Direxion Daily 20 Etf Market Value
| TMV Etf | USD 33.94 0.19 0.56% |
| 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. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. 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.
| 11/20/2025 |
| 02/18/2026 |
If you would invest 0.00 in Direxion Daily on November 20, 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, ProShares UltraShort, BondBloxx ETF, Direxion Daily, Putnam ETF, and Invesco DB. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial ... 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 | 1.54 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.02 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.57 |
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 | 0.0101 | |||
| Jensen Alpha | 0.0173 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.0006) |
Direxion Daily February 18, 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 | 0.0101 | |||
| Market Risk Adjusted Performance | 0.0094 | |||
| Mean Deviation | 1.25 | |||
| Semi Deviation | 1.51 | |||
| Downside Deviation | 1.54 | |||
| Coefficient Of Variation | 15564.61 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.53 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0173 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.0006) | |||
| Maximum Drawdown | 8.02 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.57 | |||
| Downside Variance | 2.36 | |||
| Semi Variance | 2.28 | |||
| Expected Short fall | (1.34) | |||
| Skewness | 0.1023 | |||
| Kurtosis | 0.2683 |
Direxion Daily 20 Backtested Returns
Direxion Daily 20 secures Sharpe Ratio (or Efficiency) of -0.0224, which denotes the etf had a -0.0224 % return per unit of risk over the last 3 months. Direxion Daily 20 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Daily's Downside Deviation of 1.54, mean deviation of 1.25, and Coefficient Of Variation of 15564.61 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.4, which means possible diversification benefits within a given portfolio. 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 | -0.15 |
Insignificant reverse predictability
Direxion Daily 20 has insignificant reverse predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 20th of November 2025 to 4th of January 2026 and 4th of January 2026 to 18th 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 -0.15 indicates that less than 15.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.