Direxion Monthly 7 10 Fund Technical Analysis
| DXKSX Fund | USD 28.84 0.19 0.65% |
As of the 29th of November, Direxion Monthly shows the Coefficient Of Variation of 652.64, downside deviation of 0.6888, and Mean Deviation of 0.4813. Direxion Monthly 7 technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Direxion Monthly Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Direxion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DirexionDirexion |
Direxion Monthly technical mutual fund 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, fund market cycles, or different charting patterns.
Direxion Monthly 7 Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Direxion Monthly 7 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Direxion Monthly 7 Trend Analysis
Use this graph to draw trend lines for Direxion Monthly 7 10. You can use it to identify possible trend reversals for Direxion Monthly as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Direxion Monthly price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Direxion Monthly Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Direxion Monthly 7 10 applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Direxion Monthly 7 10 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 128.77, which is the sum of squared deviations for the predicted Direxion Monthly price change compared to its average price change.About Direxion Monthly Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Direxion Monthly 7 10 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Direxion Monthly 7 10 based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Direxion Monthly 7 price pattern first instead of the macroeconomic environment surrounding Direxion Monthly 7. By analyzing Direxion Monthly's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Direxion Monthly's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Direxion Monthly specific price patterns or momentum indicators. Please read more on our technical analysis page.
Direxion Monthly November 29, 2024 Technical Indicators
Most technical analysis of Direxion help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Direxion from various momentum indicators to cycle indicators. When you analyze Direxion charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1158 | |||
| Market Risk Adjusted Performance | 0.4776 | |||
| Mean Deviation | 0.4813 | |||
| Semi Deviation | 0.525 | |||
| Downside Deviation | 0.6888 | |||
| Coefficient Of Variation | 652.64 | |||
| Standard Deviation | 0.6589 | |||
| Variance | 0.4341 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0685 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4676 | |||
| Maximum Drawdown | 3.66 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.14 | |||
| Downside Variance | 0.4745 | |||
| Semi Variance | 0.2757 | |||
| Expected Short fall | (0.52) | |||
| Skewness | (0.05) | |||
| Kurtosis | 1.12 |
Other Information on Investing in Direxion Mutual Fund
Direxion Monthly financial ratios help investors to determine whether Direxion Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Direxion with respect to the benefits of owning Direxion Monthly security.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |