Delek Automotive (Israel) Market Value
| DLEA Stock | ILA 2,956 3.00 0.10% |
| Symbol | Delek |
Delek Automotive '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 Automotive's 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 Automotive.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Delek Automotive on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Delek Automotive Systems or generate 0.0% return on investment in Delek Automotive over 90 days. Delek Automotive is related to or competes with Alony Hetz, Harel Insurance, Delek, Migdal Insurance, and First International. Delek Automotive Systems Ltd. imports and distributes cars and motorcycles in Israel More
Delek Automotive 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 Automotive's 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 Automotive Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.1225 | |||
| Maximum Drawdown | 12.18 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 4.78 |
Delek Automotive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delek Automotive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delek Automotive's standard deviation. In reality, there are many statistical measures that can use Delek Automotive historical prices to predict the future Delek Automotive's volatility.| Risk Adjusted Performance | 0.0744 | |||
| Jensen Alpha | 0.1296 | |||
| Total Risk Alpha | 0.4472 | |||
| Sortino Ratio | 0.1462 | |||
| Treynor Ratio | (0.50) |
Delek Automotive Systems Backtested Returns
At this point, Delek Automotive is very steady. Delek Automotive Systems secures Sharpe Ratio (or Efficiency) of 0.0663, which denotes the company had a 0.0663 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Delek Automotive Systems, which you can use to evaluate the volatility of the firm. Please confirm Delek Automotive's Mean Deviation of 1.66, coefficient of variation of 1275.08, and Downside Deviation of 1.88 to check if the risk estimate we provide is consistent with the expected return of 0.15%. Delek Automotive has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Delek Automotive are expected to decrease at a much lower rate. During the bear market, Delek Automotive is likely to outperform the market. Delek Automotive Systems right now shows a risk of 2.25%. Please confirm Delek Automotive Systems jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Delek Automotive Systems will be following its price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
Delek Automotive Systems has very good reverse predictability. Overlapping area represents the amount of predictability between Delek Automotive time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. 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 Automotive Systems price movement. The serial correlation of -0.67 indicates that around 67.0% of current Delek Automotive price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 22 K |
Delek Automotive Systems lagged returns against current returns
Autocorrelation, which is Delek Automotive 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 Automotive's stock expected returns. We can calculate the autocorrelation of Delek Automotive returns to help us make a trade decision. For example, suppose you find that Delek Automotive 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 Automotive 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 Automotive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delek Automotive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delek Automotive stock over time.
Current vs Lagged Prices |
| Timeline |
Delek Automotive Lagged Returns
When evaluating Delek Automotive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delek Automotive stock have on its future price. Delek Automotive 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 Automotive autocorrelation shows the relationship between Delek Automotive stock current value and its past values and can show if there is a momentum factor associated with investing in Delek Automotive Systems.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Delek Stock
Delek Automotive financial ratios help investors to determine whether Delek Stock 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 Delek with respect to the benefits of owning Delek Automotive security.