Direxion Daily Financial Etf Market Value
| FAS Etf | USD 144.23 2.55 1.80% |
| Symbol | Direxion |
The market value of Direxion Daily Financial 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's 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 Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's 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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Direxion Daily's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
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.
| 11/22/2025 |
| 02/20/2026 |
If you would invest 0.00 in Direxion Daily on November 22, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily Financial or generate 0.0% return on investment in Direxion Daily over 90 days. Direxion Daily is related to or competes with Invesco FTSE, Direxion Daily, Fidelity Enhanced, Invesco SP, SPDR SP, IShares Edge, and Franklin FTSE. The fund invests at least 80 percent of its net assets in financial instruments, such as swap agreements, securities of ... 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 Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 3.75 |
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 | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.5886 |
Direxion Daily February 20, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.5986 | |||
| Mean Deviation | 2.23 | |||
| Coefficient Of Variation | (3,657) | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.15 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.5886 | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 3.75 | |||
| Skewness | (0.18) | |||
| Kurtosis | (0.06) |
Direxion Daily Financial Backtested Returns
Currently, Direxion Daily Financial is very steady. Direxion Daily Financial secures Sharpe Ratio (or Efficiency) of 0.017, which denotes the etf had a 0.017 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Direxion Daily Financial, which you can use to evaluate the volatility of the entity. Please confirm Direxion Daily's Mean Deviation of 2.23, variance of 8.15, and Standard Deviation of 2.85 to check if the risk estimate we provide is consistent with the expected return of 0.048%. The etf shows a Beta (market volatility) of -0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Direxion Daily are expected to decrease at a much lower rate. During the bear market, Direxion Daily is likely to outperform the market.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Direxion Daily Financial has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 22nd of November 2025 to 6th of January 2026 and 6th of January 2026 to 20th 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 Financial price movement. The serial correlation of -0.77 indicates that around 77.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 120.0 |
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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.