Direxion Daily Dow Etf Analysis

WEBS Etf  USD 35.83  0.76  2.08%   
Direxion Daily Dow is fairly valued with Real Value of 35.11 and Hype Value of 34.36. The main objective of Direxion Daily etf analysis is to determine its intrinsic value, which is an estimate of what Direxion Daily Dow 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.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Direxion Daily Dow. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

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 12 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 1.13 percent of total asset. The fund keeps most of the net assets in exotic instruments. Direxion Daily Dow last dividend was 0.032 per share. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80 percent of the funds net assets. DJ Internet is traded on NYSEARCA Exchange in the United States. For more information please call the company at NA.

Direxion Daily Dow Investment Alerts

Direxion Daily Dow generated a negative expected return over the last 90 days
Direxion Daily Dow has high historical volatility and very poor performance
Latest headline from finance.yahoo.com: WEBs and Syntax Data Partner to Launch New Defined Volatility Indexes
Direxion Daily Dow created five year return of -55.0%
This fund keeps most of the net assets in exotic instruments.

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.
Large Cap ETFs Idea
Large Cap ETFs
USA ETFs from Large Cap clasification
Size And Style ETFs Idea
Size And Style ETFs
USA ETFs from Size And Style 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.
Direxion Daily's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Returns 3 Y
(36.14)
Returns 5 Y
(55.49)
Returns 1 Y
(67.00)
Total Assets
14.5 M
Yield
8.12

Technical Drivers

As of the 27th of November, Direxion Daily shows the Standard Deviation of 3.19, mean deviation of 2.26, and Variance of 10.18. 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 Dow market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Direxion Daily Dow is priced favorably, providing market reflects its regular price of 35.83 per share.

Direxion Daily Dow Price Movement Analysis

Execute Study
java.lang.NullPointerException: Cannot invoke "java.lang.Number.intValue()" because the return value of "sun.invoke.util.ValueConversions.primitiveConversion(sun.invoke.util.Wrapper, Object, boolean)" is null. The output start index for this execution was zero with a total number of output elements of zero. 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 Dow. 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 Dow 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 Dow 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, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80 percent of the funds net assets. DJ Internet is traded on NYSEARCA Exchange in the United States.

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 Daily to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Equity Forecasting Now

   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
All  Next Launch Module
When determining whether Direxion Daily Dow is a strong investment it is important to analyze Direxion Daily's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion Daily's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Direxion Daily Dow. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Direxion Daily Dow 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.