Direxion Shares Etf Market Value
| LMBO Etf | 19.68 1.98 11.19% |
| Symbol | Direxion |
Direxion Shares ETF's market price often diverges from its book value, the accounting figure shown on Direxion's balance sheet. Smart investors calculate Direxion Shares' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Direxion Shares' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Direxion Shares' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Direxion Shares represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Direxion Shares' 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 Shares '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 Shares' 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 Shares.
| 11/12/2025 |
| 02/10/2026 |
If you would invest 0.00 in Direxion Shares on November 12, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Shares ETF or generate 0.0% return on investment in Direxion Shares over 90 days. Direxion Shares is related to or competes with Grizzle Growth, ProShares Metaverse, Tidal ETF, Invesco ESG, Nuveen Sustainable, Advisor Managed, and IndexIQ Active. Direxion Shares is entity of United States More
Direxion Shares 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 Shares' 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 Shares ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 30.35 | |||
| Value At Risk | (13.01) | |||
| Potential Upside | 11.19 |
Direxion Shares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Shares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Direxion Shares' standard deviation. In reality, there are many statistical measures that can use Direxion Shares historical prices to predict the future Direxion Shares' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.09) | |||
| Total Risk Alpha | (1.52) | |||
| Treynor Ratio | (0.19) |
Direxion Shares February 10, 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 | (0.08) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 5.34 | |||
| Coefficient Of Variation | (945.14) | |||
| Standard Deviation | 6.97 | |||
| Variance | 48.62 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (1.09) | |||
| Total Risk Alpha | (1.52) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 30.35 | |||
| Value At Risk | (13.01) | |||
| Potential Upside | 11.19 | |||
| Skewness | 0.2165 | |||
| Kurtosis | 0.3064 |
Direxion Shares ETF Backtested Returns
Direxion Shares ETF secures Sharpe Ratio (or Efficiency) of -0.0676, which denotes the etf had a -0.0676 % return per unit of risk over the last 3 months. Direxion Shares ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Shares' Variance of 48.62, standard deviation of 6.97, and Mean Deviation of 5.34 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 3.86, 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 Shares will likely underperform.
Auto-correlation | 0.35 |
Below average predictability
Direxion Shares ETF has below average predictability. Overlapping area represents the amount of predictability between Direxion Shares time series from 12th of November 2025 to 27th of December 2025 and 27th of December 2025 to 10th 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 Shares ETF price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Direxion Shares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 9.89 |
Pair Trading with Direxion Shares
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 Shares 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 Shares will appreciate offsetting losses from the drop in the long position's value.Moving against Direxion Etf
| 0.47 | LABU | Direxion Daily SP | PairCorr |
| 0.45 | AHYB | American Century ETF | PairCorr |
| 0.45 | BINC | BlackRock ETF Trust | PairCorr |
| 0.44 | RDIV | Invesco SP Ultra | PairCorr |
| 0.39 | NRGU | Bank of Montreal Trending | PairCorr |
The ability to find closely correlated positions to Direxion Shares 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 Shares 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 Shares - 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 Shares ETF to buy it.
The correlation of Direxion Shares 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 Shares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Direxion Shares ETF 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 Shares 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 Shares Correlation, Direxion Shares Volatility and Direxion Shares Performance module to complement your research on Direxion Shares. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Direxion Shares 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.