Direxion Shares Etf Forecast - Rate Of Daily Change
| EVAV Etf | USD 28.62 0.00 0.00% |
Direxion Etf Forecast is based on your current time horizon.
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Open Interest Against 2026-01-16 Direxion Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Direxion Shares' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Direxion Shares' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Direxion Shares stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Direxion Shares' open interest, investors have to compare it to Direxion Shares' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Direxion Shares is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Direxion. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Direxion Shares Volatility | Backtest Direxion Shares | Information Ratio |
Direxion Shares Trading Date Momentum
| On November 10 2025 Direxion Shares ETF was traded for 28.62 at the closing time. The top price for the day was 28.62 and the lowest listed price was 28.62 . There was no trading activity during the period 0.0. Lack of trading volume on November 10, 2025 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Direxion Shares Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Direxion Shares etf to make a market-neutral strategy. Peer analysis of Direxion Shares could also be used in its relative valuation, which is a method of valuing Direxion Shares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Direxion Shares Market Strength Events
Market strength indicators help investors to evaluate how Direxion Shares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Direxion Shares shares will generate the highest return on investment. By undertsting and applying Direxion Shares etf market strength indicators, traders can identify Direxion Shares ETF entry and exit signals to maximize returns.
Direxion Shares Risk Indicators
The analysis of Direxion Shares' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Direxion Shares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting direxion etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.84 | |||
| Semi Deviation | 3.64 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.7 | |||
| Downside Variance | 19.04 | |||
| Semi Variance | 13.24 | |||
| Expected Short fall | (3.03) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.