Diamondback Energy Stock Probability of Future Stock Price Finishing Under 127.88
| FANG Stock | USD 158.34 0.31 0.20% |
Diamondback |
Diamondback Energy Target Price Odds to finish below 127.88
The tendency of Diamondback Stock 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 drop to $ 127.88 or more in 90 days |
| 158.34 | 90 days | 127.88 | near 1 |
Based on a normal probability distribution, the odds of Diamondback Energy to drop to $ 127.88 or more in 90 days from now is near 1 (This Diamondback Energy probability density function shows the probability of Diamondback Stock to fall within a particular range of prices over 90 days) . Probability of Diamondback Energy price to stay between $ 127.88 and its current price of $158.34 at the end of the 90-day period is nearly 4.85 .
Given the investment horizon of 90 days Diamondback Energy has a beta of -0.18. This usually indicates as returns on the benchmark increase, returns on holding Diamondback Energy are expected to decrease at a much lower rate. During a bear market, however, Diamondback Energy is likely to outperform the market. Additionally Diamondback Energy 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. Diamondback Energy Price Density |
| Price |
Predictive Modules for Diamondback Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Diamondback Energy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Diamondback Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Diamondback Energy is not an exception. The market had few large corrections towards the Diamondback Energy'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 Diamondback Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Diamondback Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 10.62 | |
Ir | Information ratio | -0.1 |
Diamondback Energy 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 Diamondback Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Diamondback Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Diamondback Energy generated a negative expected return over the last 90 days | |
| Diamondback Energy currently holds 6.8 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Diamondback Energy has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Diamondback Energy's use of debt, we should always consider it together with its cash and equity. | |
| Diamondback Energy has a strong financial position based on the latest SEC filings | |
| About 62.0% of Diamondback Energy shares are owned by institutional investors | |
| On 21st of November 2024 Diamondback Energy paid $ 0.9 per share dividend to its current shareholders | |
| Latest headline from insidermonkey.com: Diamondback Energys Merger and Strategic Growth Whats Next |
Diamondback Energy Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Diamondback Stock often depends not only on the future outlook of the current and potential Diamondback Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Diamondback Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 180 M | |
| Cash And Short Term Investments | 582 M |
Diamondback Energy Technical Analysis
Diamondback Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Diamondback Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Diamondback Energy. In general, you should focus on analyzing Diamondback Stock price patterns and their correlations with different microeconomic environments and drivers.
Diamondback Energy Predictive Forecast Models
Diamondback Energy's time-series forecasting models is one of many Diamondback Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Diamondback Energy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Diamondback Energy
Checking the ongoing alerts about Diamondback Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Diamondback Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Diamondback Energy generated a negative expected return over the last 90 days | |
| Diamondback Energy currently holds 6.8 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Diamondback Energy has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Diamondback Energy's use of debt, we should always consider it together with its cash and equity. | |
| Diamondback Energy has a strong financial position based on the latest SEC filings | |
| About 62.0% of Diamondback Energy shares are owned by institutional investors | |
| On 21st of November 2024 Diamondback Energy paid $ 0.9 per share dividend to its current shareholders | |
| Latest headline from insidermonkey.com: Diamondback Energys Merger and Strategic Growth Whats Next |
Check out Diamondback Energy Backtesting, Diamondback Energy Valuation, Diamondback Energy Correlation, Diamondback Energy Hype Analysis, Diamondback Energy Volatility, Diamondback Energy History as well as Diamondback Energy Performance. For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Dividend Share 8.29 | Earnings Share 17.32 | Revenue Per Share 49.46 | Quarterly Revenue Growth 0.087 |
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy'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 Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy'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 Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy'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.