Diamondback Energy Stock Forecast - Daily Balance Of Power
| FANG Stock | USD 158.03 0.26 0.16% |
Diamondback Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Diamondback Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Diamondback |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.1172 | (0.09) |
| Check Diamondback Energy Volatility | Backtest Diamondback Energy | Information Ratio |
Diamondback Energy Trading Date Momentum
| On December 26 2024 Diamondback Energy was traded for 158.03 at the closing time. The top price for the day was 159.59 and the lowest listed price was 156.70 . The trading volume for the day was 1.2 M. The trading history from December 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.16% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Diamondback Energy to competition |
Other Forecasting Options for Diamondback Energy
For every potential investor in Diamondback, whether a beginner or expert, Diamondback Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Diamondback Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Diamondback. Basic forecasting techniques help filter out the noise by identifying Diamondback Energy's price trends.Diamondback Energy 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 Diamondback Energy stock to make a market-neutral strategy. Peer analysis of Diamondback Energy could also be used in its relative valuation, which is a method of valuing Diamondback Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Diamondback Energy Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Diamondback Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Diamondback Energy's current price.| Cycle Indicators | ||
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| Volume Indicators |
Diamondback Energy Market Strength Events
Market strength indicators help investors to evaluate how Diamondback Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Diamondback Energy shares will generate the highest return on investment. By undertsting and applying Diamondback Energy stock market strength indicators, traders can identify Diamondback Energy entry and exit signals to maximize returns.
| Accumulation Distribution | 21074.29 | |||
| Daily Balance Of Power | 0.09 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 158.14 | |||
| Day Typical Price | 158.11 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.26 |
Diamondback Energy Risk Indicators
The analysis of Diamondback Energy's 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 Diamondback Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting diamondback stock 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 | 1.64 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.43 |
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.
Currently Active Assets on Macroaxis
When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Diamondback Energy to cross-verify your projections. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.