Delek Group Stock Market Value
| DELKY Stock | USD 12.89 0.27 2.05% |
| Symbol | Delek |
Delek 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Delek's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Delek.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Delek on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Delek Group or generate 0.0% return on investment in Delek over 30 days. Delek is related to or competes with Permian Resources, Devon Energy, EOG Resources, Coterra Energy, Diamondback Energy, and ConocoPhillips. Delek Group Ltd., an energy company, engages in the exploration, development, production, and marketing of oil and gas i... More
Delek Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Delek's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Delek Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.1219 | |||
| Maximum Drawdown | 10.5 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 3.95 |
Delek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delek's standard deviation. In reality, there are many statistical measures that can use Delek historical prices to predict the future Delek's volatility.| Risk Adjusted Performance | 0.1327 | |||
| Jensen Alpha | 0.3175 | |||
| Total Risk Alpha | 0.0855 | |||
| Sortino Ratio | 0.1629 | |||
| Treynor Ratio | 7.08 |
Delek Group Backtested Returns
Delek appears to be not too volatile, given 3 months investment horizon. Delek Group secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Delek Group, which you can use to evaluate the volatility of the firm. Please utilize Delek's Downside Deviation of 1.42, mean deviation of 1.35, and Coefficient Of Variation of 572.91 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Delek holds a performance score of 15. The firm shows a Beta (market volatility) of 0.0454, which means not very significant fluctuations relative to the market. As returns on the market increase, Delek's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delek is expected to be smaller as well. Please check Delek's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Delek's price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Delek Group has below average predictability. Overlapping area represents the amount of predictability between Delek time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Delek Group price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Delek price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Delek Group lagged returns against current returns
Autocorrelation, which is Delek pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Delek's pink sheet expected returns. We can calculate the autocorrelation of Delek returns to help us make a trade decision. For example, suppose you find that Delek has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Delek regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Delek pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delek pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delek pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Delek Lagged Returns
When evaluating Delek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delek pink sheet have on its future price. Delek autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Delek autocorrelation shows the relationship between Delek pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Delek Group.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Delek Pink Sheet Analysis
When running Delek's price analysis, check to measure Delek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delek is operating at the current time. Most of Delek's value examination focuses on studying past and present price action to predict the probability of Delek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delek's price. Additionally, you may evaluate how the addition of Delek to your portfolios can decrease your overall portfolio volatility.