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.
|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.
|Spearman Rank Test||-0.37|