Draftkings Stock Performance

DKNG Stock  USD 34.56  0.20  0.58%   
DraftKings has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.57, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DraftKings are expected to decrease at a much lower rate. During the bear market, DraftKings is likely to outperform the market. DraftKings right now shows a risk of 3.02%. Please confirm DraftKings treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if DraftKings will be following its price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in DraftKings are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, DraftKings is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more

Actual Historical Performance (%)

One Day Return
0.65
Five Day Return
1.11
Year To Date Return
(4.22)
Ten Year Return
254.69
All Time Return
254.69
Last Split Factor
1:1
Last Split Date
2022-05-05
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Begin Period Cash Flow1.6 B
Total Cashflows From Investing Activities-566.6 M

DraftKings Relative Risk vs. Return Landscape

If you would invest  3,489  in DraftKings on October 2, 2025 and sell it today you would lose (13.00) from holding DraftKings or give up 0.37% of portfolio value over 90 days. DraftKings is currently generating 0.0389% in daily expected returns and assumes 3.0194% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than DraftKings, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days DraftKings is expected to generate 1.68 times less return on investment than the market. In addition to that, the company is 4.18 times more volatile than its market benchmark. It trades about 0.01 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.09 per unit of volatility.

DraftKings Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for DraftKings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as DraftKings, and traders can use it to determine the average amount a DraftKings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0129

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Based on monthly moving average DraftKings is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DraftKings by adding it to a well-diversified portfolio.

DraftKings Fundamentals Growth

DraftKings Stock prices reflect investors' perceptions of the future prospects and financial health of DraftKings, and DraftKings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DraftKings Stock performance.

About DraftKings Performance

By analyzing DraftKings' fundamental ratios, stakeholders can gain valuable insights into DraftKings' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DraftKings has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DraftKings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.28)(0.30)
Return On Capital Employed(0.23)(0.24)
Return On Assets(0.12)(0.12)
Return On Equity(0.50)(0.53)

Things to note about DraftKings performance evaluation

Checking the ongoing alerts about DraftKings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for DraftKings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
DraftKings had very high historical volatility over the last 90 days
The company reported the previous year's revenue of 4.77 B. Net Loss for the year was (507.29 M) with profit before overhead, payroll, taxes, and interest of 2.4 B.
Over 84.0% of the company shares are held by institutions such as insurance companies
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Evaluating DraftKings' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate DraftKings' stock performance include:
  • Analyzing DraftKings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether DraftKings' stock is overvalued or undervalued compared to its peers.
  • Examining DraftKings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating DraftKings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of DraftKings' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of DraftKings' stock. These opinions can provide insight into DraftKings' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating DraftKings' stock performance is not an exact science, and many factors can impact DraftKings' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for DraftKings Stock analysis

When running DraftKings' price analysis, check to measure DraftKings' 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 DraftKings is operating at the current time. Most of DraftKings' value examination focuses on studying past and present price action to predict the probability of DraftKings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DraftKings' price. Additionally, you may evaluate how the addition of DraftKings to your portfolios can decrease your overall portfolio volatility.
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