Delek Logistics Partners Stock Market Value
| DKL Stock | USD 40.04 0.45 1.14% |
| Symbol | Delek |
Delek Logistics Partners Price To Book Ratio
Is Oil & Gas Storage & Transportation 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 Delek Logistics. If investors know Delek 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 Delek Logistics 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 (0.11) | Dividend Share 4.315 | Earnings Share 2.82 | Revenue Per Share 21.606 | Quarterly Revenue Growth (0.22) |
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' 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 Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' 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 Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' 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.
Delek Logistics '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 Logistics' stock 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 Logistics.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Delek Logistics on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Delek Logistics Partners or generate 0.0% return on investment in Delek Logistics over 30 days. Delek Logistics is related to or competes with CVR Energy, PBF Energy, HF Sinclair, Par Pacific, Star Gas, Delek Energy, and Sunoco LP. Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refine... More
Delek Logistics 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 Logistics' stock 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 Logistics Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.48 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 16.59 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 2.84 |
Delek Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delek Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delek Logistics' standard deviation. In reality, there are many statistical measures that can use Delek Logistics historical prices to predict the future Delek Logistics' volatility.| Risk Adjusted Performance | 0.0461 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.01) |
Delek Logistics Partners Backtested Returns
As of now, Delek Stock is very steady. Delek Logistics Partners secures Sharpe Ratio (or Efficiency) of 0.0076, which denotes the company had a 0.0076% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Delek Logistics Partners, which you can use to evaluate the volatility of the firm. Please confirm Delek Logistics' Semi Deviation of 2.29, standard deviation of 1.95, and Coefficient Of Variation of 1913.23 to check if the risk estimate we provide is consistent with the expected return of 0.0145%. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Delek Logistics are completely uncorrelated. Delek Logistics Partners right now shows a risk of 1.91%. Please confirm Delek Logistics Partners semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Delek Logistics Partners will be following its price patterns.
Auto-correlation | 0.84 |
Very good predictability
Delek Logistics Partners has very good predictability. Overlapping area represents the amount of predictability between Delek Logistics time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Logistics Partners price movement. The serial correlation of 0.84 indicates that around 84.0% of current Delek Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Delek Logistics Partners lagged returns against current returns
Autocorrelation, which is Delek Logistics stock'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 Logistics' stock expected returns. We can calculate the autocorrelation of Delek Logistics returns to help us make a trade decision. For example, suppose you find that Delek Logistics has exhibited high autocorrelation historically, and you observe that the stock 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 Logistics 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 Logistics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delek Logistics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delek Logistics stock over time.
Current vs Lagged Prices |
| Timeline |
Delek Logistics Lagged Returns
When evaluating Delek Logistics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delek Logistics stock have on its future price. Delek Logistics 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 Logistics autocorrelation shows the relationship between Delek Logistics stock current value and its past values and can show if there is a momentum factor associated with investing in Delek Logistics Partners.
Regressed Prices |
| Timeline |
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Delek Logistics technical stock 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, stock market cycles, or different charting patterns.