Delek (Israel) Chance of Future Stock Price Finishing Under 59,346
| DLEKG Stock | ILS 43,410 240.00 0.56% |
Delek |
Delek Target Price Odds to finish below 59,346
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 move below current price in 90 days |
| 43,410 | 90 days | 43,410 | about 9.45 |
Based on a normal probability distribution, the odds of Delek to move below current price in 90 days from now is about 9.45 (This Delek Group probability density function shows the probability of Delek Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Delek Group has a beta of -0.69 suggesting as returns on the benchmark increase, returns on holding Delek are expected to decrease at a much lower rate. During a bear market, however, Delek Group is likely to outperform the market. Additionally Delek Group 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 Price Density |
| Price |
Predictive Modules for Delek
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 Group. 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'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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Delek is not an exception. The market had few large corrections towards the Delek'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 Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Delek within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | -0.69 | |
σ | Overall volatility | 1,341 | |
Ir | Information ratio | -0.06 |
Delek 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Delek Group 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 Group generated a negative expected return over the last 90 days | |
| Delek Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 49.0% of the company shares are held by company insiders |
Delek 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'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's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.3 M |
Delek Technical Analysis
Delek'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 Group. In general, you should focus on analyzing Delek Stock price patterns and their correlations with different microeconomic environments and drivers.
Delek Predictive Forecast Models
Delek's time-series forecasting models is one of many Delek'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'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 Group
Checking the ongoing alerts about Delek for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Delek Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Delek Group generated a negative expected return over the last 90 days | |
| Delek Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 49.0% of the company shares are held by company insiders |
Check out Delek Backtesting, Delek Valuation, Delek Correlation, Delek Hype Analysis, Delek Volatility, Delek History as well as Delek Performance. Note that the Delek Group information on this page should be used as a complementary analysis to other Delek's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Delek Stock analysis
When running Delek's price analysis, check to measure Delek'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 is operating at the current time. Most of Delek's value examination focuses on studying past and present price action to predict the probability of Delek'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's price. Additionally, you may evaluate how the addition of Delek to your portfolios can decrease your overall portfolio volatility.
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