversold | Overbought |
Using Direxion Daily hype-based prediction, you can estimate the value of Direxion Daily 20 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 36.87 |
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 35.36 and 38.38, 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 very steady at this time. Analysis and calculation of next after-hype price of Direxion Daily 20 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 |
0.14 | 1.51 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
36.87 | 36.87 | 0.00 |
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Direxion Daily Hype Timeline
On the 30th of January Direxion Daily 20 is traded for 36.87. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 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 insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.14%. %. The volatility of related hype on Direxion Daily is about 8882.35%, with the expected price after the next announcement by competition of 36.87. The company had 1-10 split on the 23rd of April 2020. Considering the 90-day investment horizon the next expected press release will be within a week. 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 | |||
| SPDN | Direxion Daily SP | 0.00 | 0 per month | 0.00 | (0.09) | 1.27 | (0.94) | 3.30 | |
| CHAU | Direxion Daily CSI | 0.00 | 0 per month | 1.44 | 0.06 | 2.39 | (2.38) | 5.24 | |
| SCO | ProShares UltraShort Bloomberg | 0.00 | 0 per month | 0.00 | (0.09) | 4.50 | (4.33) | 14.22 | |
| BBBS | BondBloxx ETF Trust | 0.00 | 0 per month | 0.00 | (0.55) | 0.14 | (0.10) | 0.33 | |
| CURE | Direxion Daily Healthcare | 0.00 | 0 per month | 1.85 | 0.09 | 5.70 | (3.42) | 11.97 | |
| PULT | Putnam ETF Trust | 0.00 | 0 per month | 0.00 | (1.17) | 0.08 | (0.04) | 0.20 | |
| UUP | Invesco DB Dollar | 0.00 | 0 per month | 0.00 | (0.31) | 0.33 | (0.51) | 1.78 | |
| BVAL | Exchange Traded Concepts | 0.00 | 0 per month | 0.49 | 0.06 | 1.12 | (1.06) | 2.92 | |
| WTMF | WisdomTree Managed Futures | 0.17 | 1 per month | 0.46 | (0.03) | 0.82 | (0.88) | 2.69 | |
| SRHQ | Elevation Series Trust | 0.00 | 0 per month | 0.92 | 0.01 | 1.71 | (1.53) | 4.69 |
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 20, 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.
Thematic Opportunities
Explore Investment Opportunities
Check out Direxion Daily Basic Forecasting Models to cross-verify your projections. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Direxion Daily 20'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. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. Since Direxion Daily's 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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.