Delek Logistics Partners Stock Volatility
| DKL Stock | USD 41.87 0.72 1.75% |
As of now, Delek Stock is very steady. Delek Logistics Partners secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Delek Logistics Partners, which you can use to evaluate the volatility of the firm. Please confirm Delek Logistics' Mean Deviation of 0.8214, downside deviation of 1.04, and Coefficient Of Variation of 606.43 to check if the risk estimate we provide is consistent with the expected return of 0.16%. Key indicators related to Delek Logistics' volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Delek Logistics Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Delek daily returns, and it is calculated using variance and standard deviation. We also use Delek's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Delek Logistics volatility.
Delek |
ESG Sustainability
While most ESG disclosures are voluntary, Delek Logistics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Delek Logistics' managers and investors.Environmental | Governance | Social |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Delek Logistics at lower prices. For example, an investor can purchase Delek stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving against Delek Stock
| 0.66 | IEP | Icahn Enterprises | PairCorr |
| 0.58 | UGP | Ultrapar Participacoes | PairCorr |
| 0.56 | DINO | HF Sinclair Corp | PairCorr |
| 0.39 | PSX | Phillips 66 | PairCorr |
Delek Logistics Market Sensitivity And Downside Risk
Delek Logistics' beta coefficient measures the volatility of Delek stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Delek stock's returns against your selected market. In other words, Delek Logistics's beta of 0.25 provides an investor with an approximation of how much risk Delek Logistics stock can potentially add to one of your existing portfolios. Delek Logistics Partners has relatively low volatility with skewness of 0.16 and kurtosis of 0.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Delek Logistics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Delek Logistics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Delek Logistics Partners Demand TrendCheck current 90 days Delek Logistics correlation with market (Dow Jones Industrial)Delek Beta |
Delek standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 1.1 |
It is essential to understand the difference between upside risk (as represented by Delek Logistics's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Delek Logistics' daily returns or price. Since the actual investment returns on holding a position in delek stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Delek Logistics.
Using Delek Put Option to Manage Risk
Put options written on Delek Logistics grant holders of the option the right to sell a specified amount of Delek Logistics at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Delek Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Delek Logistics' position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Delek Logistics will be realized, the loss incurred will be offset by the profits made with the option trade.
Delek Logistics' PUT expiring on 2025-05-16
Profit |
| Delek Logistics Price At Expiration |
Current Delek Logistics Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | DKL250516P00050000 | -0.809393 | 0.032196 | 25 | 2025-05-16 | 7.0 - 11.5 | 0.0 | View |
Put | DKL250516P00045000 | -0.731709 | 0.063027 | 14 | 2025-05-16 | 2.2 - 6.5 | 0.0 | View |
Put | DKL250516P00040000 | -0.373124 | 0.064679 | 191 | 2025-05-16 | 1.4 - 1.85 | 0.0 | View |
Put | DKL250516P00035000 | -0.130389 | 0.031295 | 499 | 2025-05-16 | 0.3 - 0.65 | 0.0 | View |
Put | DKL250516P00030000 | -0.100795 | 0.014689 | 1 | 2025-05-16 | 0.0 - 1.3 | 0.0 | View |
Put | DKL250516P00025000 | -0.12278 | 0.008184 | 25 | 2025-05-16 | 0.0 - 4.0 | 0.0 | View |
Delek Logistics Partners Stock Volatility Analysis
Volatility refers to the frequency at which Delek Logistics stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Delek Logistics' price changes. Investors will then calculate the volatility of Delek Logistics' stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Delek Logistics' volatility:
Historical Volatility
This type of stock volatility measures Delek Logistics' fluctuations based on previous trends. It's commonly used to predict Delek Logistics' future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Delek Logistics' current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Delek Logistics' to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Delek Logistics Partners Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Delek Logistics Projected Return Density Against Market
Considering the 90-day investment horizon Delek Logistics has a beta of 0.2519 suggesting as returns on the market go up, Delek Logistics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Delek Logistics Partners will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Delek Logistics or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Delek Logistics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Delek stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Delek Logistics Partners has an alpha of 0.1674, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Delek Logistics Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Delek Logistics Stock Risk Measures
Considering the 90-day investment horizon the coefficient of variation of Delek Logistics is 671.95. The daily returns are distributed with a variance of 1.22 and standard deviation of 1.1. The mean deviation of Delek Logistics Partners is currently at 0.84. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.71
α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | 0.15 |
Delek Logistics Stock Return Volatility
Delek Logistics historical daily return volatility represents how much of Delek Logistics stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company has volatility of 1.1035% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.713% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Delek Logistics Volatility
Volatility is a rate at which the price of Delek Logistics or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Delek Logistics may increase or decrease. In other words, similar to Delek's beta indicator, it measures the risk of Delek Logistics and helps estimate the fluctuations that may happen in a short period of time. So if prices of Delek Logistics fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 2.2 M | 2.1 M | |
| Market Cap | 1.7 B | 1.8 B |
Delek Logistics' stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Delek Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Delek Logistics' price varies over time.
3 ways to utilize Delek Logistics' volatility to invest better
Higher Delek Logistics' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Delek Logistics Partners stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Delek Logistics Partners stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Delek Logistics Partners investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Delek Logistics' stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Delek Logistics' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Delek Logistics Investment Opportunity
Delek Logistics Partners has a volatility of 1.1 and is 1.55 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Delek Logistics Partners is lower than 9 percent of all global equities and portfolios over the last 90 days. You can use Delek Logistics Partners to enhance the returns of your portfolios. The stock experiences a large bullish trend. Check odds of Delek Logistics to be traded at $46.06 in 90 days.Average diversification
The correlation between Delek Logistics Partners and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delek Logistics Partners and DJI in the same portfolio, assuming nothing else is changed.
Delek Logistics Additional Risk Indicators
The analysis of Delek Logistics' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Delek Logistics' investment and either accepting that risk or mitigating it. Along with some common measures of Delek Logistics stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1202 | |||
| Market Risk Adjusted Performance | 0.6758 | |||
| Mean Deviation | 0.8214 | |||
| Semi Deviation | 0.8201 | |||
| Downside Deviation | 1.04 | |||
| Coefficient Of Variation | 606.43 | |||
| Standard Deviation | 1.08 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Delek Logistics Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Delek Logistics as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Delek Logistics' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Delek Logistics' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Delek Logistics Partners.
When determining whether Delek Logistics Partners is a strong investment it is important to analyze Delek Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delek Logistics' future performance. For an informed investment choice regarding Delek Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delek Logistics. If investors know Delek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delek Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 4.315 | Earnings Share 2.82 | Revenue Per Share | Quarterly Revenue Growth (0.22) |
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.