Direxion Monthly Nasdaq 100 Fund Price History
DXQLX Fund | USD 90.35 1.30 1.42% |
Below is the normalized historical share price chart for Direxion Monthly Nasdaq 100 extending back to May 01, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Direxion Monthly stands at 90.35, as last reported on the 29th of November, with the highest price reaching 90.35 and the lowest price hitting 90.35 during the day.
If you're considering investing in DIREXION Mutual Fund, it is important to understand the factors that can impact its price. Direxion Monthly appears to be very steady, given 3 months investment horizon. Direxion Monthly Nasdaq secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Direxion Monthly Nasdaq 100, which you can use to evaluate the volatility of the entity. Please utilize Direxion Monthly's Coefficient Of Variation of 1268.96, mean deviation of 1.33, and Downside Deviation of 2.23 to check if our risk estimates are consistent with your expectations.
DIREXION Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
DIREXION |
Sharpe Ratio = 0.1384
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Direxion Monthly is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Direxion Monthly by adding it to a well-diversified portfolio.
Direxion Monthly Mutual Fund Price History Chart
There are several ways to analyze Direxion Monthly Nasdaq 100 Fund price data. The simplest method is using a basic DIREXION candlestick price chart, which shows Direxion Monthly price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | November 8, 2024 | 93.27 |
Lowest Price | September 6, 2024 | 74.06 |
Direxion Monthly November 29, 2024 Mutual Fund Price Synopsis
Various analyses of Direxion Monthly's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell DIREXION Mutual Fund. It can be used to describe the percentage change in the price of Direxion Monthly from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of DIREXION Mutual Fund.Direxion Monthly Price Action Indicator | (0.65) | |
Direxion Monthly Price Rate Of Daily Change | 0.99 |
Direxion Monthly November 29, 2024 Mutual Fund Price Analysis
DIREXION Mutual Fund Price History Data
The price series of Direxion Monthly for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 19.21 with a coefficient of variation of 5.15. Under current investment horizon, the daily prices are spread out with arithmetic mean of 85.78. The median price for the last 90 days is 86.37. The company completed dividends distribution on January 2, 2020.Open | High | Low | Close | Volume | ||
11/29/2024 | 90.35 | 90.35 | 90.35 | 90.35 | ||
11/27/2024 | 90.35 | 90.35 | 90.35 | 90.35 | 1.00 | |
11/26/2024 | 91.65 | 91.65 | 91.65 | 91.65 | 1.00 | |
11/25/2024 | 90.81 | 90.81 | 90.81 | 90.81 | 1.00 | |
11/22/2024 | 90.60 | 90.60 | 90.60 | 90.60 | 1.00 | |
11/21/2024 | 90.38 | 90.38 | 90.38 | 90.38 | 1.00 | |
11/20/2024 | 89.83 | 89.83 | 89.83 | 89.83 | 1.00 | |
11/19/2024 | 89.96 | 89.96 | 89.96 | 89.96 | 1.00 | |
11/18/2024 | 88.90 | 88.90 | 88.90 | 88.90 | 1.00 | |
11/15/2024 | 87.84 | 87.84 | 87.84 | 87.84 | 1.00 | |
11/14/2024 | 91.58 | 91.58 | 91.58 | 91.58 | 1.00 | |
11/13/2024 | 92.64 | 92.64 | 92.64 | 92.64 | 1.00 | |
11/12/2024 | 92.89 | 92.89 | 92.89 | 92.89 | 1.00 | |
11/11/2024 | 93.17 | 93.17 | 93.17 | 93.17 | 1.00 | |
11/08/2024 | 93.27 | 93.27 | 93.27 | 93.27 | 1.00 | |
11/07/2024 | 93.16 | 93.16 | 93.16 | 93.16 | 1.00 | |
11/06/2024 | 90.78 | 90.78 | 90.78 | 90.78 | 1.00 | |
11/05/2024 | 86.70 | 86.70 | 86.70 | 86.70 | 1.00 | |
11/04/2024 | 84.78 | 84.78 | 84.78 | 84.78 | 1.00 | |
11/01/2024 | 85.28 | 85.28 | 85.28 | 85.28 | 1.00 | |
10/31/2024 | 84.25 | 84.25 | 84.25 | 84.25 | 1.00 | |
10/30/2024 | 88.01 | 88.01 | 88.01 | 88.01 | 1.00 | |
10/29/2024 | 89.22 | 89.22 | 89.22 | 89.22 | 1.00 | |
10/28/2024 | 87.75 | 87.75 | 87.75 | 87.75 | 1.00 | |
10/25/2024 | 87.76 | 87.76 | 87.76 | 87.76 | 1.00 | |
10/24/2024 | 86.90 | 86.90 | 86.90 | 86.90 | 1.00 | |
10/23/2024 | 85.68 | 85.68 | 85.68 | 85.68 | 1.00 | |
10/22/2024 | 88.05 | 88.05 | 88.05 | 88.05 | 1.00 | |
10/21/2024 | 87.90 | 87.90 | 87.90 | 87.90 | 1.00 | |
10/18/2024 | 87.63 | 87.63 | 87.63 | 87.63 | 1.00 | |
10/17/2024 | 86.68 | 86.68 | 86.68 | 86.68 | 1.00 | |
10/16/2024 | 86.57 | 86.57 | 86.57 | 86.57 | 1.00 | |
10/15/2024 | 86.51 | 86.51 | 86.51 | 86.51 | 1.00 | |
10/14/2024 | 88.60 | 88.60 | 88.60 | 88.60 | 1.00 | |
10/11/2024 | 87.35 | 87.35 | 87.35 | 87.35 | 1.00 | |
10/10/2024 | 87.17 | 87.17 | 87.17 | 87.17 | 1.00 | |
10/09/2024 | 87.37 | 87.37 | 87.37 | 87.37 | 1.00 | |
10/08/2024 | 86.18 | 86.18 | 86.18 | 86.18 | 1.00 | |
10/07/2024 | 83.92 | 83.92 | 83.92 | 83.92 | 1.00 | |
10/04/2024 | 85.64 | 85.64 | 85.64 | 85.64 | 1.00 | |
10/03/2024 | 83.89 | 83.89 | 83.89 | 83.89 | 1.00 | |
10/02/2024 | 83.99 | 83.99 | 83.99 | 83.99 | 1.00 | |
10/01/2024 | 83.77 | 83.77 | 83.77 | 83.77 | 1.00 | |
09/30/2024 | 85.91 | 85.91 | 85.91 | 85.91 | 1.00 | |
09/27/2024 | 85.54 | 85.54 | 85.54 | 85.54 | 1.00 | |
09/26/2024 | 86.37 | 86.37 | 86.37 | 86.37 | 1.00 | |
09/25/2024 | 85.32 | 85.32 | 85.32 | 85.32 | 1.00 | |
09/24/2024 | 85.15 | 85.15 | 85.15 | 85.15 | 1.00 | |
09/23/2024 | 84.47 | 84.47 | 84.47 | 84.47 | 1.00 | |
09/20/2024 | 84.05 | 84.05 | 84.05 | 84.05 | 1.00 | |
09/19/2024 | 84.43 | 84.43 | 84.43 | 84.43 | 1.00 | |
09/18/2024 | 80.79 | 80.79 | 80.79 | 80.79 | 1.00 | |
09/17/2024 | 81.45 | 81.45 | 81.45 | 81.45 | 1.00 | |
09/16/2024 | 81.39 | 81.39 | 81.39 | 81.39 | 1.00 | |
09/13/2024 | 82.06 | 82.06 | 82.06 | 82.06 | 1.00 | |
09/12/2024 | 81.42 | 81.42 | 81.42 | 81.42 | 1.00 | |
09/11/2024 | 80.06 | 80.06 | 80.06 | 80.06 | 1.00 | |
09/10/2024 | 77.06 | 77.06 | 77.06 | 77.06 | 1.00 | |
09/09/2024 | 75.82 | 75.82 | 75.82 | 75.82 | 1.00 | |
09/06/2024 | 74.06 | 74.06 | 74.06 | 74.06 | 1.00 | |
09/05/2024 | 77.85 | 77.85 | 77.85 | 77.85 | 1.00 |
About Direxion Monthly Mutual Fund history
Direxion Monthly investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DIREXION is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Direxion Monthly Nasdaq will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Direxion Monthly stock prices may prove useful in developing a viable investing in Direxion Monthly
The fund, under normal circumstances, invests at least 80 percent of its net assets in securities of the index, exchange-traded funds that track the index and other financial instruments that provide monthly leveraged exposure to the index or to ETFs that track the index. The index includes 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market based on market capitalization. The fund is non-diversified.
Direxion Monthly Mutual Fund Technical Analysis
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.
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Direxion Monthly Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Direxion Monthly's price direction in advance. Along with the technical and fundamental analysis of DIREXION Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of DIREXION to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0664 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | 0.0117 | |||
Treynor Ratio | 0.0836 |
Cycle Indicators | ||
Math Operators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
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