Returns Breakdown
2.12
Return on Assets
7.59
Return on Equity
| Return on Investment | 14.66 | |
| Return on Assets | 2.12 | |
| Return on Equity | 7.59 | |
| Return Capital | 0.0162 | |
| Return on Sales | 0.009711 |
Should you continue to rely on Par Pacific (NYSE:PARR) management?
 | By Rifka Kats | Macroaxis Story |
Par Pacific Inventory Turnover is relatively stable at the moment as compared to the past year. Par Pacific reported last year Inventory Turnover of 10.24. As of 11/02/2020, Accrued Expenses Turnover is likely to grow to 62.21, while Average Assets are likely to drop slightly above 2.1 B. The reasoning behind this post is to forecast a future value of Par Pacific using technical analysis. What exactly are Par Pacific retail investors should expect in December?
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Reviewed by Raphi Shpitalnik
Over 94.0% of Par Pacific shares are owned by institutional investors. Institutional ownership of Par Pacific Holdings refers to the amount of Par Pacific Holdings equity owned by mutual funds, pension funds, insurance companies, investment firms, foundations, or other large entities that manage money on behalf of others. Check out our latest analysis of Par Pacific, including its current ownership diagnostics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Par Pacific. Your research has to be compared to or analyzed against Par Pacific's peers to derive any actionable benefits. When done correctly, Par Pacific's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Par Pacific Holdings.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Par Pacific Holdings. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Predictive Modules for Par Pacific
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Par Pacific's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How important is Par Pacific's Liquidity
Par Pacific financial leverage refers to using borrowed capital as a funding source to finance Par Pacific Holdings ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Par Pacific financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Par Pacific's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Par Pacific's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Par Pacific's total debt and its cash.
Par Pacific Gross Profit
Par Pacific Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Par Pacific previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Par Pacific Gross Profit growth over the last 10 years. Please check Par Pacific's gross profit and other fundamental indicators for more details.
A Deeper Perspective
The modest gains experienced by current holders of Par Pacific may encourage retail investors to take a closer look at the company as it is trading at a share price of 7.94 on slow start in trading volume. The company executives have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in October. The stock standard deviation of daily returns for 30 days investing horizon is currently 4.75. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Par Pacific partners.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Par Pacific Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.