Direxion Daily Qcom Etf Performance
| QCMU Etf | 17.79 0.22 1.25% |
The etf shows a Beta (market volatility) of -0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Direxion Daily are expected to decrease at a much lower rate. During the bear market, Direxion Daily is likely to outperform the market.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Direxion Daily QCOM has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Etf's primary indicators remain comparatively stable which may send shares a bit higher in March 2026. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
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Direxion Daily Relative Risk vs. Return Landscape
If you would invest 2,596 in Direxion Daily QCOM on November 15, 2025 and sell it today you would lose (817.00) from holding Direxion Daily QCOM or give up 31.47% of portfolio value over 90 days. Direxion Daily QCOM is currently does not generate positive expected returns and assumes 3.9274% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% 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 |
| 17.79 | 90 days | 17.79 | about 98.0 |
Based on a normal probability distribution, the odds of Direxion Daily to move above the current price in 90 days from now is about 98.0 (This Direxion Daily QCOM probability density function shows the probability of Direxion Etf to fall within a particular range of prices over 90 days) .
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 QCOM. 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 QCOM, 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 | -0.58 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 3.82 | |
Ir | Information ratio | -0.18 |
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 QCOM 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 QCOM generated a negative expected return over the last 90 days | |
| Direxion Daily QCOM has high historical volatility and very poor performance |
About Direxion Daily Performance
Assessing Direxion Daily's fundamental ratios provides investors with valuable insights into Direxion Daily's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Direxion Daily is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Direxion Daily is entity of United States. It is traded as Etf on NASDAQ exchange.| Direxion Daily QCOM generated a negative expected return over the last 90 days | |
| Direxion Daily QCOM has high historical volatility and very poor performance |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Direxion Daily QCOM. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Direxion Daily QCOM'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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Direxion Daily's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Direxion Daily should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.