Championx Competitors

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Championx Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Championx Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
18.3321.6825.03
Details
Intrinsic
Valuation
LowReal ValueHigh
20.3423.6927.04
Details
Naive
Forecast
LowNext ValueHigh
17.5420.8924.24
Details
7 Analysts
Consensus
LowTarget PriceHigh
25.0029.2935.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Championx Corp. Your research has to be compared to or analyzed against Championx Corp's peers to derive any actionable benefits. When done correctly, Championx Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Championx Corp.

Championx Corp Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Championx Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Championx and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Championx Corp does not affect the price movement of the other competitor.
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Championx Corp Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Championx Corp stock performing well and Championx Corp company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Championx Corp's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Championx Corp and related stocks such as Schlumberger NV, Halliburton, Tenaris SA ADR, China Oilfield Svcs, NOV Inc, Worley Parsons ADR, and Apple Inc Net Income Over Time
Select Fundamental

2010201120122013201420152016201720182019202020212022
HAL2.8 B2.8 B2.6 B2.1 B3.5 B(671 M)(5.8 B)(463 M)1.7 B(1.1 B)(2.9 B)1.5 B1.6 B
NOV1.7 BB2.5 B2.3 B2.5 B(769 M)(2.4 B)(237 M)(31 M)(6.1 B)(2.5 B)(250 M)(256.6 M)
AAPL25.9 B45.7 B45.7 B45.7 B45.7 B45.7 B94.7 B94.7 B94.7 B94.7 B94.7 B48.4 B54.8 B

Championx Corp and related stocks such as Schlumberger NV, Halliburton, Tenaris SA ADR, China Oilfield Svcs, NOV Inc, Worley Parsons ADR, and Apple Inc Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Championx Corp financial statement analysis. It represents the amount of money remaining after all of Championx Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Championx Corp Competitive Analysis

The better you understand Championx Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Championx Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Championx Corp's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
CHXSLBHALTSCHOLFNOVWYGPYAAPL
 2.77 
 22.28 
Championx
 3.86 
 37.14 
Schlumberger
 3.79 
 29.55 
Halliburton
 3.17 
 27.38 
Tenaris
 1.08 
 0.92 
China
 3.91 
 18.62 
NOV
 1.10 
 9.89 
Worley
 0.63 
 172.10 
Apple
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Working Capital
Gross Profit
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Championx Corp Competition Performance Charts

Complement your Championx Corp position

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Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive theme has 40 constituents at this time.
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Continue to Championx Corp Correlation with its peers. Note that the Championx Corp information on this page should be used as a complementary analysis to other Championx Corp'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Championx Corp price analysis, check to measure Championx Corp'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 Corp is operating at the current time. Most of Championx Corp's value examination focuses on studying past and present price action to predict the probability of Championx Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Championx Corp's price. Additionally, you may evaluate how the addition of Championx Corp to your portfolios can decrease your overall portfolio volatility.
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Is Championx Corp'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 Corp. 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 Corp 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 YOY
3.33
Market Capitalization
4.4 B
Quarterly Revenue Growth YOY
0.25
Return On Assets
0.0502
Return On Equity
0.0982
The market value of Championx Corp 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 Corp's value that differs from its market value or its book value, called intrinsic value, which is Championx Corp'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 Corp's market value can be influenced by many factors that don't directly affect Championx Corp'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 Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Championx Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Championx Corp'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.
CHX
 Stock
  

USD 22.28  0.60  2.77%   

Championx Corp competes with Schlumberger, Halliburton, Tenaris SA, China Oilfield, and NOV; as well as few others. The company runs under Energy sector within Oil & Gas Equipment & Services industry. Analyzing Championx Corp competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Championx Corp to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Championx Corp competition on your existing holdings. Continue to Championx Corp Correlation with its peers.
  
Return on Investment is likely to rise to 7.39 in 2022. Return on Average Assets is likely to rise to 0.0345 in 2022. Championx Corp Total Assets Per Share are fairly stable at the moment as compared to the past year. Championx Corp reported Total Assets Per Share of 17.42 in 2021. Return on Average Assets is likely to rise to 0.0345 in 2022, whereas Total Assets are likely to drop slightly above 3.3 B in 2022.