Direxion Shares Etf Key Fundamental Indicators
| TSLS Etf | USD 5.44 0.15 2.84% |
As of the 17th of February 2026, Direxion Shares shows the Mean Deviation of 1.95, coefficient of variation of 2461.29, and Downside Deviation of 2.64. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Direxion Shares, as well as the relationship between them. Please confirm Direxion Shares ETF information ratio and downside variance to decide if Direxion Shares ETF is priced favorably, providing market reflects its regular price of 5.44 per share.
Direxion Shares' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Direxion Shares' valuation are provided below:Direxion Shares ETF does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Direxion | Build AI portfolio with Direxion Etf |
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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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. Meanwhile, Direxion Shares' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Direxion Shares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Direxion Shares' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Direxion Shares.
| 11/19/2025 |
| 02/17/2026 |
If you would invest 0.00 in Direxion Shares on November 19, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Shares ETF or generate 0.0% return on investment in Direxion Shares over 90 days. Direxion Shares is related to or competes with Direxion Daily, Direxion Daily, Direxion Daily, ProShares UltraShort, Direxion Daily, Tuttle Capital, and ProShares Trust. The fund, under normal circumstances, invests in financial instruments, including swap agreements and options, that, in ... More
Direxion Shares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Direxion Shares' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Direxion Shares ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.64 | |||
| Information Ratio | 0.013 | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 3.75 |
Direxion Shares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Shares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Direxion Shares' standard deviation. In reality, there are many statistical measures that can use Direxion Shares historical prices to predict the future Direxion Shares' volatility.| Risk Adjusted Performance | 0.0396 | |||
| Jensen Alpha | 0.1583 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0125 | |||
| Treynor Ratio | (0.09) |
Direxion Shares February 17, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0396 | |||
| Market Risk Adjusted Performance | (0.08) | |||
| Mean Deviation | 1.95 | |||
| Semi Deviation | 2.41 | |||
| Downside Deviation | 2.64 | |||
| Coefficient Of Variation | 2461.29 | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.41 | |||
| Information Ratio | 0.013 | |||
| Jensen Alpha | 0.1583 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0125 | |||
| Treynor Ratio | (0.09) | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 3.75 | |||
| Downside Variance | 6.97 | |||
| Semi Variance | 5.81 | |||
| Expected Short fall | (2.12) | |||
| Skewness | 0.0011 | |||
| Kurtosis | 0.253 |
Direxion Shares ETF Backtested Returns
Direxion Shares ETF secures Sharpe Ratio (or Efficiency) of -0.0182, which denotes the etf had a -0.0182 % return per unit of risk over the last 3 months. Direxion Shares ETF exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Shares' Downside Deviation of 2.64, mean deviation of 1.95, and Coefficient Of Variation of 2461.29 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -1.09, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Direxion Shares are expected to decrease slowly. On the other hand, during market turmoil, Direxion Shares is expected to outperform it slightly.
Auto-correlation | -0.63 |
Very good reverse predictability
Direxion Shares ETF has very good reverse predictability. Overlapping area represents the amount of predictability between Direxion Shares time series from 19th of November 2025 to 3rd of January 2026 and 3rd of January 2026 to 17th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Direxion Shares ETF price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Direxion Shares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Direxion Shares ETF has a Beta of -1.37. This is much lower than that of the Direxion Funds family and significantly lower than that of the Trading--Inverse Equity category. The beta for all United States etfs is notably higher than that of the company.
Direxion Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Direxion Shares' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Direxion Shares could also be used in its relative valuation, which is a method of valuing Direxion Shares by comparing valuation metrics of similar companies.Direxion Shares is currently under evaluation in beta as compared to similar ETFs.
Direxion Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Direxion Shares's current stock value. Our valuation model uses many indicators to compare Direxion Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Direxion Shares competition to find correlations between indicators driving Direxion Shares's intrinsic value. More Info.Direxion Shares ETF is rated fifth largest ETF in beta as compared to similar ETFs. It is presently regarded as number one ETF in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Direxion Shares by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.As returns on the market increase, returns on owning Direxion Shares are expected to decrease by larger amounts. On the other hand, during market turmoil, Direxion Shares is expected to outperform it.
Direxion Fundamentals
| Beta | -1.37 | |||
| Total Asset | 8.68 M | |||
| One Year Return | (36.40) % | |||
| Three Year Return | (40.60) % | |||
| Net Asset | 8.68 M | |||
| Equity Positions Weight | (11.80) % |
About Direxion Shares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Direxion Shares ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Direxion Shares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Direxion Shares ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund, under normal circumstances, invests in financial instruments, including swap agreements and options, that, in combination, provide inverse or short leveraged exposure to TSLA equal to at least 80 percent of the funds net assets . Direxion Daily is traded on NASDAQ Exchange in the United States.
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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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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. Meanwhile, Direxion Shares' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.