Baker Stock Performance

BKR
 Stock
  

USD 29.63  0.44  1.46%   

The firm shows a Beta (market volatility) of 0.8248, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Baker's beta means in this case. As returns on the market increase, Baker Hughes returns are expected to increase less than the market. However, during the bear market, the loss on holding Baker Hughes will be expected to be smaller as well. Even though it is essential to pay attention to Baker Hughes A historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Baker Hughes A exposes twenty-one different technical indicators, which can help you to evaluate its performance. Baker Hughes A has an expected return of -0.28%. Please be advised to confirm Baker Hughes A information ratio, as well as the relationship between the potential upside and kurtosis to decide if Baker Hughes A performance from the past will be repeated at some point in the near future.
  
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Baker Performance
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Over the last 90 days Baker Hughes A has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Stock's forward-looking signals remain relatively invariable which may send shares a bit higher in July 2022. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more

Baker Price Channel

Quick Ratio1.09
Fifty Two Week Low19.23
Target High Price47.00
Fifty Two Week High39.78
Payout Ratio171.43%
Trailing Annual Dividend Yield2.39%
Target Low Price28.00

Baker Hughes Relative Risk vs. Return Landscape

If you would invest  3,623  in Baker Hughes A on March 31, 2022 and sell it today you would lose (660.00)  from holding Baker Hughes A or give up 18.22% of portfolio value over 90 days. Baker Hughes A is generating negative expected returns assuming volatility of 2.8954% on return distribution over 90 days investment horizon. In other words, 25% of stocks are less volatile than Baker, and above 99% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Baker Hughes is expected to under-perform the market. In addition to that, the company is 2.01 times more volatile than its market benchmark. It trades about -0.1 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of volatility.

Baker Hughes Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Baker Hughes' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Baker Hughes A, and traders can use it to determine the average amount a Baker Hughes' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0975

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Negative ReturnsBKR
Estimated Market Risk
 2.9
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 -0.28
  actual daily
 
 0 %
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Risk-Adjusted Return
 -0.1
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Based on monthly moving average Baker Hughes is performing at about 0% 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 Baker Hughes by adding it to a well-diversified portfolio.

About Baker Hughes Performance

To evaluate Baker Hughes A Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Baker Hughes generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Baker Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Baker Hughes A stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Baker's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-47 M-50.7 M
Return on Investment 6.23  6.72 
Return on Average Assets(0.006) (0.006474) 
Return on Average Equity(0.016) (0.0173) 
Return on Invested Capital 0.043  0.0464 
Return on Sales 0.041  0.0443 
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 55000 people.

Things to note about Baker Hughes A

Checking the ongoing alerts about Baker Hughes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baker Hughes A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Baker Hughes Alerts

Equity Alerts and Improvement Suggestions

Baker Hughes A generated a negative expected return over the last 90 days
Baker Hughes A is unlikely to experience financial distress in the next 2 years
Baker Hughes A was previously known as BAKER HUGHES CO and was traded on NASDAQ Exchange under the symbol BHGE.
Over 89.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.businesswire.com: Tellurian Awards Baker Hughes Contract for Advanced Zero-Emissions Electric-Powered Compressor Technology for Pipeline Project - Business Wire
Continue to Trending Equities. Note that the Baker Hughes A information on this page should be used as a complementary analysis to other Baker Hughes' 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running Baker Hughes A price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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Is Baker Hughes' 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 Baker Hughes. If investors know Baker 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 Baker Hughes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Baker Hughes A is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' 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 Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' 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 Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine Baker Hughes value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' 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.