KLX Energy Stock Market Value

KLXE
 Stock
  

USD 15.67  0.29  1.82%   

KLX Energy's market value is the price at which a share of KLX Energy stock trades on a public exchange. It measures the collective expectations of KLX Energy Services investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of KLX Energy Services and determine expected loss or profit from investing in KLX Energy over a given investment horizon. Please see KLX Energy Correlation, KLX Energy Volatility and KLX Energy Alpha and Beta module to complement your research on KLX Energy.
Symbol


Is KLX 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 KLX Energy. If investors know KLX Energy 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 KLX Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
195.9 M
Quarterly Revenue Growth YOY
0.96
Return On Assets
(0.12) 
Return On Equity
(10.78) 
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX Energy that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX 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 KLX Energy's market value can be influenced by many factors that don't directly affect KLX 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 KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine KLX Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX 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.

KLX Energy 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to KLX Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of KLX Energy.
0.00
11/03/2022
No Change 0.00  0.0 
In 31 days
12/03/2022
0.00
If you would invest  0.00  in KLX Energy on November 3, 2022 and sell it all today you would earn a total of 0.00 from holding KLX Energy Services or generate 0.0% return on investment in KLX Energy over 30 days. KLX Energy is related to or competes with Dmc Global, Now, Enerflex, and Flotek Industries. KLX Energy Services Holdings, Inc. provides drilling, completions, production, and well intervention services and produc... More

KLX Energy Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure KLX Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess KLX Energy Services upside and downside potential and time the market with a certain degree of confidence.

KLX Energy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for KLX Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KLX Energy's standard deviation. In reality, there are many statistical measures that can use KLX Energy historical prices to predict the future KLX Energy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of KLX Energy'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 KLX Energy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.6716.3022.93
Details
Intrinsic
Valuation
LowReal ValueHigh
2.559.1815.81
Details
1 Analysts
Consensus
LowTarget PriceHigh
3.003.003.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
-11.78-11.78-11.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KLX Energy. Your research has to be compared to or analyzed against KLX Energy's peers to derive any actionable benefits. When done correctly, KLX Energy'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 KLX Energy Services.

KLX Energy Services Backtested Returns

KLX Energy is moderately volatile given 3 months investment horizon. KLX Energy Services has Sharpe Ratio of 0.22, which conveys that the firm had 0.22% of return per unit of standard deviation over the last 3 months. Our approach into estimating the risk of a stock is to use both market data as well as company specific technical data. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.44% are justified by taking the suggested risk. Use KLX Energy Services Market Risk Adjusted Performance of 0.7869, mean deviation of 4.77, and Risk Adjusted Performance of 0.297 to evaluate company specific risk that cannot be diversified away.
KLX Energy holds a performance score of 16 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.6702, which conveys a somewhat significant risk relative to the market. Let's try to break down what KLX Energy's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, KLX Energy will likely underperform. Although it is vital to follow KLX Energy Services price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. Our approach into estimating future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if KLX Energy expected return of 1.44 will be sustainable into the future, we have found twenty-eight different technical indicators, which can help you to check if the expected returns are sustainable. Use KLX Energy Services downside variance, as well as the relationship between the accumulation distribution and market facilitation index to analyze future returns on KLX Energy Services.

Auto-correlation

    
  -0.46  

Modest reverse predictability

KLX Energy Services has modest reverse predictability. Overlapping area represents the amount of predictability between KLX Energy time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KLX Energy Services price movement. The serial correlation of -0.46 indicates that about 46.0% of current KLX Energy price fluctuation can be explain by its past prices.
Correlation Coefficient-0.46
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.21

KLX Energy Services lagged returns against current returns

Autocorrelation, which is KLX Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting KLX Energy's stock expected returns. We can calculate the autocorrelation of KLX Energy returns to help us make a trade decision. For example, suppose you find that KLX Energy stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

KLX Energy regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If KLX Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KLX Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KLX Energy stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

KLX Energy Lagged Returns

When evaluating KLX Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KLX Energy stock have on its future price. KLX Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, KLX Energy autocorrelation shows the relationship between KLX Energy stock current value and its past values and can show if there is a momentum factor associated with investing in KLX Energy Services.
   Regressed Prices   
Share
       Timeline  

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 KLX 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, KLX Energy's short interest history, or implied volatility extrapolated from KLX Energy options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as KLX Energy Services using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see KLX Energy Correlation, KLX Energy Volatility and KLX Energy Alpha and Beta module to complement your research on KLX Energy. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for analysis

When running KLX Energy Services price analysis, check to measure KLX 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 KLX Energy is operating at the current time. Most of KLX Energy's value examination focuses on studying past and present price action to predict the probability of KLX Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move KLX Energy's price. Additionally, you may evaluate how the addition of KLX Energy to your portfolios can decrease your overall portfolio volatility.
CEO Directory
Screen CEOs from public companies around the world
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
KLX Energy 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.
A focus of KLX Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of KLX Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...