Diamondback Energy Stock Market Value
| FANG Stock | USD 201.50 3.87 1.96% |
| Symbol | Diamondback |
Diamondback Energy Price To Book Ratio
Is Diamondback 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 Diamondback Energy. If investors know Diamondback 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 Diamondback 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 0.102 | Dividend Share 9.26 | Earnings Share 17.73 | Revenue Per Share 46.192 | Quarterly Revenue Growth 0.225 |
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback 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 Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback 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 Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback 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.
Diamondback Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Diamondback Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Diamondback Energy.
| 04/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in Diamondback Energy on April 4, 2024 and sell it all today you would earn a total of 0.00 from holding Diamondback Energy or generate 0.0% return on investment in Diamondback Energy over 30 days. Diamondback Energy is related to or competes with Devon Energy, Coterra Energy, EOG Resources, ConocoPhillips, Antero Resources, Vital Energy, and Pioneer Natural. Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, explorati... More
Diamondback Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Diamondback Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Diamondback Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.2247 | |||
| Maximum Drawdown | 11.93 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 1.96 |
Diamondback Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamondback Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diamondback Energy's standard deviation. In reality, there are many statistical measures that can use Diamondback Energy historical prices to predict the future Diamondback Energy's volatility.| Risk Adjusted Performance | 0.1785 | |||
| Jensen Alpha | 0.3782 | |||
| Total Risk Alpha | 0.2583 | |||
| Sortino Ratio | 0.2985 | |||
| Treynor Ratio | 0.4997 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Diamondback Energy'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.
Diamondback Energy Backtested Returns
Diamondback Energy appears to be very steady, given 3 months investment horizon. Diamondback Energy secures Sharpe Ratio (or Efficiency) of 0.31, which denotes the company had a 0.31% return per unit of standard deviation over the last 3 months. By reviewing Diamondback Energy's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Diamondback Energy's Downside Deviation of 1.24, semi deviation of 0.7422, and Mean Deviation of 1.02 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Diamondback Energy holds a performance score of 24. The firm shows a Beta (market volatility) of 0.88, which means possible diversification benefits within a given portfolio. Diamondback Energy returns are very sensitive to returns on the market. As the market goes up or down, Diamondback Energy is expected to follow. Please check Diamondback Energy's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether Diamondback Energy's price patterns will revert.
Auto-correlation | 0.67 |
Good predictability
Diamondback Energy has good predictability. Overlapping area represents the amount of predictability between Diamondback Energy time series from 4th of April 2024 to 19th of April 2024 and 19th of April 2024 to 4th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Diamondback Energy price movement. The serial correlation of 0.67 indicates that around 67.0% of current Diamondback Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 11.98 |
Diamondback Energy lagged returns against current returns
Autocorrelation, which is Diamondback Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Diamondback Energy's stock expected returns. We can calculate the autocorrelation of Diamondback Energy returns to help us make a trade decision. For example, suppose you find that Diamondback Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Diamondback Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Diamondback Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diamondback Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diamondback Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Diamondback Energy Lagged Returns
When evaluating Diamondback Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diamondback Energy stock have on its future price. Diamondback Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Diamondback Energy autocorrelation shows the relationship between Diamondback Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Diamondback Energy.
Regressed Prices |
| Timeline |
Diamondback Energy Investors Sentiment
The influence of Diamondback 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 Diamondback. 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 Diamondback Energy's public news can be used to forecast risks associated with an investment in Diamondback. The trend in average sentiment can be used to explain how an investor holding Diamondback can time the market purely based on public headlines and social activities around Diamondback Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Diamondback 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 Diamondback 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 Diamondback Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Diamondback Energy.
Diamondback Energy Implied Volatility | 24.15 |
Diamondback Energy's implied volatility exposes the market's sentiment of Diamondback Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Diamondback Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Diamondback Energy stock will not fluctuate a lot when Diamondback Energy's options are near their expiration.
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 Diamondback 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, Diamondback Energy's short interest history, or implied volatility extrapolated from Diamondback Energy options trading.
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Try AI Portfolio ArchitectCheck out Diamondback Energy Correlation, Diamondback Energy Volatility and Diamondback Energy Alpha and Beta module to complement your research on Diamondback Energy. For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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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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.