Direxion Shares Etf Analysis
| QQQU Etf | 42.68 1.07 2.57% |
Direxion Shares ETF is overvalued with Real Value of 40.97 and Hype Value of 42.75. The main objective of Direxion Shares etf analysis is to determine its intrinsic value, which is an estimate of what Direxion Shares ETF is worth, separate from its market price. There are two main types of Direxion Etf analysis: fundamental analysis and technical analysis.
The Direxion Shares etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Direxion |
Direxion Etf Analysis Notes
Direxion Shares is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 14 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 1.09 percent of total asset. It is possible that Direxion Shares ETF etf was renamed or delisted.Sector Exposure
Direxion Shares ETF constituents include assets from different sectors. As a result, investing in Direxion Shares lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in Direxion Shares because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among Direxion Shares' constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Direxion Shares ETF Investment Alerts
| Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily |
Direxion Shares Thematic Classifications
In addition to having Direxion Shares etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Size And Style ETFsUSA ETFs from Size And Style clasification | |
| Large Cap ETFsUSA ETFs from Large Cap clasification |
Management Efficiency
Direxion Shares' management efficiency ratios could be used to measure how well Direxion Shares manages its routine affairs as well as how well it operates its assets and liabilities.At Direxion Shares ETF, management's focus on innovation and efficiency has led to impressive financial results. We assess these factors to determine the stock's attractiveness to investors.
Total Assets 17.1 M |
Top Direxion Shares ETF Etf Constituents
| TSLA | Tesla Inc | Stock | |
| NVDA | NVIDIA | Stock | |
| GOOGL | Alphabet Inc Class A | Stock | |
| AAPL | Apple Inc | Stock | |
| META | Meta Platforms | Stock | |
| MSFT | Microsoft | Stock | |
| AMZN | Amazon Inc | Stock |
Technical Drivers
As of the 30th of November, Direxion Shares shows the Mean Deviation of 2.15, downside deviation of 2.94, and Coefficient Of Variation of 593.65. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Direxion Shares, as well as the relationship between them.Direxion Shares ETF Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Direxion Shares middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Direxion Shares ETF. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Direxion Shares Predictive Daily Indicators
Direxion Shares intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Direxion Shares etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Direxion Shares Forecast Models
Direxion Shares' time-series forecasting models are one of many Direxion Shares' etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Direxion Shares' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Direxion Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Direxion Shares prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Direxion shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Direxion Shares. By using and applying Direxion Etf analysis, traders can create a robust methodology for identifying Direxion entry and exit points for their positions.
Direxion Shares is entity of United States. It is traded as Etf on NYSE ARCA exchange.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Direxion Shares to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio File Import Now
Portfolio File ImportQuickly import all of your third-party portfolios from your local drive in csv format |
| All Next | Launch Module |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Direxion Shares ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.