Delek US Backtesting

DK -- USA Stock  

USD 52.75  0.06  0.11%

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.
 Time Horizon     30 Days    Login   to change

Delek US 'What if' Analysis

May 21, 2018
No Change 0.00  0.0%
In 31 days
June 20, 2018
If you would invest  0.00  in Delek US on May 21, 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 Antero Resources, Diamond Offshore, Ecopetrol S, Helmerich Payne, Halcn Resources, , and DELEK US. Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States

Delek US Upside/Downside Indicators

Downside Deviation2.97
Information Ratio0.0168
Maximum Drawdown12.41
Value At Risk3.78
Potential Upside3.59

Delek US Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.0154

Delek US Holdings Backtested Returns

We consider Delek US not very risky. Delek US Holdings secures Sharpe Ratio (or Efficiency) of 0.0168 which denotes Delek US Holdings had 0.0168% of return per unit of risk over the last 1 month. Our philosophy towards predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Delek US Holdings which you can use to evaluate future volatility of the firm. Please confirm Delek US Holdings Coefficient Of Variation of 5968.4, Mean Deviation of 1.96 and Downside Deviation of 2.97 to check if risk estimate we provide are consistent with the epected return of 0.0457%. Delek US has performance score of 1 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and Delek US are completely uncorrelated. Although it is extremely important to respect Delek US Holdings historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing Delek US Holdings technical indicators you can presently evaluate if the expected return of 0.0457% will be sustainable into the future. Delek US Holdings right now shows a risk of 2.7294%. Please confirm Delek US Holdings Treynor Ratio, and the relationship between Variance and Potential Upside to decide if Delek US Holdings will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.79) 

Almost perfect reverse predictability

Delek US Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Delek US time series from May 21, 2018 to June 5, 2018 and June 5, 2018 to June 20, 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 -0.79 indicates that around 79.0% of current Delek US price fluctuation can be explain by its past prices. Given that Delek US Holdings has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Delek US for similar time interval.
Correlation Coefficient -0.79
Spearman Rank Test -0.73
Price Variance 5.44
Lagged Price Variance 9.79

Delek US Holdings lagged returns against current returns

 Current and Lagged Values 

Delek US regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Delek US Lagged Returns

 Regressed Prices 

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?
98% Bullish
2% Bearish

Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Delek US and Antero Resources. 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 Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.