Diamondback Energy Stock Price on March 10, 2023

FANG Stock  USD 154.94  1.88  1.23%   
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 154.94, as last reported on the 22nd of December, with the highest price reaching 156.21 and the lowest price hitting 152.00 during the day.
IPO Date
12th of October 2012
200 Day MA
190.2469
50 Day MA
176.788
Beta
1.875
 
Yuan Drop
 
Covid
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 -0.12, which denotes the company had a -0.12% return per unit of standard deviation over the last 3 months. Diamondback Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamondback Energy's Coefficient Of Variation of (1,006), standard deviation of 2.12, and Mean Deviation of 1.65 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.

Sharpe Ratio = -0.1159

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFANG

Estimated Market Risk

 2.11
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  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
1.2087
Enterprise Value Ebitda
8.6531
Price Sales
4.9406
Shares Float
188.1 M
Dividend Share
8.29

Diamondback Energy Main Headline on 10th of March 2023

Diamondback Energy dividend paid on 10th of March 2023

Diamondback Energy Valuation on March 10, 2023

It is possible to determine the worth of Diamondback Energy on a given historical date. On March 10, 2023 Diamondback was worth 129.27 at the beginning of the trading date compared to the closed value of 125.85. 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
  132.47    134.70    129.26    129.58    1,704,936  
03/10/2023
  129.27    131.20    125.28    125.85    2,090,976  
  121.59    124.71    118.12    121.81    2,957,432  
Backtest Diamondback Energy  |  Diamondback Energy History  |  Diamondback Energy Valuation PreviousNext  
Open Value
129.27
122.93
Downside
125.85
Closing Value
135.61
Upside

Diamondback Energy Trading Date Momentum on March 10, 2023

On March 13 2023 Diamondback Energy was traded for  121.81  at the closing time. The top price for the day was 124.71  and the lowest listed price was  118.12 . The trading volume for the day was 3 M. The trading history from March 13, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.21% . The overall trading delta against the current closing price is 9.46% .
JavaScript chart by amCharts 3.21.1503/10/2023Feb 28MarMar 06Mar 09Mar 12Mar 15Mar 18115120125130135

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 ReportedProjected for Next Year
Common Stock Shares Outstanding180 M102.4 M
Net Income Applicable To Common SharesB5.3 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.
A focus of Diamondback Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Diamondback Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Diamondback Energy Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Diamondback Energy cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Diamondback Energy December 22, 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

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.

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.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Fundamental Analysis
View fundamental data based on most recent published financial statements
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk