Par Pacific Holdings Stock Alpha and Beta Analysis
| PARR Stock | USD 32.41 0.05 0.15% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Par Pacific Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Par Pacific over a specified time horizon. Remember, high Par Pacific's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Par Pacific's market risk premium analysis include:
Beta (0.07) | Alpha (0.05) | Risk 2.54 | Sharpe Ratio (0.04) | Expected Return (0.11) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Par |
Par Pacific Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Par Pacific market risk premium is the additional return an investor will receive from holding Par Pacific long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Par Pacific. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Par Pacific's performance over market.| α | -0.05 | β | -0.07 |
Par Pacific expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Par Pacific's Buy-and-hold return. Our buy-and-hold chart shows how Par Pacific performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Par Pacific Market Price Analysis
Market price analysis indicators help investors to evaluate how Par Pacific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Par Pacific shares will generate the highest return on investment. By understating and applying Par Pacific stock market price indicators, traders can identify Par Pacific position entry and exit signals to maximize returns.
Par Pacific Return and Market Media
The median price of Par Pacific for the period between Sun, Jan 28, 2024 and Sat, Apr 27, 2024 is 36.77 with a coefficient of variation of 6.49. The daily time series for the period is distributed with a sample standard deviation of 2.38, arithmetic mean of 36.66, and mean deviation of 1.91. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 414 shares by Ivan Guerra of Par Pacific at .82 subject to Rule 16b-3 | 02/16/2024 |
2 | Par Pacific Holdings Inc Reports Record Annual Results and Strong Q4 Performance | 02/28/2024 |
3 | Disposition of 4700 shares by Jeffrey Hollis of Par Pacific at 37. subject to Rule 16b-3 | 03/13/2024 |
4 | Par Pacific Holdings executive sells shares worth 224,940 | 03/14/2024 |
5 | Par Pacific Holdings, Inc. Shares Acquired by Exchange Traded Concepts LLC - Defense World | 03/19/2024 |
6 | Par Pacific Announces Amendment to ABL Credit Facility and Credit Rating Upgrade by Moodys Investors Service | 03/25/2024 |
7 | Acquisition by Melvyn Klein of 1013 shares of Par Pacific subject to Rule 16b-3 | 04/08/2024 |
8 | Fast-paced Momentum Stock Par Petroleum Is Still Trading at a Bargain | 04/09/2024 |
9 | Do Par Pacific Holdings Earnings Warrant Your Attention | 04/10/2024 |
10 | Should Value Investors Buy Par Pacific Stock | 04/25/2024 |
About Par Pacific Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Par or other stocks. Alpha measures the amount that position in Par Pacific Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 15.12 | 12.61 | 16.28 | 15.47 | PTB Ratio | 3.62 | 2.15 | 1.64 | 1.72 |
Par Pacific Upcoming Company Events
As portrayed in its financial statements, the presentation of Par Pacific's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Par Pacific's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Par Pacific's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Par Pacific. Please utilize our Beneish M Score to check the likelihood of Par Pacific's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Par Pacific
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Par Pacific Backtesting, Par Pacific Valuation, Par Pacific Correlation, Par Pacific Hype Analysis, Par Pacific Volatility, Par Pacific History and analyze Par Pacific Performance. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Par Stock analysis
When running Par Pacific's price analysis, check to measure Par Pacific'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 Par Pacific is operating at the current time. Most of Par Pacific's value examination focuses on studying past and present price action to predict the probability of Par Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Par Pacific's price. Additionally, you may evaluate how the addition of Par Pacific to your portfolios can decrease your overall portfolio volatility.
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Par Pacific 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.