Heres Crossroads Capitals Updates on Calumet
| CLMT Stock | USD 21.38 0.07 0.33% |
Slightly above 53% of Calumet Specialty's investor base is interested to short. The current sentiment regarding investing in Calumet Specialty Products stock implies that many traders are impartial. Calumet Specialty's investing sentiment can be driven by a variety of factors including economic data, Calumet Specialty's earnings reports, geopolitical events, and overall market trends.
Calumet |
Crossroads Capital LLC, an investment management company released its third quarter 2024 investor letter. A copy of the same can be downloaded here. The Crossroads Capital Investment Partners, LP returned 4.2 percent net of all fees and expenses, bringing YTD net returns to 8.9. The fund has compounded at 15.7 percent and 17.9 percent net, respectively, since inception,
Read at finance.yahoo.com
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Calumet Specialty Fundamental Analysis
We analyze Calumet Specialty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Calumet Specialty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Calumet Specialty 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.
EBITDA
EBITDA Comparative Analysis
Calumet Specialty is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Calumet Specialty Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Calumet Specialty stock to make a market-neutral strategy. Peer analysis of Calumet Specialty could also be used in its relative valuation, which is a method of valuing Calumet Specialty by comparing valuation metrics with similar companies.
Peers
Calumet Specialty Related Equities
| REI | Ring Energy | 4.23 | ||||
| PNRG | PrimeEnergy | 2.90 | ||||
| CNX | CNX Resources | 2.46 | ||||
| GPRK | GeoPark | 1.54 | ||||
| MGY | Magnolia Oil | 1.29 | ||||
| VTLE | Vital Energy | 1.27 | ||||
| GRNT | Granite Ridge | 0.89 | ||||
| GPOR | Gulfport Energy | 0.88 | ||||
| PR | Permian Resources | 0.33 | ||||
| CRGY | Crescent Energy | 0.06 | ||||
| BATL | Battalion Oil | 1.14 | ||||
| PHX | PHX Minerals | 1.26 | ||||
| EPSN | Epsilon Energy | 3.20 |
Additional Tools for Calumet Stock Analysis
When running Calumet Specialty's price analysis, check to measure Calumet Specialty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Calumet Specialty is operating at the current time. Most of Calumet Specialty's value examination focuses on studying past and present price action to predict the probability of Calumet Specialty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calumet Specialty's price. Additionally, you may evaluate how the addition of Calumet Specialty to your portfolios can decrease your overall portfolio volatility.