Baker Hughes Co Stock Price on December 31, 2023

BKR Stock  USD 40.32  0.52  1.31%   
Below is the normalized historical share price chart for Baker Hughes Co extending back to April 03, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Baker Hughes stands at 40.32, as last reported on the 22nd of December, with the highest price reaching 40.46 and the lowest price hitting 39.38 during the day.
IPO Date
5th of July 2017
200 Day MA
35.7021
50 Day MA
40.7322
Beta
1.363
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Baker Stock, it is important to understand the factors that can impact its price. Currently, Baker Hughes Co is very steady. Baker Hughes secures Sharpe Ratio (or Efficiency) of 0.0913, which signifies that the company had a 0.0913% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Baker Hughes Co, which you can use to evaluate the volatility of the firm. Please confirm Baker Hughes' Risk Adjusted Performance of 0.0791, downside deviation of 1.45, and Mean Deviation of 1.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
At this time, Baker Hughes' Total Stockholder Equity is relatively stable compared to the past year. As of 12/22/2024, Liabilities And Stockholders Equity is likely to grow to about 42.2 B, while Common Stock Shares Outstanding is likely to drop slightly above 706.2 M. . At this time, Baker Hughes' Price Earnings Ratio is relatively stable compared to the past year. As of 12/22/2024, Price Book Value Ratio is likely to grow to 2.35, though Price Earnings To Growth Ratio is likely to grow to (0.04). Baker Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0913

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Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Baker Hughes is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Baker Hughes by adding it to a well-diversified portfolio.
Price Book
2.4645
Enterprise Value Ebitda
10.0604
Price Sales
1.4615
Shares Float
987.5 M
Dividend Share
0.83

Baker Hughes Valuation on December 31, 2023

It is possible to determine the worth of Baker Hughes on a given historical date. On December 31, 2023 Baker was worth 33.36 at the beginning of the trading date compared to the closed value of 33.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Baker Hughes stock. Still, in general, we apply an absolute valuation method to find Baker Hughes' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Baker Hughes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Baker Hughes' related companies.
 Open High Low Close Volume
  33.49    33.56    33.24    33.34    2,928,000  
12/29/2023
  33.36    33.44    33.15    33.32    5,068,500  
  33.56    33.78    32.89    33.08    4,721,100  
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Open Value
33.36
33.32
Closing Value
39.38
Upside

Baker Hughes Trading Date Momentum on December 31, 2023

On January 02 2024 Baker Hughes Co was traded for  33.08  at the closing time. Highest Baker Hughes's price during the trading hours was 33.78  and the lowest price during the day was  32.89 . The net volume was 4.7 M. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.72% . The overall trading delta to current price is 4.32% .

Baker Hughes Fundamentals Correlations and Trends

By evaluating Baker Hughes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Baker Hughes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Baker financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Baker Hughes Stock history

Baker Hughes investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Baker is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Baker Hughes will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Baker Hughes stock prices may prove useful in developing a viable investing in Baker Hughes
Last ReportedProjected for Next Year
Common Stock Shares OutstandingB706.2 M
Net Loss-540.9 M-567.9 M

Baker Hughes Quarterly Net Working Capital

3.78 Billion

Baker Hughes Stock Technical Analysis

Baker Hughes 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.
A focus of Baker Hughes technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Baker Hughes trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Baker Hughes Period Price Range

Low
December 22, 2024
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High

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Baker Hughes December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Baker Hughes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Baker Hughes shares will generate the highest return on investment. By undertsting and applying Baker Hughes stock market strength indicators, traders can identify Baker Hughes Co entry and exit signals to maximize returns

Baker Hughes Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Baker Hughes' price direction in advance. Along with the technical and fundamental analysis of Baker Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Baker to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Baker Stock Analysis

When running Baker Hughes' price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.