Direxion Daily Tsm Etf Market Value
| TSMX Etf | 60.49 1.07 1.74% |
| Symbol | Direxion |
Direxion Daily TSM'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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic 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.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in Direxion Daily on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily TSM or generate 0.0% return on investment in Direxion Daily over 90 days. Direxion Daily is related to or competes with WisdomTree Cybersecurity, IShares Digital, Brookstone Growth, Allspring Exchange, US Vegan, Innovator Power, and First Trust. Direxion Daily is entity of United States 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 TSM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.73 | |||
| Information Ratio | 0.096 | |||
| Maximum Drawdown | 18.95 | |||
| Value At Risk | (6.89) | |||
| Potential Upside | 5.96 |
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 | 0.0896 | |||
| Jensen Alpha | 0.2979 | |||
| Total Risk Alpha | 0.1471 | |||
| Sortino Ratio | 0.0971 | |||
| Treynor Ratio | 0.1833 |
Direxion Daily January 30, 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 | 0.0896 | |||
| Market Risk Adjusted Performance | 0.1933 | |||
| Mean Deviation | 2.96 | |||
| Semi Deviation | 3.44 | |||
| Downside Deviation | 3.73 | |||
| Coefficient Of Variation | 890.51 | |||
| Standard Deviation | 3.77 | |||
| Variance | 14.24 | |||
| Information Ratio | 0.096 | |||
| Jensen Alpha | 0.2979 | |||
| Total Risk Alpha | 0.1471 | |||
| Sortino Ratio | 0.0971 | |||
| Treynor Ratio | 0.1833 | |||
| Maximum Drawdown | 18.95 | |||
| Value At Risk | (6.89) | |||
| Potential Upside | 5.96 | |||
| Downside Variance | 13.93 | |||
| Semi Variance | 11.8 | |||
| Expected Short fall | (3.18) | |||
| Skewness | (0.12) | |||
| Kurtosis | 0.4399 |
Direxion Daily TSM Backtested Returns
Direxion Daily appears to be very steady, given 3 months investment horizon. Direxion Daily TSM secures Sharpe Ratio (or Efficiency) of 0.0924, which denotes the etf had a 0.0924 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Direxion Daily TSM, which you can use to evaluate the volatility of the entity. Please utilize Direxion Daily's Coefficient Of Variation of 890.51, downside deviation of 3.73, and Mean Deviation of 2.96 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 2.26, 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 Daily will likely underperform.
Auto-correlation | 0.01 |
Virtually no predictability
Direxion Daily TSM has virtually no predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th 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 Daily TSM price movement. The serial correlation of 0.01 indicates that just 1.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 35.79 |
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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.