HollyFrontier Current Valuation vs. Return On Equity
Considering HollyFrontier's profitability and operating efficiency indicators, HollyFrontier may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess HollyFrontier's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Please note, there is a significant difference between HollyFrontier's value and its price as these two are different measures arrived at by different means. Investors typically determine if HollyFrontier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HollyFrontier'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.
For HollyFrontier profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HollyFrontier to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HollyFrontier utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HollyFrontier's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HollyFrontier over time as well as its relative position and ranking within its peers.
HollyFrontier |
HollyFrontier Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HollyFrontier's current stock value. Our valuation model uses many indicators to compare HollyFrontier value to that of its competitors to determine the firm's financial worth. HollyFrontier is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in return on equity category among its peers . The ratio of Current Valuation to Return On Equity for HollyFrontier is about 834,375,000 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the HollyFrontier's earnings, one of the primary drivers of an investment's value.HollyFrontier Current Valuation vs. Competition
HollyFrontier is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Oil & Gas Refining & Marketing industry is currently estimated at about 135.26 Billion. HollyFrontier holds roughly 8.01 Billion in current valuation claiming about 6% of all equities under Oil & Gas Refining & Marketing industry.
HollyFrontier Return On Equity vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
HollyFrontier |
| = | 8.01 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
HollyFrontier |
| = | 9.6 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
HollyFrontier Return On Equity Comparison
HollyFrontier is currently under evaluation in return on equity category among its peers.
HollyFrontier Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HollyFrontier, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HollyFrontier will eventually generate negative long term returns. The profitability progress is the general direction of HollyFrontier's change in net profit over the period of time. It can combine multiple indicators of HollyFrontier, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
HollyFrontier Corporation operates as an independent petroleum refiner in the United States. HollyFrontier Corporation was incorporated in 1947 and is headquartered in Dallas, Texas. Hollyfrontier Corp operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 3891 people.
HollyFrontier Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HollyFrontier. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of HollyFrontier position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the HollyFrontier's important profitability drivers and their relationship over time.
Use HollyFrontier in pair-trading
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 HollyFrontier 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 HollyFrontier will appreciate offsetting losses from the drop in the long position's value.HollyFrontier Pair Trading
HollyFrontier Pair Trading Analysis
The ability to find closely correlated positions to Stericycle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stericycle 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 Stericycle - 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 Stericycle to buy it.
The correlation of Stericycle 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 Stericycle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stericycle 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 Stericycle 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.Use Investing Themes to Complement your HollyFrontier position
In addition to having HollyFrontier in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in HollyFrontier Stock
If you are still planning to invest in HollyFrontier check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the HollyFrontier's history and understand the potential risks before investing.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| CEOs Directory Screen CEOs from public companies around the world |