HF Sinclair Correlations

DINO Stock

USD 30.07 0.46 1.51%

The current 90-days correlation between HF Sinclair Corp and PBF Energy is 0.78 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HF Sinclair moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HF Sinclair Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

HF Sinclair Correlation With Market

Poor diversification

The correlation between HF Sinclair Corp and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HF Sinclair Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with DINO Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in HF Sinclair Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with DINO Stock

0.91	DK	Delek Energy Earnings Call Shortly	Pair Corr
0.61	CVI	CVR Energy	Pair Corr
0.69	DKL	Delek Logistics Partners Earnings Call Shortly	Pair Corr
0.84	IEP	Icahn Enterprises Earnings Call Shortly	Pair Corr
0.96	MPC	Marathon Petroleum Corp Earnings Call Shortly	Pair Corr
0.88	PBF	PBF Energy	Pair Corr
0.81	PSX	Phillips 66	Pair Corr
0.94	VLO	Valero Energy	Pair Corr
0.77	WKC	World Kinect	Pair Corr
0.78	PARR	Par Pacific Holdings	Pair Corr
0.81	AMTX	Aemetis Earnings Call Shortly	Pair Corr
0.84	CLNE	Clean Energy Fuels Earnings Call Shortly	Pair Corr
0.73	AR	Antero Resources Corp	Pair Corr
0.68	BP	BP PLC ADR	Pair Corr
0.79	EE	Excelerate Energy	Pair Corr
0.95	ET	Energy Transfer LP Earnings Call Shortly	Pair Corr
0.83	EU	enCore Energy Corp Earnings Call Shortly	Pair Corr
0.85	HP	Helmerich and Payne	Pair Corr
0.92	NE	Noble plc Earnings Call Shortly	Pair Corr
0.94	PR	Permian Resources Earnings Call Shortly	Pair Corr
0.92	SD	SandRidge Energy Earnings Call Shortly	Pair Corr
0.95	SM	SM Energy	Pair Corr
0.91	SU	Suncor Energy Earnings Call Shortly	Pair Corr
0.72	TK	Teekay	Pair Corr
0.83	TS	Tenaris SA ADR	Pair Corr
0.81	DLNG	Dynagas LNG Partners	Pair Corr
0.92	DMLP	Dorchester Minerals	Pair Corr
0.86	VIST	Vista Oil Gas	Pair Corr

Moving against DINO Stock

0.65	NC	NACCO Industries	Pair Corr
0.32	EPSN	Epsilon Energy	Pair Corr

Related Correlations Analysis

	DK	CVI	VLO	MPC	DKL	PBF	PARR	PSX	SUN
DK		0.54	0.89	0.87	0.74	0.9	0.83	0.74	0.28	DK
CVI	0.54		0.69	0.71	0.6	0.43	0.36	0.66	0.42	CVI
VLO	0.89	0.69		0.95	0.82	0.85	0.66	0.9	0.32	VLO
MPC	0.87	0.71	0.95		0.76	0.78	0.69	0.86	0.43	MPC
DKL	0.74	0.6	0.82	0.76		0.62	0.44	0.82	0.46	DKL
PBF	0.9	0.43	0.85	0.78	0.62		0.84	0.65	0.11	PBF
PARR	0.83	0.36	0.66	0.69	0.44	0.84		0.37	0.05	PARR
PSX	0.74	0.66	0.9	0.86	0.82	0.65	0.37		0.47	PSX
SUN	0.28	0.42	0.32	0.43	0.46	0.11	0.05	0.47		SUN
	DK	CVI	VLO	MPC	DKL	PBF	PARR	PSX	SUN

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Risk-Adjusted Indicators

There is a big difference between DINO Stock performing well and HF Sinclair Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze HF Sinclair's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DK	3.17	(0.30)	0.00	(3.38)	0.00	0.00	5.92	(7.81)	24.53
CVI	2.61	0.09	0.00	(0.05)	0.00	0.00	5.18	(4.49)	17.67
VLO	2.11	(0.06)	0.00	(0.19)	0.00	0.00	3.33	(4.58)	19.47
MPC	2.14	0.08	0.00	(0.08)	0.00	0.00	3.55	(5.26)	19.80
DKL	1.48	(0.01)	0.00	(0.15)	0.00	0.00	2.58	(2.57)	10.61
PBF	3.20	(0.51)	0.00	(0.45)	0.00	0.00	5.44	(9.01)	24.08
PARR	3.10	(0.23)	0.00	1.90	0.00	0.00	6.58	(8.07)	20.05
PSX	2.06	0.00	0.00	(0.14)	0.00	0.00	4.01	(3.85)	18.49
SUN	1.29	0.10	0.12	(0.90)	1.89	(1.24)	2.72	(2.87)	9.82

HF Sinclair Corporate Management

John Harrison	VP Treasurer	Profile
Leldon Echols	Independent Director	Profile
Vaishali Bhatia	Senior Vice President General Counsel, Secretary	Profile
Eric Nitcher	Executive Counsel	Profile
Thomas Creery	President of Renewables	Profile
Valeria Pompa	Executive Operations	Profile

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