|Horizon||30 Days Login to change|
Delek Energy Market Sensitivity
|As returns on market increase, returns on owning Delek Energy are expected to decrease at a much smaller rate. During bear market, Delek Energy is likely to outperform the market.One Month Beta |Analyze Delek Energy Systems Demand TrendCheck current 30 days Delek Energy correlation with market (DOW)|
β = -0.0196
Delek Energy Systems Technical Analysis
Delek Energy Projected Return Density Against MarketAssuming 30 trading days horizon, Delek Energy Systems Ltd has beta of -0.0196 suggesting as returns on benchmark increase, returns on holding Delek Energy are expected to decrease at a much smaller rate. During bear market, however, Delek Energy Systems Ltd is likely to outperform the market. In addition to that, Delek Energy Systems Ltd has an alpha of 1.1944 implying that it can potentially generate 1.1944% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Delek Energy Return VolatilityDelek Energy Systems Ltd accepts 1.2357% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.