Direxion Daily Sp Etf Performance
| LABD Etf | USD 18.33 0.35 1.87% |
The etf shows a Beta (market volatility) of -2.1, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Direxion Daily are expected to decrease by larger amounts. On the other hand, during market turmoil, Direxion Daily is expected to outperform it.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Direxion Daily SP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Etf's fundamental drivers remain rather sound which may send shares a bit higher in March 2026. The latest tumult may also be a sign of longer-term up-swing for the fund shareholders. ...more
Direxion | Build AI portfolio with Direxion Etf |
Direxion Daily Relative Risk vs. Return Landscape
If you would invest 2,775 in Direxion Daily SP on October 31, 2025 and sell it today you would lose (942.00) from holding Direxion Daily SP or give up 33.95% of portfolio value over 90 days. Direxion Daily SP is currently does not generate positive expected returns and assumes 4.6341% risk (volatility on return distribution) over the 90 days horizon. In different words, 41% of etfs are less volatile than Direxion, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Direxion Daily Target Price Odds to finish over Current Price
The tendency of Direxion Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 18.33 | 90 days | 18.33 | about 85.2 |
Based on a normal probability distribution, the odds of Direxion Daily to move above the current price in 90 days from now is about 85.2 (This Direxion Daily SP probability density function shows the probability of Direxion Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Direxion Daily SP has a beta of -2.1. This indicates as returns on its benchmark rise, returns on holding Direxion Daily SP are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Direxion Daily is expected to outperform its benchmark. Additionally Direxion Daily SP has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Direxion Daily Price Density |
| Price |
Predictive Modules for Direxion Daily
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Direxion Daily SP. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Direxion Daily Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Direxion Daily is not an exception. The market had few large corrections towards the Direxion Daily's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Direxion Daily SP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Direxion Daily within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | -2.1 | |
σ | Overall volatility | 3.79 | |
Ir | Information ratio | -0.14 |
Direxion Daily Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Direxion Daily for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Direxion Daily SP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Direxion Daily SP generated a negative expected return over the last 90 days | |
| Direxion Daily SP has high historical volatility and very poor performance | |
| This fund created-58.0 ten year return of -58.0% | |
| Direxion Daily maintains most of the assets in different exotic instruments. |
Direxion Daily Fundamentals Growth
Direxion Etf prices reflect investors' perceptions of the future prospects and financial health of Direxion Daily, and Direxion Daily fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Direxion Etf performance.
| Price To Earning | 21.86 X | |||
| Price To Book | 3.01 X | |||
| Price To Sales | 7.92 X | |||
| Total Asset | 204.2 M | |||
About Direxion Daily Performance
By analyzing Direxion Daily's fundamental ratios, stakeholders can gain valuable insights into Direxion Daily's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Direxion Daily has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Direxion Daily has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80 percent of the funds net assets . SP Biotech is traded on NYSEARCA Exchange in the United States.| Direxion Daily SP generated a negative expected return over the last 90 days | |
| Direxion Daily SP has high historical volatility and very poor performance | |
| This fund created-58.0 ten year return of -58.0% | |
| Direxion Daily maintains most of the assets in different exotic instruments. |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Direxion Daily SP's market price often diverges from its book value, the accounting figure shown on Direxion's balance sheet. Smart investors calculate Direxion Daily's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Direxion Daily's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Direxion Daily represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. 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.