Direxion Daily Travel Etf Price History

OOTO Etf  USD 20.01  0.07  0.35%   
If you're considering investing in Direxion Etf, it is important to understand the factors that can impact its price. As of today, the current price of Direxion Daily stands at 20.01, as last reported on the 17th of December 2024, with the highest price reaching 20.01 and the lowest price hitting 20.01 during the day. Direxion Daily appears to be very steady, given 3 months investment horizon. Direxion Daily Travel secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the etf had a 0.3% return per unit of risk over the last 3 months. By reviewing Direxion Daily's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize Direxion Daily's Coefficient Of Variation of 314.73, downside deviation of 1.39, and Mean Deviation of 1.52 to check if our risk estimates are consistent with your expectations.
  
Direxion Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2968

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 0.62
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.3
  actual daily
23
77% of assets perform better
Based on monthly moving average Direxion Daily is performing at about 23% 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 Daily by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
25.2 K

Direxion Daily Etf Price History Chart

There are several ways to analyze Direxion Daily Travel Etf price data. The simplest method is using a basic Direxion candlestick price chart, which shows Direxion Daily 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 PriceDecember 5, 202421.06
Lowest PriceSeptember 23, 202414.45

Direxion Daily December 17, 2024 Etf Price Synopsis

Various analyses of Direxion Daily's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Direxion Etf. It can be used to describe the percentage change in the price of Direxion Daily 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 Etf.
Direxion Daily Price Action Indicator(0.03)
Direxion Daily Price Rate Of Daily Change 1.00 

Direxion Daily December 17, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in Direxion Daily Travel Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Direxion Daily intraday prices and daily technical indicators to check the level of noise trading in Direxion Daily Travel Etf and then apply it to test your longer-term investment strategies against Direxion.

Direxion Etf Price History Data

The price series of Direxion Daily for the period between Wed, Sep 18, 2024 and Tue, Dec 17, 2024 has a statistical range of 7.8 with a coefficient of variation of 12.64. The daily prices for the period are spread out with arithmetic mean of 17.53. The median price for the last 90 days is 17.08.
OpenHighLowCloseVolume
12/17/2024
 20.08  20.01  20.01  20.01 
12/16/2024 20.14  20.41  20.08  20.08  4,000 
12/13/2024 20.44  20.44  20.21  20.27  10,200 
12/12/2024 21.18  21.18  20.62  20.68  7,861 
12/11/2024 20.90  21.11  20.82  21.00  7,686 
12/10/2024 20.66  20.84  20.45  20.48  14,947 
12/09/2024 21.42  21.43  20.48  20.56  7,870 
12/06/2024 21.30  21.31  20.91  21.00  11,720 
12/05/2024 20.99  21.29  20.99  21.06  16,676 
12/04/2024 20.20  20.70  20.20  20.66  19,467 
12/03/2024 20.39  20.39  20.16  20.21  5,500 
12/02/2024 20.15  20.35  20.08  20.31  4,318 
11/29/2024 20.10  20.30  20.10  20.19  6,000 
11/27/2024 19.94  19.96  19.90  19.92  853.00 
11/26/2024 20.00  20.17  19.90  19.98  2,400 
11/25/2024 19.94  20.39  19.94  20.16  10,500 
11/22/2024 19.61  19.74  19.56  19.70  10,062 
11/21/2024 19.35  19.60  19.20  19.50  36,036 
11/20/2024 18.99  19.12  18.91  19.12  2,809 
11/19/2024 18.65  18.96  18.65  18.96  2,186 
11/18/2024 18.64  18.90  18.64  18.84  2,709 
11/15/2024 18.90  18.90  18.67  18.83  9,500 
11/14/2024 19.10  19.47  18.93  18.93  10,500 
11/13/2024 18.96  19.18  18.96  19.08  7,900 
11/12/2024 19.11  19.11  18.75  19.03  8,400 
11/11/2024 18.80  19.29  18.80  19.23  14,305 
11/08/2024 18.60  18.91  18.60  18.72  8,750 
11/07/2024 18.79  19.00  18.71  18.72  12,969 
11/06/2024 17.97  18.80  17.97  18.79  56,260 
11/05/2024 17.42  17.42  17.32  17.36  7,337 
11/04/2024 16.94  17.12  16.94  16.99  7,612 
11/01/2024 16.99  17.42  16.99  17.06  24,586 
10/31/2024 17.53  17.70  17.03  17.03  9,000 
10/30/2024 17.41  17.63  17.20  17.47  5,700 
10/29/2024 17.26  17.57  17.26  17.50  8,495 
10/28/2024 17.14  17.43  17.14  17.28  10,010 
10/25/2024 17.02  17.02  16.73  16.73  10,428 
10/24/2024 16.58  16.74  16.49  16.72  11,916 
10/23/2024 16.75  16.75  16.41  16.45  4,400 
10/22/2024 16.79  16.93  16.79  16.93  1,311 
10/21/2024 17.31  17.31  16.77  16.89  4,900 
10/18/2024 17.19  17.19  16.96  17.08  9,119 
10/17/2024 17.00  17.00  16.77  16.87  7,666 
10/16/2024 16.56  16.97  16.52  16.96  8,528 
10/15/2024 16.45  16.67  16.26  16.28  15,800 
10/14/2024 16.25  16.49  16.25  16.45  8,111 
10/11/2024 16.15  16.41  16.14  16.36  10,100 
10/10/2024 15.99  16.20  15.99  16.15  4,556 
10/09/2024 15.68  16.15  15.68  16.11  13,197 
10/08/2024 15.66  15.83  15.66  15.76  4,862 
10/07/2024 15.95  15.99  15.71  15.82  16,085 
10/04/2024 15.56  16.00  15.56  16.00  16,322 
10/03/2024 15.09  15.16  15.03  15.16  2,249 
10/02/2024 15.15  15.36  15.15  15.36  1,647 
10/01/2024 15.05  15.33  15.05  15.21  3,800 
09/30/2024 14.15  15.55  14.15  15.34  8,800 
09/27/2024 15.66  15.89  15.66  15.72  10,038 
09/26/2024 15.07  15.50  15.07  15.45  12,202 
09/25/2024 14.64  14.79  14.51  14.54  15,600 
09/24/2024 14.59  14.91  14.59  14.91  9,747 
09/23/2024 14.25  14.46  14.25  14.45  15,500 

About Direxion Daily Etf history

Direxion Daily 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 Daily Travel 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 Daily stock prices may prove useful in developing a viable investing in Direxion Daily

Direxion Daily Etf Technical Analysis

Direxion Daily technical etf 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, etf market cycles, or different charting patterns.
A focus of Direxion Daily technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Direxion Daily trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Direxion Daily Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Direxion Daily's price direction in advance. Along with the technical and fundamental analysis of Direxion Etf 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.
When determining whether Direxion Daily Travel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Daily's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Daily Travel Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Daily Travel Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Direxion Daily Travel. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Direxion Daily Travel 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.