Direxion Daily Semiconductor Etf Analysis
| SOXL Etf | USD 29.33 0.84 2.95% |
Direxion Daily Semiconductor is overvalued with Real Value of 27.79 and Hype Value of 28.9. The main objective of Direxion Daily etf analysis is to determine its intrinsic value, which is an estimate of what Direxion Daily Semiconductor is worth, separate from its market price. There are two main types of Direxion Etf analysis: fundamental analysis and technical analysis.
The Direxion Daily 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 Daily 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 69 constituents with avarage daily trading value of 80 M. The fund charges 0.75 percent management fee with a total expences of 0.92 percent of total asset. The fund created five year return of 16.0%. Direxion Daily Semic last dividend was 0.094 per share. 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. Semiconductor Bull is traded on NYSEARCA Exchange in the United States. To find out more about Direxion Daily Semiconductor contact the company at NA.Direxion Daily Semic Investment Alerts
| Direxion Daily Semic generated a negative expected return over the last 90 days | |
| Direxion Daily Semic has high historical volatility and very poor performance | |
| Latest headline from thelincolnianonline.com: Verus Capital Partners LLC Acquires 2,545 Shares of Direxion Daily Semiconductors Bull 3x Shares | |
| The fund created three year return of -24.0% |
Direxion Daily Thematic Classifications
In addition to having Direxion Daily 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.
 | Sector ETFsUSA ETFs from Sector clasification | |
| Information Technology ETFsUSA ETFs from Information Technology clasification |
Management Efficiency
Direxion Daily's management efficiency ratios could be used to measure how well Direxion Daily manages its routine affairs as well as how well it operates its assets and liabilities.The management strategies employed by Direxion Daily's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Returns 3 Y (23.67) | Returns 5 Y 15.63 | Returns 1 Y 24.78 | Total Assets 11 B | Yield 1.03 |
Top Direxion Daily Semiconductor Etf Constituents
| SWKS | Skyworks Solutions | Stock | |
| MRVL | Marvell Technology Group | Stock | |
| TXN | Texas Instruments Incorporated | Stock | |
| TSM | Taiwan Semiconductor Manufacturing | Stock | |
| QCOM | Qualcomm Incorporated | Stock | |
| NXPI | NXP Semiconductors NV | Stock | |
| NVDA | NVIDIA | Stock | |
| MU | Micron Technology | Stock | |
| ADI | Analog Devices | Stock | |
| LRCX | Lam Research Corp | Stock | |
| INTC | Intel | Stock | |
| AVGO | Broadcom | Stock | |
| ASML | ASML Holding NV | Stock | |
| AMD | Advanced Micro Devices | Stock | |
| AMAT | Applied Materials | Stock | |
| MCHP | Microchip Technology | Stock |
Technical Drivers
As of the 26th of November, Direxion Daily shows the Mean Deviation of 4.57, variance of 40.07, and Standard Deviation of 6.33. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Direxion Daily, as well as the relationship between them. Please confirm Direxion Daily Semic risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Direxion Daily Semic is priced favorably, providing market reflects its regular price of 29.33 per share.Direxion Daily Semic Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Direxion Daily 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 Daily Semic. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Direxion Daily Outstanding Bonds
Direxion Daily issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Direxion Daily Semic uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Direxion bonds can be classified according to their maturity, which is the date when Direxion Daily Semiconductor has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Direxion Daily Predictive Daily Indicators
Direxion Daily 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 Daily 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 Daily Forecast Models
Direxion Daily's time-series forecasting models are one of many Direxion Daily's 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 Daily's 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 Daily 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 Daily. By using and applying Direxion Etf analysis, traders can create a robust methodology for identifying Direxion entry and exit points for their positions.
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. Semiconductor Bull is traded on NYSEARCA Exchange in the United States.
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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 Daily to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Daily Semiconductor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of Direxion Daily Semic 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.