Cvr Partners Lp Stock Market Value
| UAN Stock | USD 71.62 0.12 0.17% |
| Symbol | CVR |
CVR Partners LP Price To Book Ratio
Is Fertilizers & Agricultural Chemicals 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 CVR Partners. If investors know CVR 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 CVR Partners 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 4.208 | Dividend Share 6.69 | Earnings Share 4.97 | Revenue Per Share 49.895 | Quarterly Revenue Growth (0.04) |
The market value of CVR Partners LP is measured differently than its book value, which is the value of CVR that is recorded on the company's balance sheet. Investors also form their own opinion of CVR Partners' value that differs from its market value or its book value, called intrinsic value, which is CVR Partners' 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 CVR Partners' market value can be influenced by many factors that don't directly affect CVR Partners' 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 CVR Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if CVR Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVR Partners' 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.
CVR Partners 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CVR Partners' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CVR Partners.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in CVR Partners on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding CVR Partners LP or generate 0.0% return on investment in CVR Partners over 360 days. CVR Partners is related to or competes with CF Industries, Mosaic, American Vanguard, ICL Israel, Nutrien, Intrepid Potash, and Corteva. CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in ... More
CVR Partners Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CVR Partners' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CVR Partners LP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 10.77 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 3.17 |
CVR Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVR Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVR Partners' standard deviation. In reality, there are many statistical measures that can use CVR Partners historical prices to predict the future CVR Partners' volatility.| Risk Adjusted Performance | 0.0315 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0706 |
CVR Partners LP Backtested Returns
As of now, CVR Stock is very steady. CVR Partners LP secures Sharpe Ratio (or Efficiency) of 0.0376, which signifies that the company had a 0.0376% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CVR Partners LP, which you can use to evaluate the volatility of the firm. Please confirm CVR Partners' risk adjusted performance of 0.0315, and Mean Deviation of 1.2 to double-check if the risk estimate we provide is consistent with the expected return of 0.065%. CVR Partners has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CVR Partners' returns are expected to increase less than the market. However, during the bear market, the loss of holding CVR Partners is expected to be smaller as well. CVR Partners LP currently shows a risk of 1.73%. Please confirm CVR Partners LP potential upside, as well as the relationship between the kurtosis and day typical price , to decide if CVR Partners LP will be following its price patterns.
Auto-correlation | -0.41 |
Modest reverse predictability
CVR Partners LP has modest reverse predictability. Overlapping area represents the amount of predictability between CVR Partners time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CVR Partners LP price movement. The serial correlation of -0.41 indicates that just about 41.0% of current CVR Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 13.35 |
CVR Partners LP lagged returns against current returns
Autocorrelation, which is CVR Partners stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CVR Partners' stock expected returns. We can calculate the autocorrelation of CVR Partners returns to help us make a trade decision. For example, suppose you find that CVR Partners has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CVR Partners regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CVR Partners stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVR Partners stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVR Partners stock over time.
Current vs Lagged Prices |
| Timeline |
CVR Partners Lagged Returns
When evaluating CVR Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVR Partners stock have on its future price. CVR Partners autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CVR Partners autocorrelation shows the relationship between CVR Partners stock current value and its past values and can show if there is a momentum factor associated with investing in CVR Partners LP.
Regressed Prices |
| Timeline |
Pair Trading with CVR Partners
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 CVR Partners 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 CVR Partners will appreciate offsetting losses from the drop in the long position's value.Moving against CVR Stock
| 0.55 | FMC | FMC Corporation | PairCorr |
| 0.52 | YTEN | Yield10 Bioscience | PairCorr |
| 0.43 | CE | Celanese | PairCorr |
| 0.42 | NITO | N2OFF Inc Symbol Change | PairCorr |
| 0.38 | LVROW | Lavoro Limited Warrant | PairCorr |
The ability to find closely correlated positions to CVR Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVR Partners 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 CVR Partners - 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 CVR Partners LP to buy it.
The correlation of CVR Partners 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 CVR Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVR Partners LP 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 CVR Partners 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.Check out CVR Partners Correlation, CVR Partners Volatility and CVR Partners Alpha and Beta module to complement your research on CVR Partners. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
CVR Partners technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.