Direxion Daily Avgo Etf Market Value
| AVL Etf | 39.57 4.92 14.20% |
| Symbol | Direxion |
Understanding Direxion Daily AVGO requires distinguishing between market price and book value, where the latter reflects Direxion's accounting equity. The concept of intrinsic value - what Direxion Daily's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Direxion Daily's price substantially above or below its 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. In contrast, Direxion Daily's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
Direxion Daily '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 Daily's 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 Daily.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in Direxion Daily on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily AVGO or generate 0.0% return on investment in Direxion Daily over 90 days. Direxion Daily is related to or competes with YieldMax Short, YieldMax DIS, Tradr 2X, Defiance Daily, Defiance Daily, Direxion Daily, and Direxion Daily. Avalon Rare Metals Inc. explores and develops rare metals and minerals primarily in Canada. More
Direxion Daily 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 Daily's 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 Daily AVGO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 45.72 | |||
| Value At Risk | (8.71) | |||
| Potential Upside | 7.25 |
Direxion Daily Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Daily's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Direxion Daily's standard deviation. In reality, there are many statistical measures that can use Direxion Daily historical prices to predict the future Direxion Daily's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Direxion Daily's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Direxion Daily February 9, 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 4.25 | |||
| Coefficient Of Variation | (3,215) | |||
| Standard Deviation | 6.23 | |||
| Variance | 38.78 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 45.72 | |||
| Value At Risk | (8.71) | |||
| Potential Upside | 7.25 | |||
| Skewness | (0.06) | |||
| Kurtosis | 4.28 |
Direxion Daily AVGO Backtested Returns
Direxion Daily AVGO secures Sharpe Ratio (or Efficiency) of -0.018, which denotes the etf had a -0.018 % return per unit of risk over the last 3 months. Direxion Daily AVGO exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Daily's Variance of 38.78, mean deviation of 4.25, and Standard Deviation of 6.23 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 2.69, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Direxion Daily will likely underperform.
Auto-correlation | 0.14 |
Insignificant predictability
Direxion Daily AVGO has insignificant predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th 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 Daily AVGO price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 10.36 |
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Direxion Daily technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.