Direxion Daily Aerospace Etf Market Value
| DFEN Etf | USD 84.46 3.40 4.19% |
| Symbol | Direxion |
Investors evaluate Direxion Daily Aerospace using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Direxion Daily's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Direxion Daily's market price to deviate significantly from intrinsic value.
It's important to distinguish between Direxion Daily's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Direxion Daily should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Direxion Daily's market price signifies the transaction level at which participants voluntarily complete trades.
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.
| 11/20/2025 |
| 02/18/2026 |
If you would invest 0.00 in Direxion Daily on November 20, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily Aerospace or generate 0.0% return on investment in Direxion Daily over 90 days. Direxion Daily is related to or competes with Direxion Daily, Invesco QQQ, Direxion Daily, Direxion Daily, WisdomTree Trust, IShares MSCI, and Nuveen ESG. The fund invests at least 80 percent of its net assets in financial instruments, such as swap agreements, and securities... 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 Aerospace upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | 0.1183 | |||
| Maximum Drawdown | 18.61 | |||
| Value At Risk | (6.46) | |||
| Potential Upside | 7.44 |
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 | 0.1122 | |||
| Jensen Alpha | 0.4246 | |||
| Total Risk Alpha | 0.3145 | |||
| Sortino Ratio | 0.1208 | |||
| Treynor Ratio | 0.1968 |
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 18, 2026 Technical Indicators
| Cycle Indicators | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.1122 | |||
| Market Risk Adjusted Performance | 0.2068 | |||
| Mean Deviation | 3.37 | |||
| Semi Deviation | 3.8 | |||
| Downside Deviation | 4.14 | |||
| Coefficient Of Variation | 764.02 | |||
| Standard Deviation | 4.23 | |||
| Variance | 17.88 | |||
| Information Ratio | 0.1183 | |||
| Jensen Alpha | 0.4246 | |||
| Total Risk Alpha | 0.3145 | |||
| Sortino Ratio | 0.1208 | |||
| Treynor Ratio | 0.1968 | |||
| Maximum Drawdown | 18.61 | |||
| Value At Risk | (6.46) | |||
| Potential Upside | 7.44 | |||
| Downside Variance | 17.17 | |||
| Semi Variance | 14.4 | |||
| Expected Short fall | (3.55) | |||
| Skewness | 0.059 | |||
| Kurtosis | (0.10) |
Direxion Daily Aerospace Backtested Returns
Direxion Daily appears to be very steady, given 3 months investment horizon. Direxion Daily Aerospace secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the etf had a 0.22 % return per unit of risk over the last 3 months. By reviewing Direxion Daily's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Direxion Daily's Mean Deviation of 3.37, coefficient of variation of 764.02, and Downside Deviation of 4.14 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 2.76, 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 | -0.25 |
Weak reverse predictability
Direxion Daily Aerospace has weak reverse predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 20th of November 2025 to 4th of January 2026 and 4th of January 2026 to 18th 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 Aerospace price movement. The serial correlation of -0.25 indicates that over 25.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 22.01 |
Pair Trading with Direxion Daily
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Direxion Daily position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Direxion Daily will appreciate offsetting losses from the drop in the long position's value.Moving together with Direxion Etf
Moving against Direxion Etf
The ability to find closely correlated positions to Direxion Daily could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Direxion Daily when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Direxion Daily - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Direxion Daily Aerospace to buy it.
The correlation of Direxion Daily is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Direxion Daily moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Direxion Daily Aerospace moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Direxion Daily can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Direxion Daily Correlation, Direxion Daily Volatility and Direxion Daily Performance module to complement your research on Direxion Daily. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.