Direxion Shares Etf Analysis
| URAA Etf | 25.12 0.04 0.16% |
Direxion Shares ETF is overvalued with Real Value of 22.59 and Hype Value of 26.1. The main objective of Direxion Shares etf analysis is to determine its intrinsic value, which is an estimate of what Direxion Shares ETF is worth, separate from its market price. There are two main types of Direxion Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Direxion Shares ETF. On the other hand, technical analysis, focuses on the price and volume data of Direxion Etf to identify patterns and trends that may indicate its future price movements.
The Direxion Shares 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Direxion Shares' ongoing operational relationships across important fundamental and technical indicators.
Direxion |
Direxion Etf Analysis Notes
Direxion Shares 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 14 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 1.46 percent of total asset. It is possible that Direxion Shares ETF etf was renamed or delisted.Direxion Shares ETF Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Direxion Shares' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Direxion Shares ETF or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Direxion Shares ETF appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: URA The Uranium Trade Isnt Too Crowded Yet - Seeking Alpha |
Direxion Shares Thematic Classifications
In addition to having Direxion Shares 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.
 | Sector ETFsUSA ETFs from Sector clasification | |
| Energy ETFsUSA ETFs from Energy clasification |
Management Efficiency
Direxion Shares' management efficiency ratios could be used to measure how well Direxion Shares manages its routine affairs as well as how well it operates its assets and liabilities.Evaluating the management effectiveness of Direxion Shares allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Direxion Etf analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Total Assets 8.1 M |
Top Direxion Shares ETF Etf Constituents
| URA | Global X Uranium | Etf | |
| URNM | Sprott Uranium Miners | Etf |
Technical Drivers
As of the 28th of November, Direxion Shares shows the Coefficient Of Variation of 1031.4, mean deviation of 3.66, and Downside Deviation of 4.36. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Direxion Shares, as well as the relationship between them.Direxion Shares ETF Price Movement 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 Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Direxion Shares 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 Shares ETF. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Direxion Shares Predictive Daily Indicators
Direxion Shares 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 Shares 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.
| Accumulation Distribution | 1054.32 | |||
| Daily Balance Of Power | 0.046 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 25.27 | |||
| Day Typical Price | 25.22 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | 0.04 |
Direxion Shares Forecast Models
Direxion Shares' time-series forecasting models are one of many Direxion Shares' 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 Shares' 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.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 Shares to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Shares ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Direxion Shares ETF 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 Shares' value that differs from its market value or its book value, called intrinsic value, which is Direxion Shares' 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 Shares' market value can be influenced by many factors that don't directly affect Direxion Shares' 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 Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Shares' 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.