WhyIsItDown

Why is OKE down today?

-3.54%
$83.94 Today's range: $83.57 – $87.00

OKE is down 3.5% — significantly more than its β-adjusted expected move of 1.08%, suggesting company-specific factors are driving the decline.

Intraday Relative Performance

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Historical Context · 252 trading days

OKE moves this much roughly 11 times a year.

Expected vs Actual

Expected move -1.08%
Actual move -3.54%

If OKE just followed the market, we'd expect it near -1.08%.

Key Drivers

No high-relevance news found in the latest tick.

Editorial Analysis

"OKE's 3.54% drop is 2.0× larger than what its sector explains — this is company-specific."

OKE moved -3.63% today, exceeding what its sector benchmark (XLE) explains. The β-adjusted move flags this as company-specific rather than a sector-wide rotation.

We're still gathering reported context. This page will refresh with cited statements as new information arrives. The verdict here is purely statistical — based on observed price action versus the stock's idiosyncratic volatility band.

Related Sector Movers

No related movers available for this ticker yet.