KLX Energy Stock Forecast - Period Momentum Indicator

KLXE Stock  USD 6.20  0.18  2.99%   
KLX Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast KLX Energy stock prices and determine the direction of KLX Energy Services's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of KLX Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, KLX Energy's Payables Turnover is projected to drop slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 3.84, whereas Receivables Turnover is forecasted to decline to 4.07. . The current year's Common Stock Shares Outstanding is expected to grow to about 16.5 M.
KLX Energy Services has current Period Momentum Indicator of 0.18. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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KLX Energy Trading Date Momentum

On November 29 2024 KLX Energy Services was traded for  6.20  at the closing time. The top price for the day was 6.23  and the lowest listed price was  5.92 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.90% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for KLX Energy

For every potential investor in KLX, whether a beginner or expert, KLX Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KLX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KLX. Basic forecasting techniques help filter out the noise by identifying KLX Energy's price trends.

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 Risk & Return  Correlation

KLX Energy Services Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of KLX Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of KLX Energy's current price.

KLX Energy Market Strength Events

Market strength indicators help investors to evaluate how KLX Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KLX Energy shares will generate the highest return on investment. By undertsting and applying KLX Energy stock market strength indicators, traders can identify KLX Energy Services entry and exit signals to maximize returns.

KLX Energy Risk Indicators

The analysis of KLX Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in KLX Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting klx stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of KLX Energy to cross-verify your projections.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Oil & Gas Equipment & Services space 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 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.
Quarterly Earnings Growth
(0.51)
Earnings Share
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX 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 if KLX Energy is a good investment 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.