Global Industrial Lubricant Market Poised for USD 41,528.6 million by 2034 as Automation and Sustainability Lead the Way Future Market Insights, Inc.
| CLMT Stock | USD 20.14 1.24 5.80% |
Slightly above 67% of Calumet Specialty's investor base is looking to short. The current sentiment regarding investing in Calumet Specialty Products stock implies that many traders are alarmed. Calumet Specialty's investing sentiment can be driven by a variety of factors including economic data, Calumet Specialty's earnings reports, geopolitical events, and overall market trends.
Calumet |
Industrial Lubricants Usage to spike in the Construction Sector, owing to the need for Hydraulic Fluids for Lubricating Equipment. The industrial lubricants market in Asia Pacific is projected to expand at a rapid pace during the forecast period. Growth of the market in the region is attributed to the increasing growth in the base oil movement, rapid industrialization urbanization, rising population, and high growth in major industries, such as textiles, chemicals, food processing, and metalwo
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Calumet Specialty Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Calumet Specialty can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Calumet Specialty Fundamental Analysis
We analyze Calumet Specialty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Calumet Specialty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Calumet Specialty 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.
Gross Profit
Gross Profit Comparative Analysis
Calumet Specialty is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Calumet Specialty Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Calumet Specialty stock to make a market-neutral strategy. Peer analysis of Calumet Specialty could also be used in its relative valuation, which is a method of valuing Calumet Specialty by comparing valuation metrics with similar companies.
Peers
Calumet Specialty Related Equities
| GPOR | Gulfport Energy | 0.12 | ||||
| PNRG | PrimeEnergy | 0.00 | ||||
| EPSN | Epsilon Energy | 0.00 | ||||
| PHX | PHX Minerals | 0.50 | ||||
| GRNT | Granite Ridge | 1.15 | ||||
| CNX | CNX Resources | 2.36 | ||||
| CRGY | Crescent Energy | 2.67 | ||||
| MGY | Magnolia Oil | 2.88 | ||||
| BATL | Battalion Oil | 2.98 | ||||
| GPRK | GeoPark | 3.26 | ||||
| PR | Permian Resources | 3.61 | ||||
| REI | Ring Energy | 4.32 | ||||
| VTLE | Vital Energy | 4.48 |
Additional Tools for Calumet Stock Analysis
When running Calumet Specialty's price analysis, check to measure Calumet Specialty'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 Calumet Specialty is operating at the current time. Most of Calumet Specialty's value examination focuses on studying past and present price action to predict the probability of Calumet Specialty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calumet Specialty's price. Additionally, you may evaluate how the addition of Calumet Specialty to your portfolios can decrease your overall portfolio volatility.