Championx Stock Price on May 13, 2022
| CHX Stock | USD 36.94 0.28 0.75% |
Below is the normalized historical share price chart for ChampionX extending back to April 27, 2018. 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 ChampionX stands at 36.94, as last reported on the 16th of April 2024, with the highest price reaching 37.83 and the lowest price hitting 36.78 during the day.
If you're considering investing in ChampionX Stock, it is important to understand the factors that can impact its price. ChampionX appears to be very steady, given 3 months investment horizon. ChampionX secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of standard deviation over the last 3 months. By analyzing ChampionX's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of ChampionX's mean deviation of 1.41, and Risk Adjusted Performance of 0.1592 to double-check if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to drop to about 1.7 B in 2024. Common Stock Shares Outstanding is likely to drop to about 141.3 M in 2024. At this time, ChampionX's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 19.14 in 2024, whereas Price Book Value Ratio is likely to drop 1.85 in 2024. ChampionX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of April 2018 | 200 Day MA 32.4274 | 50 Day MA 32.6574 | Beta 2.47 |
ChampionX |
Sharpe Ratio = 0.2587
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Estimated Market Risk
| 2.26 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average ChampionX is performing at about 20% 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 ChampionX by adding it to a well-diversified portfolio.
Price Book 4.2235 | Enterprise Value Ebitda 10.4412 | Price Sales 1.8852 | Shares Float 189.5 M | Dividend Share 0.34 |
ChampionX Valuation on May 13, 2022
It is possible to determine the worth of ChampionX on a given historical date. On May 13, 2022 ChampionX was worth 20.74 at the beginning of the trading date compared to the closed value of 21.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ChampionX stock. Still, in general, we apply an absolute valuation method to find ChampionX's 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 ChampionX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ChampionX's related companies.
| Open | High | Low | Close | Volume | |
| 20.33 | 20.37 | 19.53 | 19.74 | 1,563,886 | |
05/13/2022 | 20.74 | 21.95 | 20.71 | 21.27 | 1,526,620 |
| 21.70 | 22.35 | 21.30 | 21.30 | 1,028,372 |
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ChampionX Trading Date Momentum on May 13, 2022
| On May 16 2022 ChampionX was traded for 21.30 at the closing time. Highest ChampionX's price during the trading hours was 22.35 and the lowest price during the day was 21.30 . The net volume was 1 M. The overall trading history on the 16th of May 2022 contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.14% . The overall trading delta to current price is 2.73% . |
ChampionX Fundamentals Correlations and Trends
By evaluating ChampionX's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ChampionX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ChampionX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ChampionX Stock history
ChampionX 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 ChampionX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ChampionX 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 ChampionX stock prices may prove useful in developing a viable investing in ChampionX
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 199.9 M | 141.3 M | |
| Net Income Applicable To Common Shares | 139.5 M | 146.4 M |
ChampionX Quarterly Net Working Capital |
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ChampionX Stock Technical Analysis
ChampionX 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.
Price Boundaries
ChampionX Period Price Range
Low | May 13, 2022
| High |
20.74 | 21.27 |
ChampionX April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how ChampionX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ChampionX shares will generate the highest return on investment. By undertsting and applying ChampionX stock market strength indicators, traders can identify ChampionX entry and exit signals to maximize returns
| Accumulation Distribution | 86241.86 | |||
| Daily Balance Of Power | 0.4274 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 21.33 | |||
| Day Typical Price | 21.31 | |||
| Price Action Indicator | 0.21 | |||
| Period Momentum Indicator | 15.67 |
ChampionX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ChampionX's price direction in advance. Along with the technical and fundamental analysis of ChampionX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ChampionX 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.
| Risk Adjusted Performance | 0.1592 | |||
| Jensen Alpha | 0.4687 | |||
| Total Risk Alpha | 0.3413 | |||
| Sortino Ratio | 0.3457 | |||
| Treynor Ratio | 0.4708 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChampionX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.Note that the ChampionX information on this page should be used as a complementary analysis to other ChampionX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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Is ChampionX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ChampionX. If investors know ChampionX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ChampionX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.171 | Dividend Share 0.34 | Earnings Share 1.57 | Revenue Per Share 19.167 | Quarterly Revenue Growth (0.04) |
The market value of ChampionX is measured differently than its book value, which is the value of ChampionX that is recorded on the company's balance sheet. Investors also form their own opinion of ChampionX's value that differs from its market value or its book value, called intrinsic value, which is ChampionX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ChampionX's market value can be influenced by many factors that don't directly affect ChampionX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ChampionX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ChampionX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChampionX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.