Direxion Daily Msci Etf Market Value
| EDZ Etf | USD 27.95 0.13 0.46% |
| Symbol | Direxion |
Understanding Direxion Daily MSCI 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.
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. 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.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Direxion Daily on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily MSCI or generate 0.0% return on investment in Direxion Daily over 90 days. Direxion Daily is related to or competes with AdvisorShares Dorsey, GraniteShares 125x, Direxion Daily, Pacer CFRA, Direxion Daily, Etf Opportunities, and T Rowe. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combinat... 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 MSCI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.43 | |||
| Value At Risk | (4.53) | |||
| Potential Upside | 3.71 |
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 | (0.07) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.1628 |
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 2, 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 | (0.07) | |||
| Market Risk Adjusted Performance | 0.1728 | |||
| Mean Deviation | 2.01 | |||
| Coefficient Of Variation | (888.81) | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.76 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.1628 | |||
| Maximum Drawdown | 13.43 | |||
| Value At Risk | (4.53) | |||
| Potential Upside | 3.71 | |||
| Skewness | (0.08) | |||
| Kurtosis | 0.7962 |
Direxion Daily MSCI Backtested Returns
Direxion Daily MSCI secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the etf had a -0.17 % return per unit of risk over the last 3 months. Direxion Daily MSCI exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Daily's Standard Deviation of 2.6, mean deviation of 2.01, and Variance of 6.76 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -1.86, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Direxion Daily are expected to decrease by larger amounts. On the other hand, during market turmoil, Direxion Daily is expected to outperform it.
Auto-correlation | -0.43 |
Modest reverse predictability
Direxion Daily MSCI has modest reverse predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd 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 MSCI price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 11.3 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Direxion Daily MSCI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Daily's 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 Daily Msci Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Msci Etf: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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.