HF Sinclair (STU:HL80) Momentum Rank : 3 (As of Apr. 27, 2024)

View and export this data going back to 2013. Start your Free Trial

What is HF Sinclair Momentum Rank?

HF Sinclair has the Momentum Rank of 3.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of HF Sinclair's Momentum Rank

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HF Sinclair's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HF Sinclair's Momentum Rank distribution charts can be found below:

* The bar in red indicates where HF Sinclair's Momentum Rank falls into.

HF Sinclair Momentum Rank Related Terms

Thank you for viewing the detailed overview of HF Sinclair's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

HF Sinclair (STU:HL80) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HF Sinclair Corp (STU:HL80) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

DINO:USA

Address

2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201

Website

https://www.hfsinclair.com

HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.

HF Sinclair (STU:HL80) Headlines

No Headlines