Championx Stock Performance

The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. Let's try to break down what Championx's beta means in this case. the returns on MARKET and Championx Corp are completely uncorrelated. Although it is important to respect Championx Corp historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Championx Corp technical indicators, you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Championx Corp right now shows a risk of 0.0%. Please confirm Championx Corp coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Championx Corp will be following its price patterns.
  
Championx Performance
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Over the last 90 days Championx Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical indicators, Championx Corp is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Quick Ratio1.04
Fifty Two Week Low16.64
Target High Price38.00
Fifty Two Week High28.08
Payout Ratio18.99%
Trailing Annual Dividend Yield0.73%
Target Low Price21.00

Championx Corp Relative Risk vs. Return Landscape

If you would invest (100.00)  in Championx Corp on June 28, 2022 and sell it today you would earn a total of  100.00  from holding Championx Corp or generate -100.0% return on investment over 90 days. Championx Corp is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Championx, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  

Championx Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Championx Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Championx Corp, and traders can use it to determine the average amount a Championx Corp's 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 = 0.0

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Based on monthly moving average Championx Corp 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 Championx Corp by adding it to a well-diversified portfolio.

Things to note about Championx Corp

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

Championx Corp Alerts

Equity Alerts and Improvement Suggestions

Championx Corp has high likelihood to experience some financial distress in the next 2 years
Continue to Trending Equities. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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.
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.