HF Sinclair Correlations

DINO Stock

USD 42.03 0.20 0.48%

The current 90-days correlation between HF Sinclair Corp and Delek Energy is 0.75 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HF Sinclair moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HF Sinclair Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

HF Sinclair Correlation With Market

Very weak diversification

The correlation between HF Sinclair Corp and DJI is 0.45 (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.

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.

Moving together with DINO Stock

0.87	DK	Delek Energy	Pair Corr
0.73	BPT	BP Prudhoe Bay	Pair Corr
0.85	CVI	CVR Energy	Pair Corr
0.94	MPC	Marathon Petroleum Corp Sell-off Trend	Pair Corr
0.86	PBF	PBF Energy	Pair Corr
0.75	PSX	Phillips 66	Pair Corr
0.74	UGP	Ultrapar Participacoes	Pair Corr
0.64	VLO	Valero Energy Fiscal Year End 23rd of January 2025	Pair Corr
0.89	PARR	Par Pacific Holdings	Pair Corr
0.8	CSAN	Cosan SA ADR Downward Rally	Pair Corr
0.7	E	Eni SpA ADR	Pair Corr
0.89	BP	BP PLC ADR Sell-off Trend	Pair Corr
0.88	EC	Ecopetrol SA ADR	Pair Corr
0.76	NE	Noble plc	Pair Corr
0.68	NR	Newpark Resources	Pair Corr
0.83	SD	SandRidge Energy	Pair Corr

Moving against DINO Stock

0.79	REPYY	Repsol SA	Pair Corr
0.74	BDCO	Blue Dolphin Energy	Pair Corr
0.67	EE	Excelerate Energy	Pair Corr
0.64	MITSY	Mitsui Company	Pair Corr
0.53	AE	Adams Resources Energy	Pair Corr
0.51	AMTX	Aemetis	Pair Corr
0.35	CAPL	Crossamerica Partners	Pair Corr
0.73	IMPPP	Imperial Petroleum	Pair Corr
0.7	ENLC	EnLink Midstream LLC	Pair Corr
0.67	TS	Tenaris SA ADR Sell-off Trend	Pair Corr
0.67	DMLP	Dorchester Minerals	Pair Corr
0.64	VNOM	Viper Energy Ut	Pair Corr
0.59	EFXT	Enerflex	Pair Corr
0.56	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.49	EPSN	Epsilon Energy	Pair Corr
0.48	DWSN	Dawson Geophysical	Pair Corr
0.39	DLNG	Dynagas LNG Partners	Pair Corr

Related Correlations Analysis

	DK	CVI	VLO	MPC	DKL	PBF	PARR	PSX	SUN
DK		0.59	0.72	0.92	0.52	0.7	0.81	0.67	0.6	DK
CVI	0.59		0.42	0.73	0.29	0.85	0.67	0.75	0.24	CVI
VLO	0.72	0.42		0.77	0.06	0.7	0.63	0.84	0.62	VLO
MPC	0.92	0.73	0.77		0.43	0.81	0.88	0.81	0.57	MPC
DKL	0.52	0.29	0.06	0.43		0.16	0.17	0.23	0.34	DKL
PBF	0.7	0.85	0.7	0.81	0.16		0.77	0.79	0.42	PBF
PARR	0.81	0.67	0.63	0.88	0.17	0.77		0.61	0.41	PARR
PSX	0.67	0.75	0.84	0.81	0.23	0.79	0.61		0.51	PSX
SUN	0.6	0.24	0.62	0.57	0.34	0.42	0.41	0.51		SUN
	DK	CVI	VLO	MPC	DKL	PBF	PARR	PSX	SUN

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Risk-Adjusted Indicators

There is a big difference between DINO Stock performing well and HF Sinclair Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze HF Sinclair's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DK	2.02	(0.25)	0.00	(0.11)	0.00	0.00	3.53	(3.90)	16.10
CVI	2.61	(0.47)	0.00	(0.17)	0.00	0.00	3.99	(5.81)	28.93
VLO	1.47	(0.06)	(0.03)	0.02	2.05	(1.42)	2.87	(3.31)	11.46
MPC	1.37	(0.15)	0.00	(0.11)	0.00	0.00	3.19	(3.01)	13.39
DKL	1.06	0.13	0.00	(0.24)	2.29	(1.02)	2.84	(1.44)	16.59
PBF	1.93	(0.19)	0.00	(0.06)	0.00	0.00	3.52	(3.76)	15.94
PARR	2.42	(0.47)	0.00	(0.19)	0.00	0.00	3.34	(5.60)	14.28
PSX	1.14	(0.08)	(0.05)	0.01	1.69	(1.16)	1.81	(2.97)	7.77
SUN	1.05	0.00	(0.03)	0.08	1.08	(1.25)	2.68	(1.93)	5.70

HF Sinclair Corporate Management

John Harrison	VP Treasurer	Profile
Leldon Echols	Independent Director	Profile
Vaishali Bhatia	Senior Vice President General Counsel, Secretary	Profile
Eric Nitcher	Executive Counsel	Profile
Thomas Creery	President of Renewables	Profile
Valeria Pompa	Executive Operations	Profile

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