Delek US Backtesting

DK -- USA Stock  

USD 45.31  1.92  4.42%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Delek US Holdings and determine expected loss or profit from investing in Delek US over given investment horizon. Additionally see Delek US Hype Analysis, Delek US Correlation, Delek US Valuation, Delek US Volatility as well as analyze Delek US Alpha and Beta and Delek US Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Delek US 'What if' Analysis

August 22, 2018
0.00
No Change 0.00  0.0%
In 30 days
September 21, 2018
0.00
If you would invest  0.00  in Delek US on August 22, 2018 and sell it all today you would earn a total of 0.00 from holding Delek US Holdings or generate 0.0% return on investment in Delek US over 30 days. Delek US is related to or competes with CVR Energy, Ferrellgas Partners, HollyFrontier, World Fuel, Marathon Petroleum, and NGL Energy. Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States

Delek US Upside/Downside Indicators

Information Ratio0.23
Maximum Drawdown14.75
Value At Risk4.24
Potential Upside3.37
  

Delek US Market Premium Indicators

Risk Adjusted Performance0.07
Jensen Alpha0.68
Total Risk Alpha1.34
Treynor Ratio0.88

Delek US Holdings Backtested Returns

Macroaxis considers Delek US to be not very risky. Delek US Holdings secures Sharpe Ratio (or Efficiency) of -0.2496 which denotes Delek US Holdings had -0.2496% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Delek US Holdings exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Delek US Holdings Coefficient Of Variation of 510.31 and Mean Deviation of 2.13 to check risk estimate we provide. Macroaxis gives Delek US performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.7019 which denotes to the fact that as returns on market increase, Delek US returns are expected to increase less than the market. However during bear market, the loss on holding Delek US will be expected to be smaller as well.. Even though it is essential to pay attention to Delek US Holdings historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Delek US Holdings exposes twenty-one different technical indicators which can help you to evaluate its performance. Delek US Holdings has expected return of -0.7716%. Please be advised to confirm Delek US Holdings Treynor Ratio, and the relationship between Variance and Potential Upside to decide if Delek US Holdings past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.01 

Virtually no predictability

Delek US Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Delek US time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 21, 2018. 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 US Holdings price movement. The serial correlation of 0.01 indicates that just 1.0% of current Delek US price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test-0.37
Residual Average0.0
Price Variance3.67

Delek US Holdings lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Delek US regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Delek US Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - DK

Delek US Holdings Investor Sentiment

Larger part of Macroaxis users are currently bullish on Delek US Holdings. What is your opinion about investing in Delek US Holdings? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Delek US Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Delek US and CVR Energy. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Additionally see Delek US Hype Analysis, Delek US Correlation, Delek US Valuation, Delek US Volatility as well as analyze Delek US Alpha and Beta and Delek US Performance. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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