Hf Sinclair Corp Stock Volatility
| DINO Stock | USD 42.91 0.02 0.05% |
HF Sinclair Corp retains Efficiency (Sharpe Ratio) of -0.086, which attests that the entity had a -0.086% return per unit of price deviation over the last 3 months. HF Sinclair exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HF Sinclair's Coefficient Of Variation of (1,528), information ratio of (0.11), and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. Key indicators related to HF Sinclair's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
HF Sinclair 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 DINO daily returns, and it is calculated using variance and standard deviation. We also use DINO's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of HF Sinclair volatility.
DINO |
ESG Sustainability
While most ESG disclosures are voluntary, HF Sinclair's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HF Sinclair's managers and investors.Environmental | Governance | Social |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as HF Sinclair can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of HF Sinclair at lower prices. For example, an investor can purchase DINO stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of HF Sinclair's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving together with DINO Stock
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| 0.73 | PBF | PBF Energy Earnings Call This Week | PairCorr |
Moving against DINO Stock
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| 0.54 | MITSY | Mitsui Company Earnings Call This Week | PairCorr |
| 0.52 | CAPL | Crossamerica Partners | PairCorr |
| 0.48 | WKC | World Kinect | PairCorr |
| 0.46 | EE | Excelerate Energy | PairCorr |
| 0.38 | SGU | Star Gas Partners | PairCorr |
| 0.31 | AM | Antero Midstream Partners Earnings Call This Week | PairCorr |
HF Sinclair Market Sensitivity And Downside Risk
HF Sinclair's beta coefficient measures the volatility of DINO 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 DINO stock's returns against your selected market. In other words, HF Sinclair's beta of 1.21 provides an investor with an approximation of how much risk HF Sinclair stock can potentially add to one of your existing portfolios. HF Sinclair Corp exhibits very low volatility with skewness of -0.21 and kurtosis of 0.98. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure HF Sinclair's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact HF Sinclair's 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 HF Sinclair Corp Demand TrendCheck current 90 days HF Sinclair correlation with market (Dow Jones Industrial)DINO Beta |
DINO 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 | 2.23 |
It is essential to understand the difference between upside risk (as represented by HF Sinclair's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of HF Sinclair's daily returns or price. Since the actual investment returns on holding a position in dino 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 HF Sinclair.
HF Sinclair Corp Stock Volatility Analysis
Volatility refers to the frequency at which HF Sinclair stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with HF Sinclair's price changes. Investors will then calculate the volatility of HF Sinclair's 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 HF Sinclair's volatility:
Historical Volatility
This type of stock volatility measures HF Sinclair's fluctuations based on previous trends. It's commonly used to predict HF Sinclair's 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 HF Sinclair's 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 HF Sinclair's 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. HF Sinclair Corp 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.
HF Sinclair Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 1.2069 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HF Sinclair will likely underperform.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 HF Sinclair 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 HF Sinclair's 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 DINO 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.
HF Sinclair Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a HF Sinclair 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.HF Sinclair Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of HF Sinclair is -1163.07. The daily returns are distributed with a variance of 4.98 and standard deviation of 2.23. The mean deviation of HF Sinclair Corp is currently at 1.64. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.78
α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 1.21 | |
σ | Overall volatility | 2.23 | |
Ir | Information ratio | -0.11 |
HF Sinclair Stock Return Volatility
HF Sinclair historical daily return volatility represents how much of HF Sinclair stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 2.2322% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.773% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About HF Sinclair Volatility
Volatility is a rate at which the price of HF Sinclair 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 HF Sinclair may increase or decrease. In other words, similar to DINO's beta indicator, it measures the risk of HF Sinclair and helps estimate the fluctuations that may happen in a short period of time. So if prices of HF Sinclair 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 | ||
| Market Cap | 6.7 B | 7 B |
HF Sinclair's 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 DINO Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much HF Sinclair's price varies over time.
3 ways to utilize HF Sinclair's volatility to invest better
Higher HF Sinclair's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of HF Sinclair Corp 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. HF Sinclair Corp 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 HF Sinclair Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in HF Sinclair's 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 HF Sinclair's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
HF Sinclair Investment Opportunity
HF Sinclair Corp has a volatility of 2.23 and is 2.9 times more volatile than Dow Jones Industrial. 19 percent of all equities and portfolios are less risky than HF Sinclair. You can use HF Sinclair Corp to enhance the returns of your portfolios. The stock experiences a normal upward fluctuation. Check odds of HF Sinclair to be traded at $45.06 in 90 days.Very weak diversification
The correlation between HF Sinclair Corp and DJI is 0.42 (i.e., Very weak 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.
HF Sinclair Additional Risk Indicators
The analysis of HF Sinclair's 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 HF Sinclair's investment and either accepting that risk or mitigating it. Along with some common measures of HF Sinclair 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 1.65 | |||
| Coefficient Of Variation | (1,528) | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.96 | |||
| Information Ratio | (0.11) |
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.
HF Sinclair 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.
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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 HF Sinclair 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. HF Sinclair's 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, HF Sinclair's 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 HF Sinclair Corp.
When determining whether HF Sinclair Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HF Sinclair's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hf Sinclair Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hf Sinclair Corp 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. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Oil & Gas Refining & Marketing 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 HF Sinclair. If investors know DINO 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 HF Sinclair 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 (0.70) | Dividend Share 1.9 | Earnings Share 6.27 | Revenue Per Share 164.906 | Quarterly Revenue Growth 0.002 |
The market value of HF Sinclair Corp is measured differently than its book value, which is the value of DINO that is recorded on the company's balance sheet. Investors also form their own opinion of HF Sinclair's value that differs from its market value or its book value, called intrinsic value, which is HF Sinclair's 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 HF Sinclair's market value can be influenced by many factors that don't directly affect HF Sinclair's 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 HF Sinclair's value and its price as these two are different measures arrived at by different means. Investors typically determine if HF Sinclair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HF Sinclair's 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.