DIAMONDBACK ENERGY INC Price on May 6, 2024
| 25278XAM1 | 93.92 3.67 3.76% |
If you're considering investing in DIAMONDBACK Bond, it is important to understand the factors that can impact its price. As of today, the current price of DIAMONDBACK stands at 93.92, as last reported on the 13th of December 2024, with the highest price reaching 93.92 and the lowest price hitting 93.92 during the day. DIAMONDBACK ENERGY INC retains Efficiency (Sharpe Ratio) of -0.0473, which denotes the bond had a -0.0473% return per unit of risk over the last 3 months. DIAMONDBACK exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DIAMONDBACK's Variance of 0.5182, standard deviation of 0.7198, and Market Risk Adjusted Performance of (0.49) to check the risk estimate we provide.
DIAMONDBACK Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
DIAMONDBACK |
Sharpe Ratio = -0.0473
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| Negative Returns | 25278XAM1 |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DIAMONDBACK is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DIAMONDBACK by adding DIAMONDBACK to a well-diversified portfolio.
Related Headline
VirnetX Holding Headline on 6th of May 2024
Acquisition by Kendall Larsen of 45000 shares of VirnetX Hol... by Kendall Larsen
Filed transaction by VirnetX Holding Corp Director, 10 Percent Owner, Officer President Ceo. Grant, award or other acquisition pursuant to Rule 16b-3
DIAMONDBACK Valuation on May 6, 2024
It is possible to determine the worth of DIAMONDBACK on a given historical date. On May 6, 2024 DIAMONDBACK was worth 95.42 at the beginning of the trading date compared to the closed value of 95.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DIAMONDBACK bond. Still, in general, we apply an absolute valuation method to find DIAMONDBACK's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of DIAMONDBACK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DIAMONDBACK's related companies.
| Open | High | Low | Close | Volume | |
| 95.47 | 95.47 | 95.47 | 95.47 | 1.00 | |
05/06/2024 | 95.42 | 95.42 | 95.42 | 95.42 | 1.00 |
| 95.51 | 95.51 | 95.51 | 95.51 | 1.00 |
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DIAMONDBACK Trading Date Momentum on May 6, 2024
| On May 07 2024 DIAMONDBACK ENERGY INC was traded for 95.51 at the closing time. The highest price during the trading period was 95.51 and the lowest recorded bid was listed for 95.51 . There was no trading activity during the period 1.0. Lack of trading volume on May 7, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.09% . The overall trading delta to the current price is 0.15% . |
About DIAMONDBACK Bond history
DIAMONDBACK investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DIAMONDBACK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DIAMONDBACK ENERGY INC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing DIAMONDBACK stock prices may prove useful in developing a viable investing in DIAMONDBACK
DIAMONDBACK Bond Technical Analysis
DIAMONDBACK technical bond analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, bond market cycles, or different charting patterns.
Price Boundaries
DIAMONDBACK Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
DIAMONDBACK ENERGY INC cannot be verified against its exchange. Please verify the symbol is currently traded on Bond Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
DIAMONDBACK December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how DIAMONDBACK bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DIAMONDBACK shares will generate the highest return on investment. By undertsting and applying DIAMONDBACK bond market strength indicators, traders can identify DIAMONDBACK ENERGY INC entry and exit signals to maximize returns
DIAMONDBACK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DIAMONDBACK's price direction in advance. Along with the technical and fundamental analysis of DIAMONDBACK Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of DIAMONDBACK to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.50) |
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Other Information on Investing in DIAMONDBACK Bond
DIAMONDBACK financial ratios help investors to determine whether DIAMONDBACK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DIAMONDBACK with respect to the benefits of owning DIAMONDBACK security.