Direxion Shares Etf Market Value
| TSLS Etf | USD 5.28 0.06 1.15% |
| Symbol | Direxion |
The market value of Direxion Shares ETF 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 Shares' value that differs from its market value or its book value, called intrinsic value, which is Direxion Shares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Shares' market value can be influenced by many factors that don't directly affect Direxion Shares' 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 Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Direxion Shares on October 29, 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 Direxion Daily, Direxion Daily, Direxion Daily, ProShares UltraShort, Direxion Daily, Tuttle Capital, and ProShares Trust. The fund, under normal circumstances, invests in financial instruments, including swap agreements and options, that, in ... 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.
| Downside Deviation | 2.85 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 4.75 |
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 | 0.013 | |||
| Jensen Alpha | 0.1059 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.01) |
Direxion Shares January 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 | 0.013 | |||
| Market Risk Adjusted Performance | 0.0015 | |||
| Mean Deviation | 2.22 | |||
| Semi Deviation | 2.71 | |||
| Downside Deviation | 2.85 | |||
| Coefficient Of Variation | 13151.59 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.86 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.1059 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 4.75 | |||
| Downside Variance | 8.11 | |||
| Semi Variance | 7.35 | |||
| Expected Short fall | (2.31) | |||
| Skewness | 0.1165 | |||
| Kurtosis | (0.31) |
Direxion Shares ETF Backtested Returns
Currently, Direxion Shares ETF is slightly risky. Direxion Shares ETF secures Sharpe Ratio (or Efficiency) of 0.0399, which denotes the etf had a 0.0399 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Direxion Shares ETF, which you can use to evaluate the volatility of the entity. Please confirm Direxion Shares' Mean Deviation of 2.22, coefficient of variation of 13151.59, and Downside Deviation of 2.85 to check if the risk estimate we provide is consistent with the expected return of 0.11%. The etf shows a Beta (market volatility) of -1.33, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Direxion Shares are expected to decrease by larger amounts. On the other hand, during market turmoil, Direxion Shares is expected to outperform it.
Auto-correlation | 0.45 |
Average predictability
Direxion Shares ETF has average predictability. Overlapping area represents the amount of predictability between Direxion Shares time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th 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 Shares ETF price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Direxion Shares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Thematic Opportunities
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Check out Direxion Shares Correlation, Direxion Shares Volatility and Direxion Shares Alpha and Beta module to complement your research on Direxion Shares. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.