Delek Automotive (Israel) Probability of Future Stock Price Finishing Over 1529.0
| DLEA Stock | ILA 2,116 4.00 0.19% |
Delek |
Delek Automotive Target Price Odds to finish over 1529.0
The tendency of Delek Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 1,529 in 90 days |
| 2,116 | 90 days | 1,529 | close to 99 |
Based on a normal probability distribution, the odds of Delek Automotive to stay above 1,529 in 90 days from now is close to 99 (This Delek Automotive Systems probability density function shows the probability of Delek Stock to fall within a particular range of prices over 90 days) . Probability of Delek Automotive Systems price to stay between 1,529 and its current price of 2116.0 at the end of the 90-day period is about 12.58 .
Assuming the 90 days trading horizon Delek Automotive has a beta of 0.49 suggesting as returns on the market go up, Delek Automotive average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Delek Automotive Systems will be expected to be much smaller as well. Additionally Delek Automotive Systems has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Delek Automotive Price Density |
| Price |
Predictive Modules for Delek Automotive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delek Automotive Systems. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Delek Automotive's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Delek Automotive Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Delek Automotive is not an exception. The market had few large corrections towards the Delek Automotive's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Delek Automotive Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Delek Automotive within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.21 | |
β | Beta against NYSE Composite | 0.49 | |
σ | Overall volatility | 97.31 | |
Ir | Information ratio | -0.08 |
Delek Automotive Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Delek Automotive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Delek Automotive Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Delek Automotive had very high historical volatility over the last 90 days | |
| About 43.0% of the company shares are held by company insiders |
Delek Automotive Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Delek Stock often depends not only on the future outlook of the current and potential Delek Automotive's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Delek Automotive's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 93.7 M |
Delek Automotive Technical Analysis
Delek Automotive's future price can be derived by breaking down and analyzing its technical indicators over time. Delek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Delek Automotive Systems. In general, you should focus on analyzing Delek Stock price patterns and their correlations with different microeconomic environments and drivers.
Delek Automotive Predictive Forecast Models
Delek Automotive's time-series forecasting models is one of many Delek Automotive's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Delek Automotive's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Delek Automotive Systems
Checking the ongoing alerts about Delek Automotive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Delek Automotive Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Delek Automotive had very high historical volatility over the last 90 days | |
| About 43.0% of the company shares are held by company insiders |
Check out Delek Automotive Backtesting, Delek Automotive Valuation, Delek Automotive Correlation, Delek Automotive Hype Analysis, Delek Automotive Volatility, Delek Automotive History as well as Delek Automotive Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Delek Stock analysis
When running Delek Automotive's price analysis, check to measure Delek Automotive'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 Delek Automotive is operating at the current time. Most of Delek Automotive's value examination focuses on studying past and present price action to predict the probability of Delek Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delek Automotive's price. Additionally, you may evaluate how the addition of Delek Automotive to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |