Cvr Energy Stock Z Score
CVI Stock | USD 35.66 0.79 2.27% |
CVR | Z Score |
CVR Z Score Analysis
CVR Energy's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Current CVR Energy Z Score | 3.87 |
Most of CVR Energy's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CVR Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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CVR Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for CVR Energy is extremely important. It helps to project a fair market value of CVR Stock properly, considering its historical fundamentals such as Z Score. Since CVR Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CVR Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CVR Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
In accordance with the company's disclosures, CVR Energy has a Z Score of 3.87. This is 73.54% higher than that of the Oil, Gas & Consumable Fuels sector and 50.58% higher than that of the Energy industry. The z score for all United States stocks is 55.62% higher than that of the company.
CVR Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CVR Energy's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CVR Energy could also be used in its relative valuation, which is a method of valuing CVR Energy by comparing valuation metrics of similar companies.CVR Energy is currently under evaluation in z score category among related companies.
CVR Energy Institutional Holders
Institutional Holdings refers to the ownership stake in CVR Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CVR Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CVR Energy's value.Shares | Two Sigma Advisers, Llc | 2023-12-31 | 859.8 K | Two Sigma Investments Llc | 2023-12-31 | 849 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 801.9 K | Bank Of New York Mellon Corp | 2023-09-30 | 734.7 K | Morgan Stanley - Brokerage Accounts | 2023-09-30 | 654.2 K | Geode Capital Management, Llc | 2023-09-30 | 590.8 K | Charles Schwab Investment Management Inc | 2023-09-30 | 543.2 K | Ameriprise Financial Inc | 2023-09-30 | 527.9 K | American Century Companies Inc | 2023-12-31 | 494.7 K | Icahn Carl C | 2023-12-31 | 66.7 M | Blackrock Inc | 2023-12-31 | 6.4 M |
CVR Fundamentals
Return On Equity | 0.96 | ||||
Return On Asset | 0.16 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 5.15 B | ||||
Shares Outstanding | 100.53 M | ||||
Shares Owned By Institutions | 100.00 % | ||||
Number Of Shares Shorted | 6.39 M | ||||
Price To Earning | 10.92 X | ||||
Price To Book | 4.17 X | ||||
Price To Sales | 0.38 X | ||||
Revenue | 9.25 B | ||||
Gross Profit | 1.42 B | ||||
EBITDA | 1.44 B | ||||
Net Income | 878 M | ||||
Cash And Equivalents | 510 M | ||||
Cash Per Share | 8.88 X | ||||
Total Debt | 2.2 B | ||||
Debt To Equity | 1.54 % | ||||
Current Ratio | 1.25 X | ||||
Book Value Per Share | 8.43 X | ||||
Cash Flow From Operations | 948 M | ||||
Short Ratio | 6.15 X | ||||
Earnings Per Share | 7.65 X | ||||
Price To Earnings To Growth | (2.16) X | ||||
Target Price | 31.33 | ||||
Number Of Employees | 1.57 K | ||||
Beta | 1.58 | ||||
Market Capitalization | 3.54 B | ||||
Total Asset | 4.71 B | ||||
Retained Earnings | (660 M) | ||||
Working Capital | 497 M | ||||
Current Asset | 1.27 B | ||||
Current Liabilities | 484.6 M | ||||
Z Score | 3.87 | ||||
Annual Yield | 0.06 % | ||||
Five Year Return | 8.85 % | ||||
Net Asset | 4.71 B | ||||
Last Dividend Paid | 2.0 |
About CVR Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CVR Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CVR Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CVR Energy 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.
Please read more on our fundamental analysis page.CVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and nitrogen fertilizer manufacturing activities in the United States. The company was founded in 1906 and is headquartered in Sugar Land, Texas. Cvr Energy operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 1429 people.
Pair Trading with CVR Energy
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 Energy 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 Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with CVR Stock
0.92 | DINO | HF Sinclair Corp Financial Report 2nd of May 2024 | PairCorr |
0.89 | DK | Delek US Energy Financial Report 13th of May 2024 | PairCorr |
0.62 | REPYY | Repsol SA | PairCorr |
Moving against CVR Stock
0.73 | CLNE | Clean Energy Fuels Financial Report 14th of May 2024 | PairCorr |
0.72 | SGU | Star Gas Partners | PairCorr |
0.64 | CSAN | Cosan SA ADR Financial Report 20th of May 2024 | PairCorr |
0.55 | VTNR | Vertex Energy Buyout Trend | PairCorr |
0.48 | EC | Ecopetrol SA ADR Report 3rd of April 2024 | PairCorr |
The ability to find closely correlated positions to CVR Energy 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 Energy 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 Energy - 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 Energy to buy it.
The correlation of CVR Energy 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 Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVR Energy 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 Energy 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 Energy Piotroski F Score and CVR Energy Valuation analysis. For more detail on how to invest in CVR Stock please use our How to Invest in CVR Energy guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for CVR Stock analysis
When running CVR Energy's price analysis, check to measure CVR Energy'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 CVR Energy is operating at the current time. Most of CVR Energy's value examination focuses on studying past and present price action to predict the probability of CVR Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVR Energy's price. Additionally, you may evaluate how the addition of CVR Energy to your portfolios can decrease your overall portfolio volatility.
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Is CVR Energy's industry 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 Energy. 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 Energy 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 (0.19) | Dividend Share 2 | Earnings Share 7.65 | Revenue Per Share 92.01 | Quarterly Revenue Growth (0.18) |
The market value of CVR Energy 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is CVR Energy's 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 Energy's market value can be influenced by many factors that don't directly affect CVR Energy's 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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVR Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVR Energy'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.