Direxion Daily Tsm Etf Market Value
| TSMZ Etf | 11.05 0.17 1.52% |
| 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.
| 11/09/2025 |
| 02/07/2026 |
If you would invest 0.00 in Direxion Daily on November 9, 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 YieldMax Short, YieldMax DIS, Tradr 2X, Defiance Daily, Defiance Daily, Direxion Daily, and Direxion Daily. 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.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.33 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.58 |
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 | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.5268 |
Direxion Daily February 7, 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 | (0.05) | |||
| Market Risk Adjusted Performance | 0.5368 | |||
| Mean Deviation | 1.61 | |||
| Coefficient Of Variation | (1,376) | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.09 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.5268 | |||
| Maximum Drawdown | 9.33 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.58 | |||
| Skewness | 0.0647 | |||
| Kurtosis | (0.02) |
Direxion Daily TSM Backtested Returns
Direxion Daily TSM secures Sharpe Ratio (or Efficiency) of -0.0932, which denotes the etf had a -0.0932 % return per unit of risk over the last 3 months. Direxion Daily TSM exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Daily's Standard Deviation of 2.02, mean deviation of 1.61, and Variance of 4.09 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.3, which means not very significant fluctuations relative to the market. 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 | 0.32 |
Below average predictability
Direxion Daily TSM has below average predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 9th of November 2025 to 24th of December 2025 and 24th of December 2025 to 7th 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 TSM price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Direxion Daily TSM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Daily's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Daily Tsm Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Tsm Etf: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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.