Diamondback Energy Stock Price on May 23, 2024
| FANG Stock | USD 188.87 1.31 0.70% |
Below is the normalized historical share price chart for Diamondback Energy extending back to October 12, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Diamondback Energy stands at 188.87, as last reported on the 20th of June, with the highest price reaching 189.86 and the lowest price hitting 188.21 during the day.
If you're considering investing in Diamondback Stock, it is important to understand the factors that can impact its price. Diamondback Energy secures Sharpe Ratio (or Efficiency) of -0.0207, which denotes the company had a -0.0207% return per unit of standard deviation over the last 3 months. Diamondback Energy exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamondback Energy's Downside Deviation of 1.4, mean deviation of 0.9469, and Semi Deviation of 1.37 to check the risk estimate we provide.
At this time, Diamondback Energy's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Diamondback Energy's current Liabilities And Stockholders Equity is estimated to increase to about 30.5 B, while Common Stock Shares Outstanding is projected to decrease to roughly 102.4 M. . At this time, Diamondback Energy's Price To Free Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Diamondback Energy's current Price To Book Ratio is estimated to increase to 2.35, while Price Earnings To Growth Ratio is forecasted to increase to (0.29). Diamondback Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of October 2012 | 200 Day MA 172.2876 | 50 Day MA 198.3436 | Beta 1.89 |
Diamondback |
Sharpe Ratio = -0.0207
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FANG |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Diamondback Energy is not performing at its full potential. However, 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 Diamondback Energy by adding Diamondback Energy to a well-diversified portfolio.
Price Book 2.2135 | Enterprise Value Ebitda 6.9732 | Price Sales 4.6235 | Shares Float 177.3 M | Dividend Share 9.26 |
Diamondback Energy Valuation on May 23, 2024
It is possible to determine the worth of Diamondback Energy on a given historical date. On May 23, 2024 Diamondback was worth 194.03 at the beginning of the trading date compared to the closed value of 191.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diamondback Energy stock. Still, in general, we apply an absolute valuation method to find Diamondback Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Diamondback Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diamondback Energy's related companies.
| Open | High | Low | Close | Volume | |
| 196.25 | 196.34 | 191.48 | 192.34 | 1,179,200 | |
05/23/2024 | 194.03 | 195.17 | 191.76 | 191.96 | 1,394,600 |
| 193.76 | 194.88 | 193.17 | 193.46 | 688,400 |
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Diamondback Energy Trading Date Momentum on May 23, 2024
| On May 24 2024 Diamondback Energy was traded for 193.46 at the closing time. The top price for the day was 194.88 and the lowest listed price was 193.17 . The trading volume for the day was 688.4 K. The trading history from May 24, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 0.78% . The overall trading delta against the current closing price is 3.38% . |
Diamondback Energy Fundamentals Correlations and Trends
By evaluating Diamondback Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Diamondback Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diamondback financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Diamondback Energy Stock history
Diamondback Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Diamondback is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diamondback Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Diamondback Energy stock prices may prove useful in developing a viable investing in Diamondback Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 180 M | 102.4 M | |
| Net Income Applicable To Common Shares | 5 B | 5.3 B |
Diamondback Energy Stock Technical Analysis
Diamondback Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Diamondback Energy Period Price Range
Low | May 23, 2024
| High |
194.03 | 191.96 |
Diamondback Energy June 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Diamondback 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 Diamondback Energy shares will generate the highest return on investment. By undertsting and applying Diamondback Energy stock market strength indicators, traders can identify Diamondback Energy entry and exit signals to maximize returns
| Accumulation Distribution | 24366.38 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 193.46 | |||
| Day Typical Price | 192.96 | |||
| Price Action Indicator | (2.54) | |||
| Period Momentum Indicator | (3.09) |
Diamondback Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Diamondback Energy's price direction in advance. Along with the technical and fundamental analysis of Diamondback Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diamondback to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0119 | |||
| Jensen Alpha | 0.0017 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | 0.0011 | |||
| Treynor Ratio | 0.0038 |
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Complementary Tools for Diamondback Stock analysis
When running Diamondback Energy's price analysis, check to measure Diamondback Energy's 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 Diamondback Energy is operating at the current time. Most of Diamondback Energy's value examination focuses on studying past and present price action to predict the probability of Diamondback Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondback Energy's price. Additionally, you may evaluate how the addition of Diamondback Energy to your portfolios can decrease your overall portfolio volatility.
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