|Horizon||30 Days Login to change|
Delek Automotive Market Sensitivity
|As returns on market increase, Delek Automotive returns are expected to increase less than the market. However during bear market, the loss on holding Delek Automotive will be expected to be smaller as well.One Month Beta |Analyze Delek Automotive Systems Demand TrendCheck current 30 days Delek Automotive correlation with market (DOW)|
β = 0.203
Delek Automotive Systems Technical Analysis
Delek Automotive Projected Return Density Against MarketAssuming 30 trading days horizon, Delek Automotive has beta of 0.203 suggesting as returns on market go up, Delek Automotive average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Delek Automotive Systems Ltd will be expected to be much smaller as well. Additionally, Delek Automotive Systems Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Delek Automotive Return VolatilityDelek Automotive Systems Ltd accepts 2.2157% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.