Delek Group Stock Market Value
| DELKY Stock | USD 12.50 0.01 0.08% |
| Symbol | Delek |
Delek Group '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 Group'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 Group.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Delek Group on February 4, 2023 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 Group over 660 days. Delek Group 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 Group 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 Group'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 | 2.33 | |||
| Information Ratio | 0.0674 | |||
| Maximum Drawdown | 11.45 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 3.96 |
Delek Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delek Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delek Group's standard deviation. In reality, there are many statistical measures that can use Delek Group historical prices to predict the future Delek Group's volatility.| Risk Adjusted Performance | 0.1054 | |||
| Jensen Alpha | 0.165 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0612 | |||
| Treynor Ratio | 0.3229 |
Delek Group Backtested Returns
At this stage we consider Delek Pink Sheet to be not too volatile. Delek Group secures Sharpe Ratio (or Efficiency) of 0.0858, which denotes the company had a 0.0858% 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 confirm Delek Group's Downside Deviation of 2.33, mean deviation of 1.47, and Coefficient Of Variation of 774.2 to check if the risk estimate we provide is consistent with the expected return of 0.18%. Delek Group has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.82, which means possible diversification benefits within a given portfolio. As returns on the market increase, Delek Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delek Group is expected to be smaller as well. Delek Group right now shows a risk of 2.05%. Please confirm Delek Group treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Delek Group will be following its price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Delek Group has weak reverse predictability. Overlapping area represents the amount of predictability between Delek Group time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Group price movement. The serial correlation of -0.24 indicates that over 24.0% of current Delek Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Delek Group lagged returns against current returns
Autocorrelation, which is Delek Group 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 Group's pink sheet expected returns. We can calculate the autocorrelation of Delek Group returns to help us make a trade decision. For example, suppose you find that Delek Group 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 Group 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 Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delek Group 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 Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Delek Group Lagged Returns
When evaluating Delek Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delek Group pink sheet have on its future price. Delek Group 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 Group autocorrelation shows the relationship between Delek Group 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 Group's price analysis, check to measure Delek Group'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 Group is operating at the current time. Most of Delek Group's value examination focuses on studying past and present price action to predict the probability of Delek Group'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 Group's price. Additionally, you may evaluate how the addition of Delek Group to your portfolios can decrease your overall portfolio volatility.