Delek Drilling Stock Probability of Future OTC Stock Price Finishing Over 5.43
| DKDRF Stock | USD 3.18 0.09 2.91% |
Delek |
Delek Drilling Target Price Odds to finish over 5.43
The tendency of Delek OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 5.43 or more in 90 days |
| 3.18 | 90 days | 5.43 | close to zero percent |
Based on a normal probability distribution, the odds of Delek Drilling to move over $ 5.43 or more in 90 days from now is close to zero percent (This Delek Drilling probability density function shows the probability of Delek OTC Stock to fall within a particular range of prices over 90 days) . Probability of Delek Drilling price to stay between its current price of $ 3.18 and $ 5.43 at the end of the 90-day period is roughly 2.04 .
Assuming the 90 days horizon Delek Drilling has a beta of -0.0787 suggesting as returns on the benchmark increase, returns on holding Delek Drilling are expected to decrease at a much lower rate. During a bear market, however, Delek Drilling is likely to outperform the market. Additionally Delek Drilling has an alpha of 0.4203, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Delek Drilling Price Density |
| Price |
Predictive Modules for Delek Drilling
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delek Drilling. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Delek Drilling Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Delek Drilling is not an exception. The market had few large corrections towards the Delek Drilling's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Delek Drilling , one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Delek Drilling within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | 0.13 |
Delek Drilling Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Delek Drilling for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Delek Drilling can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 55.0% of the company shares are held by company insiders |
Delek Drilling Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Delek OTC Stock often depends not only on the future outlook of the current and potential Delek Drilling's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Delek Drilling's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
Delek Drilling Technical Analysis
Delek Drilling's future price can be derived by breaking down and analyzing its technical indicators over time. Delek OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Delek Drilling . In general, you should focus on analyzing Delek OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Delek Drilling Predictive Forecast Models
Delek Drilling's time-series forecasting models is one of many Delek Drilling's otc stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Delek Drilling's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the otc stock market movement and maximize returns from investment trading.
Things to note about Delek Drilling
Checking the ongoing alerts about Delek Drilling for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Delek Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 55.0% of the company shares are held by company insiders |
Other Information on Investing in Delek OTC Stock
Delek Drilling financial ratios help investors to determine whether Delek OTC 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 Drilling security.