Helmerich And Payne Stock Price on September 7, 2022
| HP Stock | USD 41.96 0.79 1.92% |
Below is the normalized historical share price chart for Helmerich and Payne extending back to October 15, 1980. 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 Helmerich stands at 41.96, as last reported on the 19th of April, with the highest price reaching 42.18 and the lowest price hitting 40.93 during the day.
If you're considering investing in Helmerich Stock, it is important to understand the factors that can impact its price. Helmerich appears to be very steady, given 3 months investment horizon. Helmerich and Payne holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Helmerich and Payne, which you can use to evaluate the volatility of the firm. Please utilize Helmerich's Risk Adjusted Performance of 0.1099, market risk adjusted performance of 0.2749, and Downside Deviation of 1.48 to validate if our risk estimates are consistent with your expectations.
At this time, Helmerich's Stock Based Compensation is relatively stable compared to the past year. As of 04/19/2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Total Stockholder Equity is likely to drop slightly above 2.1 B. . At this time, Helmerich's Price Fair Value is relatively stable compared to the past year. Helmerich Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of October 1980 | 200 Day MA 39.6092 | 50 Day MA 40.1144 | Beta 1.509 |
Helmerich |
Sharpe Ratio = 0.1574
| Best Portfolio | Best Equity | |||
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| Small Returns | HP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Helmerich is performing at about 12% 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 Helmerich by adding it to a well-diversified portfolio.
Price Book 1.4966 | Enterprise Value Ebitda 4.439 | Price Sales 1.4594 | Shares Float 95.1 M | Dividend Share 1 |
Helmerich Valuation on September 7, 2022
It is possible to determine the worth of Helmerich on a given historical date. On September 7, 2022 Helmerich was worth 42.25 at the beginning of the trading date compared to the closed value of 39.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Helmerich stock. Still, in general, we apply an absolute valuation method to find Helmerich'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 Helmerich where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Helmerich's related companies.
| Open | High | Low | Close | Volume | |
| 44.98 | 44.98 | 40.35 | 40.35 | 761,900 | |
09/07/2022 | 42.25 | 42.74 | 39.35 | 39.35 | 626,600 |
| 42.27 | 43.10 | 39.90 | 39.90 | 775,600 |
| Backtest Helmerich | | | Helmerich History | | | Helmerich Valuation | Previous | Next |
Helmerich Trading Date Momentum on September 7, 2022
| On September 08 2022 Helmerich and Payne was traded for 39.90 at the closing time. The highest price during the trading period was 43.10 and the lowest recorded bid was listed for 39.90 . The volume for the day was 775.6 K. This history from September 8, 2022 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 1.40% . The trading delta at closing time to the current price is 4.55% . |
Helmerich and Payne Fundamentals Correlations and Trends
By evaluating Helmerich'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 Helmerich's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Helmerich financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Helmerich Stock history
Helmerich 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 Helmerich is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Helmerich and Payne 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 Helmerich stock prices may prove useful in developing a viable investing in Helmerich
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 92.6 M | 91.5 M | |
| Net Income Applicable To Common Shares | 390.7 M | 410.2 M |
Helmerich Quarterly Net Working Capital |
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Helmerich Stock Technical Analysis
Helmerich 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
Helmerich Period Price Range
Low | September 7, 2022
| High |
42.25 | 39.35 |
Helmerich April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Helmerich stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Helmerich shares will generate the highest return on investment. By undertsting and applying Helmerich stock market strength indicators, traders can identify Helmerich and Payne entry and exit signals to maximize returns
| Accumulation Distribution | 49699.91 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 41.05 | |||
| Day Typical Price | 40.48 | |||
| Price Action Indicator | (3.14) | |||
| Period Momentum Indicator | 2.61 |
Helmerich Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Helmerich's price direction in advance. Along with the technical and fundamental analysis of Helmerich Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Helmerich 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 | 0.1099 | |||
| Jensen Alpha | 0.2795 | |||
| Total Risk Alpha | 0.1484 | |||
| Sortino Ratio | 0.2032 | |||
| Treynor Ratio | 0.2649 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helmerich and Payne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Helmerich Stock analysis
When running Helmerich's price analysis, check to measure Helmerich'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 Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.
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Is Helmerich'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 Helmerich. If investors know Helmerich 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 Helmerich 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 0.033 | Dividend Share 1 | Earnings Share 4.19 | Revenue Per Share 28.041 | Quarterly Revenue Growth (0.06) |
The market value of Helmerich and Payne is measured differently than its book value, which is the value of Helmerich that is recorded on the company's balance sheet. Investors also form their own opinion of Helmerich's value that differs from its market value or its book value, called intrinsic value, which is Helmerich'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 Helmerich's market value can be influenced by many factors that don't directly affect Helmerich'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 Helmerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helmerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helmerich'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.