HF Sinclair Corp (DINO)
HF Sinclair Corporation is an independent energy company. The company is headquartered in Dallas, Texas.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 43.87% per annum.
- DINO price at the close of April 1, 2025 was $33.27 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 183.71% per annum.
- DINO price at the close of April 1, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of DINO price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 13, 2024
End date: April 1, 2025
a = 6.3584
b = -0.0016
s = 0.0416
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -43.87%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0416) – 1
= 18.11%
March 13, 2024 calculations
Top border of price channel:
Exp(Y992)
= Exp(a + b × X992 + 2 × s)
= Exp(a + b × 1,441 + 2 × s)
= Exp(6.3584 + -0.0016 × 1,441 + 2 × 0.0416)
= Exp(4.1615)
= $64.17
Bottom border of price channel:
Exp(Y992)
= Exp(a + b × X992 – 2 × s)
= Exp(a + b × 1,441 – 2 × s)
= Exp(6.3584 + -0.0016 × 1,441 – 2 × 0.0416)
= Exp(3.9951)
= $54.33
April 1, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(6.3584 + -0.0016 × 1,825 + 2 × 0.0416)
= Exp(3.5539)
= $34.95
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.3584 + -0.0016 × 1,825 – 2 × 0.0416)
= Exp(3.3875)
= $29.59
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 43.87% per annum.
- DINO price at the close of April 1, 2025 was $33.27 and was inside the primary price channel.
Secondary Trend
Start date: March 4, 2025
End date: April 1, 2025
a = -1.6908
b = 0.0029
s = 0.0221
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0029) – 1
= 183.71%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0221) – 1
= 9.24%
March 4, 2025 calculations
Top border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 + 2 × s)
= Exp(a + b × 1,797 + 2 × s)
= Exp(-1.6908 + 0.0029 × 1,797 + 2 × 0.0221)
= Exp(3.4873)
= $32.70
Bottom border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 – 2 × s)
= Exp(a + b × 1,797 – 2 × s)
= Exp(-1.6908 + 0.0029 × 1,797 – 2 × 0.0221)
= Exp(3.3989)
= $29.93
April 1, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(-1.6908 + 0.0029 × 1,825 + 2 × 0.0221)
= Exp(3.5673)
= $35.42
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-1.6908 + 0.0029 × 1,825 – 2 × 0.0221)
= Exp(3.4789)
= $32.42
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 183.71% per annum.
- DINO price at the close of April 1, 2025 was inside the secondary price channel.