Helix Energy Solutions Stock Beta
HLX Stock | USD 10.82 0.11 1.03% |
Helix Energy Solutions fundamentals help investors to digest information that contributes to Helix Energy's financial success or failures. It also enables traders to predict the movement of Helix Stock. The fundamental analysis module provides a way to measure Helix Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Helix Energy stock.
Helix | Beta |
Helix Beta Analysis
Helix Energy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
More About Beta | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 410.9M | 469.7M | 540.6M | 737.3M | Total Assets | 2.3B | 2.4B | 2.6B | 2.4B |
Beta | = | CovarianceVariance |
Current Helix Energy Beta | 2.5 |
Most of Helix Energy's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Helix Energy Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Helix Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Helix Energy is extremely important. It helps to project a fair market value of Helix Stock properly, considering its historical fundamentals such as Beta. Since Helix Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Helix Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Helix Energy's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Helix Energy Solutions has a Beta of 2.495. This is 46.76% higher than that of the Energy Equipment & Services sector and 37.85% higher than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.
Helix Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Helix Energy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Helix Energy could also be used in its relative valuation, which is a method of valuing Helix Energy by comparing valuation metrics of similar companies.Helix Energy is currently under evaluation in beta category among related companies.
Helix Energy Institutional Holders
Institutional Holdings refers to the ownership stake in Helix Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Helix Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Helix Energy's value.Shares | Ameriprise Financial Inc | 2023-12-31 | 2.4 M | Orbis Allan Gray Ltd | 2023-12-31 | 2.3 M | American Century Companies Inc | 2023-12-31 | 2.1 M | Two Sigma Advisers, Llc | 2023-12-31 | 1.9 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.9 M | Public Employees Retirt Assn Of Colorado | 2023-12-31 | 1.9 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.9 M | Goldman Sachs Group Inc | 2023-12-31 | 1.8 M | Fisher Asset Management, Llc | 2023-12-31 | 1.8 M | Blackrock Inc | 2023-12-31 | 26.3 M | Vanguard Group Inc | 2023-12-31 | 13.2 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Helix Energy will likely underperform.
Helix Fundamentals
Return On Equity | -0.0072 | ||||
Return On Asset | 0.0268 | ||||
Profit Margin | (0.01) % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 1.84 B | ||||
Shares Outstanding | 152.42 M | ||||
Shares Owned By Insiders | 6.63 % | ||||
Shares Owned By Institutions | 92.92 % | ||||
Number Of Shares Shorted | 5.68 M | ||||
Price To Earning | 31.45 X | ||||
Price To Book | 1.09 X | ||||
Price To Sales | 1.27 X | ||||
Revenue | 1.29 B | ||||
Gross Profit | 50.62 M | ||||
EBITDA | 270.05 M | ||||
Net Income | (10.84 M) | ||||
Cash And Equivalents | 186.6 M | ||||
Cash Per Share | 1.07 X | ||||
Total Debt | 540.57 M | ||||
Debt To Equity | 0.32 % | ||||
Current Ratio | 1.44 X | ||||
Book Value Per Share | 9.86 X | ||||
Cash Flow From Operations | 145.64 M | ||||
Short Ratio | 2.94 X | ||||
Earnings Per Share | (0.07) X | ||||
Price To Earnings To Growth | (1.41) X | ||||
Target Price | 13.83 | ||||
Number Of Employees | 2.53 K | ||||
Beta | 2.5 | ||||
Market Capitalization | 1.63 B | ||||
Total Asset | 2.58 B | ||||
Retained Earnings | 312.45 M | ||||
Working Capital | 249.22 M | ||||
Current Asset | 116.12 M | ||||
Current Liabilities | 101.79 M | ||||
Z Score | 2.94 | ||||
Net Asset | 2.58 B |
About Helix Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Helix Energy Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Helix Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Helix Energy Solutions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas. Helix Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1327 people.
Helix Energy Investors Sentiment
The influence of Helix Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Helix. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Helix Energy's public news can be used to forecast risks associated with an investment in Helix. The trend in average sentiment can be used to explain how an investor holding Helix can time the market purely based on public headlines and social activities around Helix Energy Solutions. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Helix Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Helix Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Helix Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Helix Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Helix Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Helix Energy's short interest history, or implied volatility extrapolated from Helix Energy options trading.
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Try AI Portfolio ArchitectCheck out Helix Energy Piotroski F Score and Helix Energy Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Helix Stock analysis
When running Helix Energy's price analysis, check to measure Helix Energy'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 Helix Energy is operating at the current time. Most of Helix Energy's value examination focuses on studying past and present price action to predict the probability of Helix Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helix Energy's price. Additionally, you may evaluate how the addition of Helix Energy to your portfolios can decrease your overall portfolio volatility.
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Is Helix Energy'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 Helix Energy. If investors know Helix 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 Helix Energy 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 (0.50) | Earnings Share (0.07) | Revenue Per Share 8.546 | Quarterly Revenue Growth 0.164 | Return On Assets 0.0268 |
The market value of Helix Energy Solutions is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Energy's value that differs from its market value or its book value, called intrinsic value, which is Helix Energy'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 Helix Energy's market value can be influenced by many factors that don't directly affect Helix Energy'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 Helix Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Energy'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.