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DKNG Stock Analysis

Data source: Trade-Ideas Alerts | 495 alerts analyzed | Backtest period: 2022-01-03 → 2025-02-14

🏢 Company Profile

DraftKings Inc. Class A Common Stock SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION (SIC 7990)
📍 NASDAQ 📅 IPO: Apr 24, 2020 🔗 www.draftkings.com
💰 Market Cap: $14.92B 👥 Employees: 5,100
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. DraftKings is now live with online or retail sports betting in 28 states and i-gaming in 5 states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company plans to launch a predictive event platform in late 2025 and also operates a non-fungible token commission-based marketplace and develops and licenses online gaming products.
📊
495
Total Alerts
🎯
52.4%
Win Rate (30MIN)
💰
+0.08%
Avg Gain (30MIN)
🚀
+3.18%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 50.0%
Avg Gain: +0.05%
Avg Winner: +0.88%
Avg Loser: -0.81%
Best: +3.44%
Worst: -4.64%
Trades: 247/239

15MIN

Win Rate: 47.0%
Avg Gain: -0.05%
Avg Winner: +1.47%
Avg Loser: -1.43%
Best: +6.53%
Worst: -7.71%
Trades: 232/256

30MIN

Win Rate: 52.4%
Avg Gain: +0.08%
Avg Winner: +1.81%
Avg Loser: -1.87%
Best: +10.60%
Worst: -11.51%
Trades: 259/229

60MIN

Win Rate: 50.4%
Avg Gain: +0.04%
Avg Winner: +2.28%
Avg Loser: -2.25%
Best: +11.56%
Worst: -9.92%
Trades: 249/242

EOD (End of Day)

Win Rate: 50.7%
Avg Gain: +0.09%
Avg Winner: +3.29%
Avg Loser: -3.22%
Best: +19.75%
Worst: -14.38%
Trades: 251/243

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +3.18%
Best MFE: +19.97%
Avg Time to MFE: 136 min

On average, DKNG alerts reach +3.18% profit potential within 136 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -1.24%
Worst MAE: -11.31%
Avg Time to MAE: 14 min

Before reaching MFE, expect an average drawdown of 1.24%.

⚖️ Risk/Reward Ratio

2.56:1

Excellent risk/reward - potential gain is 2.56x the typical drawdown.

💡 Trading Insight: Based on 495 alerts, DKNG typically reaches +3.18% profit before pulling back. Consider setting profit targets around 2.5% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 495
Gap Up % 36.8%
Avg Gap -0.12%
Best Gap +2.88%

🏭 Sector Comparison: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION

How DKNG compares to 8 other tickers in the same sector.

5-Min Gain
DKNG: +0.05% Sector: +0.00% +0.04%
EOD Gain
DKNG: +0.08% Sector: +7.84% -7.75%
Avg MFE
DKNG: +3.18% Sector: +2.23% +0.95%

📋 Last 20 Alerts

Historical DKNG alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2025-02-14 09:26:59 $48.3 +3.43% +2.95% +6.61% +10.05% +10.75% +10.99% -0.62% +0.87% WIN
2025-02-13 09:26:44 $44.76 +1.70% +0.92% +1.99% +2.55% +3.78% +5.23% -0.34% +0.45% WIN
2025-02-10 09:26:45 $42.31 +0.80% +0.12% -0.24% +0.39% +1.25% +1.94% +0.61% +0.83% WIN
2025-02-05 09:27:01 $42.71 -1.94% -1.18% -1.94% -1.80% -1.10% +0.18% -1.12% -0.42% LOSS
2025-02-04 09:27:58 $40.2 +0.81% +0.30% +0.42% -0.57% +3.86% +4.48% -1.09% +0.07% WIN
2025-02-03 09:29:35 $41.07 +1.51% +2.24% +1.41% +2.14% +0.78% +3.21% -0.51% - WIN
2025-01-08 09:26:36 $37.26 +3.17% +3.46% +3.22% +3.73% +2.93% +4.37% +0.03% +0.59% WIN
2024-11-14 09:26:14 $42.4 -0.87% -1.93% -1.89% -2.50% -2.97% -0.12% -0.73% -0.80% LOSS
2024-11-12 09:25:57 $42.0 +1.40% +2.07% +1.98% +0.33% -0.69% +3.13% - +0.36% WIN
2024-11-11 09:25:34 $42.22 -1.16% -0.97% -2.12% +0.37% +2.34% +2.63% -2.70% -0.83% LOSS
2024-11-08 09:28:49 $38.93 +1.67% -1.62% +1.72% +4.73% +3.08% +6.33% -2.12% +0.49% WIN
2024-11-07 09:26:41 $38.9 -1.11% -0.33% -0.60% -0.34% +0.21% +1.23% -1.54% -0.67% LOSS
2024-11-06 09:29:24 $38.2 -0.41% +0.30% -1.24% -1.05% +0.13% +1.35% -1.10% -0.18% LOSS
2024-11-04 09:27:52 $35.65 -1.50% -0.65% +0.28% +0.76% +0.11% +1.69% -1.54% -0.17% LOSS
2024-10-29 09:28:48 $36.54 -1.29% -0.44% -0.25% -0.10% +0.63% +1.04% -1.40% +0.03% LOSS
2024-10-18 09:29:17 $38.68 +1.05% +0.77% +1.19% +0.56% -0.57% +1.73% -0.18% +0.08% WIN
2024-09-25 09:25:49 $41.14 -0.91% -1.12% -1.14% -1.39% -0.10% +2.04% -2.38% -0.32% LOSS
2024-09-19 09:26:42 $39.15 -0.18% -0.55% -0.72% -0.69% +0.31% +0.86% -1.35% -0.08% LOSS
2024-09-10 09:29:09 $36.78 -0.60% -0.71% -0.27% -0.35% -0.46% +1.82% -0.08% -0.08% LOSS
2024-08-15 09:25:19 $32.75 +0.50% +2.84% +2.05% +3.21% +4.24% +4.95% - +0.24% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 52.4% Baseline on DKNG

The 52.4% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push DKNG's performance to 75%+.

Optimize DKNG Strategy →

Why Analyze DKNG with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for DKNG. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, DKNG historically offers an average upside of +3.18% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 DKNG Momentum Personality

With a baseline win rate of 52.4%, DKNG shows neutral behavior, suggesting the need for additional volume confirmation.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show DKNG performs best on the 30MIN timeframe (Avg Gain: +0.08%), signaling that gains often fade later in the session.