Direxion Daily Etf Forecast - Daily Balance Of Power
| DRV Etf | USD 28.93 0.27 0.92% |
Direxion Etf Forecast is based on your current time horizon.
Direxion |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.8279 | 0.6829 |
| Check Direxion Daily Volatility | Backtest Direxion Daily | Trend Details |
Direxion Daily Trading Date Momentum
| On December 12 2024 Direxion Daily Real was traded for 25.92 at the closing time. Highest Direxion Daily's price during the trading hours was 25.92 and the lowest price during the day was 25.06 . The net volume was 164.1 K. The overall trading history on the 12th of December 2024 contributed to the next trading period price increase. The overall trading delta to the next next day price was 0.47% . The overall trading delta to current price is 1.32% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Direxion Daily
For every potential investor in Direxion, whether a beginner or expert, Direxion Daily's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Direxion Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Direxion. Basic forecasting techniques help filter out the noise by identifying Direxion Daily's price trends.Direxion Daily 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 Daily etf to make a market-neutral strategy. Peer analysis of Direxion Daily could also be used in its relative valuation, which is a method of valuing Direxion Daily by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Direxion Daily Real Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Direxion Daily's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Direxion Daily's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Direxion Daily Market Strength Events
Market strength indicators help investors to evaluate how Direxion Daily etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Direxion Daily shares will generate the highest return on investment. By undertsting and applying Direxion Daily etf market strength indicators, traders can identify Direxion Daily Real entry and exit signals to maximize returns.
| Accumulation Distribution | 4640.3 | |||
| Daily Balance Of Power | (0.31) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 29.32 | |||
| Day Typical Price | 29.19 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | (0.27) |
Direxion Daily Risk Indicators
The analysis of Direxion Daily's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Direxion Daily's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting direxion etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.51 | |||
| Semi Deviation | 2.43 | |||
| Standard Deviation | 3.2 | |||
| Variance | 10.25 | |||
| Downside Variance | 6.73 | |||
| Semi Variance | 5.88 | |||
| Expected Short fall | (2.93) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Check out Historical Fundamental Analysis of Direxion Daily to cross-verify your projections. 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 Real 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.