Delek Logistics Partners Stock Probability of Future Stock Price Finishing Over 38.56
| DKL Stock | USD 40.04 0.45 1.14% |
Delek |
Delek Logistics Target Price Odds to finish over 38.56
The tendency of Delek 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 stay above $ 38.56 in 90 days |
| 40.04 | 90 days | 38.56 | about 73.8 |
Based on a normal probability distribution, the odds of Delek Logistics to stay above $ 38.56 in 90 days from now is about 73.8 (This Delek Logistics Partners probability density function shows the probability of Delek Stock to fall within a particular range of prices over 90 days) . Probability of Delek Logistics Partners price to stay between $ 38.56 and its current price of $40.04 at the end of the 90-day period is about 28.95 .
Considering the 90-day investment horizon Delek Logistics Partners has a beta of -0.38 suggesting as returns on the benchmark increase, returns on holding Delek Logistics are expected to decrease at a much lower rate. During a bear market, however, Delek Logistics Partners is likely to outperform the market. Additionally Delek Logistics Partners has an alpha of 0.1424, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Delek Logistics Price Density |
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Predictive Modules for Delek Logistics
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 Logistics Partners. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Logistics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Delek Logistics is not an exception. The market had few large corrections towards the Delek Logistics' 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 Logistics Partners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Delek Logistics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 1.93 | |
Ir | Information ratio | -0.0086 |
Delek Logistics 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 Logistics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Delek Logistics Partners can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Delek Logistics generated a negative expected return over the last 90 days | |
| Delek Logistics Partners has 1.72 B in debt. Delek Logistics Partners has a current ratio of 0.38, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Delek to invest in growth at high rates of return. | |
| About 67.0% of the company shares are held by company insiders | |
| On 14th of November 2024 Delek Logistics paid $ 1.1 per share dividend to its current shareholders | |
| Latest headline from investing.com: Delek US Holdings executive chairman Yemin buys 12,750 in stock |
Delek Logistics 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 Stock often depends not only on the future outlook of the current and potential Delek Logistics' 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 Logistics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.6 M | |
| Cash And Short Term Investments | 3.8 M |
Delek Logistics Technical Analysis
Delek Logistics' future price can be derived by breaking down and analyzing its technical indicators over time. Delek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Delek Logistics Partners. In general, you should focus on analyzing Delek Stock price patterns and their correlations with different microeconomic environments and drivers.
Delek Logistics Predictive Forecast Models
Delek Logistics' time-series forecasting models is one of many Delek Logistics' 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 Logistics' 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 stock market movement and maximize returns from investment trading.
Things to note about Delek Logistics Partners
Checking the ongoing alerts about Delek Logistics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Delek Logistics Partners help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Delek Logistics generated a negative expected return over the last 90 days | |
| Delek Logistics Partners has 1.72 B in debt. Delek Logistics Partners has a current ratio of 0.38, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Delek to invest in growth at high rates of return. | |
| About 67.0% of the company shares are held by company insiders | |
| On 14th of November 2024 Delek Logistics paid $ 1.1 per share dividend to its current shareholders | |
| Latest headline from investing.com: Delek US Holdings executive chairman Yemin buys 12,750 in stock |
Check out Delek Logistics Backtesting, Delek Logistics Valuation, Delek Logistics Correlation, Delek Logistics Hype Analysis, Delek Logistics Volatility, Delek Logistics History as well as Delek Logistics Performance. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.