Direxion Etf Profile

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Direxion Etf Highlights

Old NameDirexion Daily Mid Cap Bear 3X Shares
Business ConcentrationTrading--Inverse Equity, Direxion Funds (View all Sectors)
Nav Price70.9
Two Hundred Day Average74.33
Ytd81.18%
Fifty Two Week Low38.16
As Of Date29th of February 2020
Fifty Two Week High138.14
One Month26.76%
Fifty Day Average74.33
Three Month81.18%
Beta In Three Year(3.52)
Direxion [MIDZ] is traded in USA and was established 2009-01-08. The fund is listed under Trading--Inverse Equity category and is part of Direxion Funds family. Direxion now have 6.59 M in assets. , while the total return for the last 3 years was -7.76%.
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Direxion Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Direxion etf to make a market-neutral strategy. Peer analysis of Direxion could also be used in its relative valuation, which is a method of valuing Direxion by comparing valuation metrics with similar companies.
 Risk & Return  Correlation
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Other Tools for Direxion Etf

When running Direxion's price analysis, check to measure Direxion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Direxion is operating at the current time. Most of Direxion's value examination focuses on studying past and present price action to predict the probability of Direxion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direxion's price. Additionally, you may evaluate how the addition of Direxion to your portfolios can decrease your overall portfolio volatility.
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