ChampionX Financials
| X9P Stock | EUR 25.40 0.80 3.25% |
ChampionX |
Understanding current and past ChampionX Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ChampionX's financial statements are interrelated, with each one affecting the others. For example, an increase in ChampionX's assets may result in an increase in income on the income statement.
ChampionX Stock Summary
ChampionX competes with Halliburton, Baker Hughes, Tenaris SA, China Oilfield, and NOV. ChampionX Corporation provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide. ChampionX Corporation is headquartered in The Woodlands, Texas. CHAMPIONX CORP operates under Oil Gas Equipment Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6600 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US15872M1045 |
| Business Address | Building 4, The |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Benchmark | Dow Jones Industrial |
| Website | www.championx.com |
| Phone | 281 403 5772 |
| Currency | EUR - Euro |
You should never invest in ChampionX without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ChampionX Stock, because this is throwing your money away. Analyzing the key information contained in ChampionX's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ChampionX Key Financial Ratios
There are many critical financial ratios that ChampionX's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ChampionX reports annually and quarterly.| Return On Equity | 0.0913 | |||
| Return On Asset | 0.0676 | |||
| Target Price | 27.72 | |||
| Beta | 2.59 | |||
| Z Score | 6.4 |
ChampionX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ChampionX's current stock value. Our valuation model uses many indicators to compare ChampionX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ChampionX competition to find correlations between indicators driving ChampionX's intrinsic value. More Info.ChampionX is rated fourth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.74 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ChampionX is roughly 1.35 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ChampionX's earnings, one of the primary drivers of an investment's value.ChampionX Systematic Risk
ChampionX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ChampionX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on ChampionX correlated with the market. If Beta is less than 0 ChampionX generally moves in the opposite direction as compared to the market. If ChampionX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ChampionX is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ChampionX is generally in the same direction as the market. If Beta > 1 ChampionX moves generally in the same direction as, but more than the movement of the benchmark.
ChampionX December 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ChampionX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ChampionX. We use our internally-developed statistical techniques to arrive at the intrinsic value of ChampionX based on widely used predictive technical indicators. In general, we focus on analyzing ChampionX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ChampionX's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.48 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.5 |
Complementary Tools for ChampionX Stock analysis
When running ChampionX's price analysis, check to measure ChampionX'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 ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.
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