|Horizon||30 Days Login to change|
Delek Drilling Market Sensitivity
|As returns on market increase, Delek Drilling returns are expected to increase less than the market. However during bear market, the loss on holding Delek Drilling will be expected to be smaller as well.One Month Beta |Analyze Delek Drilling Limited Demand TrendCheck current 30 days Delek Drilling correlation with market (DOW)|
β = 0.5321
Delek Drilling Limited Technical Analysis
Delek Drilling Projected Return Density Against MarketAssuming 30 trading days horizon, Delek Drilling has beta of 0.5321 suggesting as returns on market go up, Delek Drilling average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Delek Drilling Limited Partnership will be expected to be much smaller as well. Moreover, Delek Drilling Limited Partnership has an alpha of 0.4511 implying that it can potentially generate 0.4511% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Delek Drilling Return VolatilityDelek Drilling Limited Partnership accepts 2.1295% volatility on return distribution over the 30 days horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.