Cvr Partners Lp Stock Beta
| UAN Stock | USD 95.68 0.95 1.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess CVR Partners' long-term financial health and intrinsic value.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. CVR Partners LP Company Beta Analysis
CVR Partners' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current CVR Partners Beta | 1.1 |
Most of CVR Partners' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CVR Partners LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, CVR Partners LP has a Beta of 1.104. This is 26.9% higher than that of the Chemicals sector and 29.88% higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
CVR Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CVR Partners' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CVR Partners could also be used in its relative valuation, which is a method of valuing CVR Partners by comparing valuation metrics of similar companies.CVR Partners is currently under evaluation in beta category among its peers.
CVR Partners returns are very sensitive to returns on the market. As the market goes up or down, CVR Partners is expected to follow.
CVR Fundamentals
| Return On Equity | 0.28 | ||||
| Return On Asset | 0.0806 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 1.47 B | ||||
| Shares Outstanding | 10.57 M | ||||
| Shares Owned By Insiders | 0.35 % | ||||
| Shares Owned By Institutions | 47.33 % | ||||
| Number Of Shares Shorted | 110.31 K | ||||
| Price To Earning | 4.31 X | ||||
| Price To Book | 3.19 X | ||||
| Price To Sales | 1.76 X | ||||
| Revenue | 525.32 M | ||||
| Gross Profit | 239.14 M | ||||
| EBITDA | 178.9 M | ||||
| Net Income | 60.9 M | ||||
| Cash And Equivalents | 90.86 M | ||||
| Cash Per Share | 14.79 X | ||||
| Total Debt | 585.25 M | ||||
| Debt To Equity | 1.20 % | ||||
| Current Ratio | 2.96 X | ||||
| Book Value Per Share | 29.95 X | ||||
| Cash Flow From Operations | 150.54 M | ||||
| Short Ratio | 4.77 X | ||||
| Earnings Per Share | 8.32 X | ||||
| Price To Earnings To Growth | (1.30) X | ||||
| Target Price | 9.5 | ||||
| Number Of Employees | 316 | ||||
| Beta | 1.1 | ||||
| Market Capitalization | 1.01 B | ||||
| Total Asset | 1.02 B | ||||
| Retained Earnings | 286.8 M | ||||
| Working Capital | 122.19 M | ||||
| Current Asset | 98.55 M | ||||
| Current Liabilities | 25.91 M | ||||
| Annual Yield | 0.1 % | ||||
| Five Year Return | 10.42 % | ||||
| Net Asset | 1.02 B | ||||
| Last Dividend Paid | 9.09 |
About CVR Partners Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CVR Partners LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CVR Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CVR Partners LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with CVR Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVR Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVR Partners will appreciate offsetting losses from the drop in the long position's value.Moving against CVR Stock
| 0.69 | IPI | Intrepid Potash Earnings Call This Week | PairCorr |
| 0.64 | NITO | N2OFF Inc | PairCorr |
| 0.61 | AVD | American Vanguard Earnings Call This Week | PairCorr |
| 0.52 | BIOX | Bioceres Crop Solutions | PairCorr |
| 0.49 | VAPEW | CEA Industries Symbol Change | PairCorr |
The ability to find closely correlated positions to CVR Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVR Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVR Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVR Partners LP to buy it.
The correlation of CVR Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVR Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVR Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVR Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out CVR Partners Piotroski F Score and CVR Partners Altman Z Score analysis. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Fertilizers & Agricultural Chemicals 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 CVR Partners. If investors know CVR 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 CVR Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CVR Partners LP is measured differently than its book value, which is the value of CVR that is recorded on the company's balance sheet. Investors also form their own opinion of CVR Partners' value that differs from its market value or its book value, called intrinsic value, which is CVR Partners' 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 CVR Partners' market value can be influenced by many factors that don't directly affect CVR Partners' 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 CVR Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if CVR Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVR Partners' 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.