Championx Stock Statistic Functions Beta

CHX
 Stock
  

USD 20.72  0.23  1.12%   

Championx Corp statistic functions tool provides the execution environment for running the Beta function and other technical functions against Championx Corp. Championx Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Championx Corp statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Championx Corp correlated with the market. If Beta is less than 0 Championx Corp generally moves in the opposite direction as compared to the market. If Championx Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Championx Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Championx Corp is generally in the same direction as the market. If Beta > 1 Championx Corp moves generally in the same direction as, but more than the movement of the benchmark.
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Championx Corp Technical Analysis Modules

Most technical analysis of Championx Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Championx from various momentum indicators to cycle indicators. When you analyze Championx charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Championx Corp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Championx Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Championx Corp based on widely used predictive technical indicators. In general, we focus on analyzing Championx Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Championx Corp's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Championx Corp's intrinsic value. In addition to deriving basic predictive indicators for Championx Corp, we also check how macroeconomic factors affect Championx Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.540.560.390.36
Interest Coverage2.573.333.833.93
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
17.2620.6524.04
Details
Intrinsic
Valuation
LowReal ValueHigh
18.6524.1227.51
Details
Naive
Forecast
LowNext ValueHigh
15.5918.9822.38
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.

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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
4.2 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.