Direxion Hilton Tactical Fund Technical Analysis
HCYIX Fund | USD 18.14 0.08 0.44% |
As of the 28th of December, Direxion Hilton shows the Standard Deviation of 0.3481, variance of 0.1211, and Mean Deviation of 0.2463. Direxion Hilton Tactical technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Direxion Hilton Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Direxion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DirexionDirexion |
Direxion Hilton 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.
Direxion Hilton Tactical Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Direxion Hilton Tactical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Direxion Hilton Tactical Trend Analysis
Use this graph to draw trend lines for Direxion Hilton Tactical. You can use it to identify possible trend reversals for Direxion Hilton as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Direxion Hilton price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Direxion Hilton Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Direxion Hilton Tactical applied against its price change over selected period. The best fit line has a slop of 0 , which means Direxion Hilton Tactical will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Direxion Hilton price change compared to its average price change.About Direxion Hilton Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Direxion Hilton Tactical on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Direxion Hilton Tactical based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Direxion Hilton Tactical price pattern first instead of the macroeconomic environment surrounding Direxion Hilton Tactical. By analyzing Direxion Hilton's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Direxion Hilton's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Direxion Hilton specific price patterns or momentum indicators. Please read more on our technical analysis page.
Direxion Hilton December 28, 2024 Technical Indicators
Most technical analysis of Direxion help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Direxion from various momentum indicators to cycle indicators. When you analyze Direxion charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.02) | |||
Market Risk Adjusted Performance | (0.11) | |||
Mean Deviation | 0.2463 | |||
Coefficient Of Variation | (9,743) | |||
Standard Deviation | 0.3481 | |||
Variance | 0.1211 | |||
Information Ratio | (0.10) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.02) | |||
Treynor Ratio | (0.12) | |||
Maximum Drawdown | 2.2 | |||
Value At Risk | (0.50) | |||
Potential Upside | 0.5522 | |||
Skewness | (1.18) | |||
Kurtosis | 4.56 |
Other Information on Investing in Direxion Mutual Fund
Direxion Hilton 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 Hilton security.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |