Direxion Daily Lly Etf Market Value
| ELIS Etf | 17.86 0.20 1.11% |
| Symbol | Direxion |
Direxion Daily LLY'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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from 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. 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.
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.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in Direxion Daily on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily LLY or generate 0.0% return on investment in Direxion Daily over 90 days. Direxion Daily is related to or competes with Direxion Daily, Direxion Daily, IShares Breakthrough, IShares Trust, Guinness Atkinson, Acruence Active, and Amplify Samsung. Direxion Daily is entity of United States 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 LLY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 7.67 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 2.3 |
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 | (0.12) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (1.31) |
Direxion Daily January 30, 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 | (0.12) | |||
| Market Risk Adjusted Performance | (1.30) | |||
| Mean Deviation | 1.49 | |||
| Coefficient Of Variation | (582.98) | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (1.31) | |||
| Maximum Drawdown | 7.67 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 2.3 | |||
| Skewness | (0.26) | |||
| Kurtosis | (0.18) |
Direxion Daily LLY Backtested Returns
Direxion Daily LLY secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the etf had a -0.11 % return per unit of risk over the last 3 months. Direxion Daily LLY exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Daily's Mean Deviation of 1.49, standard deviation of 1.89, and Variance of 3.58 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Direxion Daily's returns are expected to increase less than the market. However, during the bear market, the loss of holding Direxion Daily is expected to be smaller as well.
Auto-correlation | 0.07 |
Virtually no predictability
Direxion Daily LLY has virtually no predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 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 LLY price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Thematic Opportunities
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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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.