ChampionX (Germany) Performance
| X9P Stock | EUR 25.40 0.80 3.25% |
The firm shows a Beta (market volatility) of 0.0995, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ChampionX's returns are expected to increase less than the market. However, during the bear market, the loss of holding ChampionX is expected to be smaller as well. At this point, ChampionX has a negative expected return of -0.0707%. Please make sure to confirm ChampionX's total risk alpha, kurtosis, and the relationship between the information ratio and potential upside , to decide if ChampionX performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days ChampionX has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, ChampionX is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 255.2 M |
ChampionX |
ChampionX Relative Risk vs. Return Landscape
If you would invest 2,691 in ChampionX on September 29, 2024 and sell it today you would lose (151.00) from holding ChampionX or give up 5.61% of portfolio value over 90 days. ChampionX is currently producing negative expected returns and takes up 2.1481% volatility of returns over 90 trading days. Put another way, 19% of traded stocks are less volatile than ChampionX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ChampionX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ChampionX's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ChampionX, and traders can use it to determine the average amount a ChampionX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0329
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | X9P |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ChampionX is not performing at its full potential. However, 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 ChampionX by adding ChampionX to a well-diversified portfolio.
ChampionX Fundamentals Growth
ChampionX Stock prices reflect investors' perceptions of the future prospects and financial health of ChampionX, and ChampionX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ChampionX Stock performance.
| Return On Equity | 0.0913 | |||
| Return On Asset | 0.0676 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 5.84 B | |||
| Shares Outstanding | 198.64 M | |||
| Price To Earning | 354.72 X | |||
| Price To Book | 3.27 X | |||
| Price To Sales | 1.41 X | |||
| Revenue | 3.81 B | |||
| EBITDA | 483.89 M | |||
| Cash And Equivalents | 239 M | |||
| Cash Per Share | 1.18 X | |||
| Total Debt | 621.7 M | |||
| Debt To Equity | 0.59 % | |||
| Book Value Per Share | 8.54 X | |||
| Cash Flow From Operations | 413.36 M | |||
| Earnings Per Share | 0.74 X | |||
| Total Asset | 3.39 B | |||
About ChampionX Performance
By analyzing ChampionX's fundamental ratios, stakeholders can gain valuable insights into ChampionX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ChampionX has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ChampionX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about ChampionX performance evaluation
Checking the ongoing alerts about ChampionX for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ChampionX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ChampionX generated a negative expected return over the last 90 days | |
| Over 99.0% of the company outstanding shares are owned by institutional investors |
- Analyzing ChampionX's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ChampionX's stock is overvalued or undervalued compared to its peers.
- Examining ChampionX's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ChampionX's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ChampionX's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ChampionX's stock. These opinions can provide insight into ChampionX's potential for growth and whether the stock is currently undervalued or overvalued.
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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