Direxion Daily Real Etf Price History
DRN Etf | USD 12.50 0.28 2.29% |
Below is the normalized historical share price chart for Direxion Daily Real extending back to July 16, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Direxion Daily stands at 12.50, as last reported on the 23rd of November, with the highest price reaching 12.58 and the lowest price hitting 12.35 during the day.
If you're considering investing in Direxion Etf, it is important to understand the factors that can impact its price. As of now, Direxion Etf is not too volatile. Direxion Daily Real secures Sharpe Ratio (or Efficiency) of 0.0287, which denotes the etf had a 0.0287% return per unit of risk over the last 3 months. We have found thirty technical indicators for Direxion Daily Real, which you can use to evaluate the volatility of the entity. Please confirm Direxion Daily's Downside Deviation of 3.03, mean deviation of 2.17, and Coefficient Of Variation of 1722.65 to check if the risk estimate we provide is consistent with the expected return of 0.077%.
Direxion Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 65.78 | 200 Day MA 10.2954 | 1 y Volatility 62.31 | 50 Day MA 12.5824 | Inception Date 2009-07-16 |
Direxion |
Sharpe Ratio = 0.0287
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Cash | Small Risk | DRN | High Risk | Huge Risk |
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Estimated Market Risk
2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Direxion Daily is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Direxion Daily by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 45.8 K |
Direxion Daily Etf Price History Chart
There are several ways to analyze Direxion Daily Real Etf price data. The simplest method is using a basic Direxion candlestick price chart, which shows Direxion Daily price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | September 16, 2024 | 13.83 |
Lowest Price | November 6, 2024 | 11.4 |
Direxion Daily November 23, 2024 Etf Price Synopsis
Various analyses of Direxion Daily's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Direxion Etf. It can be used to describe the percentage change in the price of Direxion Daily from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Direxion Etf.Direxion Daily Price Action Indicator | 0.17 | |
Direxion Daily Price Rate Of Daily Change | 1.02 | |
Direxion Daily Price Daily Balance Of Power | 1.22 |
Direxion Daily November 23, 2024 Etf Price Analysis
Direxion Etf Price History Data
The price series of Direxion Daily for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 2.43 with a coefficient of variation of 5.01. Under current investment horizon, the daily prices are spread out with arithmetic mean of 12.57. The median price for the last 90 days is 12.5. The company completed dividends distribution on 23rd of June 2020.Open | High | Low | Close | Volume | ||
11/23/2024 | 12.38 | 12.58 | 12.35 | 12.50 | ||
11/22/2024 | 12.38 | 12.58 | 12.35 | 12.50 | 627,284 | |
11/21/2024 | 12.12 | 12.35 | 11.89 | 12.22 | 524,468 | |
11/20/2024 | 11.95 | 12.04 | 11.72 | 12.00 | 701,058 | |
11/19/2024 | 11.84 | 12.16 | 11.66 | 12.05 | 731,840 | |
11/18/2024 | 11.45 | 11.92 | 11.39 | 11.91 | 571,655 | |
11/15/2024 | 11.45 | 11.66 | 11.31 | 11.61 | 1,325,200 | |
11/14/2024 | 11.85 | 11.85 | 11.53 | 11.57 | 1,081,000 | |
11/13/2024 | 11.97 | 12.17 | 11.84 | 11.90 | 1,029,300 | |
11/12/2024 | 12.03 | 12.12 | 11.62 | 11.62 | 1,012,700 | |
11/11/2024 | 12.35 | 12.55 | 12.08 | 12.10 | 1,124,592 | |
11/08/2024 | 11.95 | 12.53 | 11.95 | 12.43 | 937,874 | |
11/07/2024 | 11.57 | 11.92 | 11.47 | 11.83 | 1,132,472 | |
11/06/2024 | 12.20 | 12.27 | 11.04 | 11.40 | 2,374,228 | |
11/05/2024 | 11.73 | 12.41 | 11.63 | 12.41 | 602,211 | |
11/04/2024 | 11.65 | 11.98 | 11.64 | 11.94 | 725,187 | |
11/01/2024 | 12.12 | 12.20 | 11.52 | 11.54 | 1,059,116 | |
10/31/2024 | 12.23 | 12.52 | 11.94 | 11.94 | 1,488,596 | |
10/30/2024 | 12.50 | 12.87 | 12.45 | 12.62 | 750,200 | |
10/29/2024 | 12.65 | 12.87 | 12.40 | 12.48 | 1,115,700 | |
10/28/2024 | 12.93 | 13.19 | 12.74 | 12.83 | 737,217 | |
10/25/2024 | 13.29 | 13.50 | 12.67 | 12.72 | 932,600 | |
10/24/2024 | 12.97 | 13.25 | 12.94 | 13.03 | 622,617 | |
10/23/2024 | 12.44 | 12.98 | 12.36 | 12.95 | 872,358 | |
10/22/2024 | 12.37 | 12.71 | 12.31 | 12.57 | 589,402 | |
10/21/2024 | 13.15 | 13.28 | 12.45 | 12.51 | 1,122,083 | |
10/18/2024 | 13.19 | 13.34 | 12.99 | 13.34 | 481,250 | |
10/17/2024 | 13.28 | 13.28 | 12.92 | 13.07 | 750,908 | |
10/16/2024 | 13.05 | 13.39 | 12.95 | 13.32 | 832,712 | |
10/15/2024 | 12.62 | 13.26 | 12.62 | 12.97 | 1,071,863 | |
10/14/2024 | 12.16 | 12.54 | 12.04 | 12.50 | 944,817 | |
10/11/2024 | 12.00 | 12.24 | 11.95 | 12.24 | 531,615 | |
10/10/2024 | 11.99 | 12.28 | 11.75 | 11.87 | 927,093 | |
10/09/2024 | 12.10 | 12.22 | 11.96 | 12.20 | 827,542 | |
10/08/2024 | 12.22 | 12.29 | 12.02 | 12.16 | 1,071,451 | |
10/07/2024 | 12.12 | 12.16 | 11.88 | 12.05 | 1,114,353 | |
10/04/2024 | 12.44 | 12.44 | 11.99 | 12.36 | 1,902,956 | |
10/03/2024 | 12.83 | 12.99 | 12.50 | 12.62 | 1,288,881 | |
10/02/2024 | 12.76 | 13.03 | 12.72 | 13.00 | 1,318,204 | |
10/01/2024 | 13.50 | 13.56 | 12.97 | 13.16 | 1,218,167 | |
09/30/2024 | 12.88 | 13.41 | 12.84 | 13.37 | 1,064,356 | |
09/27/2024 | 13.19 | 13.38 | 13.00 | 13.06 | 1,030,871 | |
09/26/2024 | 13.51 | 13.51 | 12.87 | 13.01 | 1,560,760 | |
09/25/2024 | 13.65 | 13.78 | 13.30 | 13.44 | 1,265,680 | |
09/24/2024 | 13.48 | 13.74 | 13.24 | 13.62 | 1,248,410 | |
09/23/2024 | 13.45 | 13.63 | 13.34 | 13.62 | 1,249,683 | |
09/20/2024 | 12.99 | 13.22 | 12.91 | 13.19 | 1,260,501 | |
09/19/2024 | 13.75 | 13.75 | 13.00 | 13.24 | 2,150,916 | |
09/18/2024 | 13.54 | 13.92 | 13.30 | 13.36 | 2,339,486 | |
09/17/2024 | 13.85 | 13.95 | 13.34 | 13.48 | 1,910,497 | |
09/16/2024 | 13.90 | 14.01 | 13.70 | 13.83 | 1,614,986 | |
09/13/2024 | 13.59 | 13.70 | 13.46 | 13.69 | 1,274,064 | |
09/12/2024 | 13.39 | 13.46 | 12.95 | 13.41 | 1,437,766 | |
09/11/2024 | 13.10 | 13.38 | 12.61 | 13.35 | 2,582,434 | |
09/10/2024 | 12.92 | 13.48 | 12.87 | 13.46 | 1,994,350 | |
09/09/2024 | 12.40 | 12.87 | 12.29 | 12.79 | 1,645,451 | |
09/06/2024 | 12.37 | 12.40 | 12.00 | 12.35 | 2,359,399 | |
09/05/2024 | 12.75 | 12.76 | 12.26 | 12.35 | 1,849,829 | |
09/04/2024 | 12.45 | 12.85 | 12.27 | 12.50 | 2,249,949 | |
09/03/2024 | 12.12 | 12.56 | 12.03 | 12.42 | 2,532,360 | |
08/30/2024 | 12.08 | 12.32 | 11.85 | 12.30 | 1,733,447 |
About Direxion Daily Etf history
Direxion Daily investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Direxion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Direxion Daily Real will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Direxion Daily stock prices may prove useful in developing a viable investing in Direxion Daily
The fund invests at least 80 percent of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. Real Estate is traded on NYSEARCA Exchange in the United States.
Direxion Daily Etf Technical Analysis
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.
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Direxion Daily Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Direxion Daily's price direction in advance. Along with the technical and fundamental analysis of Direxion Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Direxion to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0517 | |||
Jensen Alpha | 0.1338 | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | 0.0097 | |||
Treynor Ratio | 1.11 |
Cycle Indicators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direxion Daily Real. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Direxion Daily Real 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's 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 Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's 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 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.