Delek Energy Stock Forecast - Day Median Price

DK Stock  USD 30.95  0.68  2.15%   
Delek Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Delek Energy stock prices and determine the direction of Delek Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Delek Energy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Delek Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Delek Energy's systematic risk associated with finding meaningful patterns of Delek Energy fundamentals over time.
Check out Historical Fundamental Analysis of Delek Energy to cross-verify your projections.
For more information on how to buy Delek Stock please use our How to buy in Delek Stock guide.
  
At this time, Delek Energy's Inventory Turnover is quite stable compared to the past year. Receivables Turnover is expected to rise to 36.08 this year, although the value of Payables Turnover will most likely fall to 8.51. . Net Income Applicable To Common Shares is expected to rise to about 243 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 65.1 M.

Open Interest Against 2024-04-19 Delek Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Delek Energy's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Delek Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Delek Energy stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Delek Energy's open interest, investors have to compare it to Delek Energy's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Delek Energy is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Delek. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Delek Energy has current Day Median Price of 31.06.
Most investors in Delek Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Delek Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Delek Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.
Check Delek Energy VolatilityBacktest Delek EnergyInformation Ratio  

Delek Energy Trading Date Momentum

On April 16 2024 Delek Energy was traded for  30.95  at the closing time. The highest price during the trading period was 31.55  and the lowest recorded bid was listed for  30.57 . There was no trading activity during the period 0.0. Lack of trading volume on April 16, 2024 did not affect price variability. The overall trading delta to the current price is 1.78% .
The median price is the midpoint of the trading periods range.
Compare Delek Energy to competition

Other Forecasting Options for Delek Energy

For every potential investor in Delek, whether a beginner or expert, Delek Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Delek Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Delek. Basic forecasting techniques help filter out the noise by identifying Delek Energy's price trends.

Delek Energy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Delek Energy stock to make a market-neutral strategy. Peer analysis of Delek Energy could also be used in its relative valuation, which is a method of valuing Delek Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Delek Energy Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Delek Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Delek Energy's current price.

Delek Energy Market Strength Events

Market strength indicators help investors to evaluate how Delek Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delek Energy shares will generate the highest return on investment. By undertsting and applying Delek Energy stock market strength indicators, traders can identify Delek Energy entry and exit signals to maximize returns.

Delek Energy Risk Indicators

The analysis of Delek Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Delek Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting delek stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Delek Energy Investors Sentiment

The influence of Delek Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Delek. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Delek Energy's public news can be used to forecast risks associated with an investment in Delek. The trend in average sentiment can be used to explain how an investor holding Delek can time the market purely based on public headlines and social activities around Delek Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Delek Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Delek Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Delek Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Delek Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Delek Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Delek Energy's short interest history, or implied volatility extrapolated from Delek Energy options trading.

Pair Trading with Delek Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delek Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delek Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Delek Stock

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Moving against Delek Stock

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  0.77CLNE Clean Energy Fuels Financial Report 14th of May 2024 PairCorr
  0.74CSAN Cosan SA ADR Financial Report 20th of May 2024 PairCorr
  0.6DKL Delek Logistics Partners Financial Report 13th of May 2024 PairCorr
  0.59VTNR Vertex Energy Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Delek Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delek Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delek Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delek Energy to buy it.
The correlation of Delek Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delek Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delek Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delek Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Delek Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Delek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Delek Energy Stock. Highlighted below are key reports to facilitate an investment decision about Delek Energy Stock:
Check out Historical Fundamental Analysis of Delek Energy to cross-verify your projections.
For more information on how to buy Delek Stock please use our How to buy in Delek Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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Is Delek Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delek Energy. If investors know Delek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delek Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
18.7
Dividend Share
0.925
Earnings Share
0.3
Revenue Per Share
258.652
Quarterly Revenue Growth
(0.1)
The market value of Delek Energy is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Energy's value that differs from its market value or its book value, called intrinsic value, which is Delek Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delek Energy's market value can be influenced by many factors that don't directly affect Delek Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delek Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.