Direxion Daily 20 Etf Market Value
| TMF Etf | USD 41.80 0.69 1.68% |
| Symbol | Direxion |
Direxion Daily 20'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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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. 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.
| 11/29/2025 |
| 02/27/2026 |
If you would invest 0.00 in Direxion Daily on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily 20 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, Direxion Daily, BondBloxx ETF, ProShares UltraShort, AdvisorShares Trust, and Listed Funds. The fund, under normal circumstances, invests at least 80 percent of its net assets in financial instruments, such as sw... 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 20 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.75 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.28 |
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 | 0.037 | |||
| Jensen Alpha | 0.0291 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.24 |
Direxion Daily February 27, 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 | 0.037 | |||
| Market Risk Adjusted Performance | 0.25 | |||
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.59 | |||
| Downside Deviation | 1.67 | |||
| Coefficient Of Variation | 2387.68 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.38 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0291 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.24 | |||
| Maximum Drawdown | 5.75 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.28 | |||
| Downside Variance | 2.78 | |||
| Semi Variance | 2.52 | |||
| Expected Short fall | (1.17) | |||
| Skewness | (0.09) | |||
| Kurtosis | 0.4148 |
Direxion Daily 20 Backtested Returns
At this point, Direxion Daily is very steady. Direxion Daily 20 secures Sharpe Ratio (or Efficiency) of 0.0569, which denotes the etf had a 0.0569 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Direxion Daily 20, which you can use to evaluate the volatility of the entity. Please confirm Direxion Daily's Downside Deviation of 1.67, coefficient of variation of 2387.68, and Mean Deviation of 1.2 to check if the risk estimate we provide is consistent with the expected return of 0.0847%. The etf shows a Beta (market volatility) of 0.23, 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 | -0.24 |
Weak reverse predictability
Direxion Daily 20 has weak reverse predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 29th of November 2025 to 13th of January 2026 and 13th of January 2026 to 27th 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 20 price movement. The serial correlation of -0.24 indicates that over 24.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 |
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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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.