Championx Stock Price on November 24, 2024

CHX Stock  USD 30.70  0.16  0.52%   
Below is the normalized historical share price chart for ChampionX extending back to April 27, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ChampionX stands at 30.70, as last reported on the 28th of November, with the highest price reaching 31.19 and the lowest price hitting 30.64 during the day.
IPO Date
27th of April 2018
200 Day MA
32.2287
50 Day MA
30.499
Beta
2.39
 
Covid
If you're considering investing in ChampionX Stock, it is important to understand the factors that can impact its price. At this stage we consider ChampionX Stock to be very steady. ChampionX secures Sharpe Ratio (or Efficiency) of 0.0015, which signifies that the company had a 0.0015% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for ChampionX, which you can use to evaluate the volatility of the firm. Please confirm ChampionX's risk adjusted performance of (0.02), and Mean Deviation of 1.42 to double-check if the risk estimate we provide is consistent with the expected return of 0.0031%.
  
Total Stockholder Equity is likely to drop to about 1.7 B in 2024. Common Stock Shares Outstanding is likely to drop to about 141.3 M in 2024. At this time, ChampionX's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 19.14 in 2024, whereas Price Book Value Ratio is likely to drop 1.85 in 2024. ChampionX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0015

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Estimated Market Risk

 2.06
  actual daily
18
82% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average ChampionX is not performing at its full potential. However, 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 by adding ChampionX to a well-diversified portfolio.
Price Book
3.2067
Enterprise Value Ebitda
8.3079
Price Sales
1.5872
Shares Float
188.8 M
Dividend Share
0.37

Related Headline

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ChampionX Valuation on November 24, 2024

It is possible to determine the worth of ChampionX on a given historical date. On November 24, 2024 ChampionX was worth 31.44 at the beginning of the trading date compared to the closed value of 31.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ChampionX stock. Still, in general, we apply an absolute valuation method to find ChampionX's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ChampionX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ChampionX's related companies.
 Open High Low Close Volume
  31.11    31.57    30.83    31.28    1,223,364  
11/22/2024
  31.44    31.69    31.17    31.24    1,850,075  
  31.41    31.75    30.84    30.92    2,032,104  
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Open Value
31.44
31.24
Closing Value
37.62
Upside

ChampionX Trading Date Momentum on November 24, 2024

On November 25 2024 ChampionX was traded for  30.92  at the closing time. Highest ChampionX's price during the trading hours was 31.75  and the lowest price during the day was  30.84 . The net volume was 2 M. The overall trading history on the 25th of November contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.02% . The overall trading delta to current price is 1.86% .

ChampionX Fundamentals Correlations and Trends

By evaluating ChampionX's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ChampionX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ChampionX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ChampionX Stock history

ChampionX investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ChampionX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ChampionX will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ChampionX stock prices may prove useful in developing a viable investing in ChampionX
Last ReportedProjected for Next Year
Common Stock Shares Outstanding199.9 M141.3 M
Net Income Applicable To Common Shares139.5 M146.4 M

ChampionX Quarterly Net Working Capital

698.07 Million

ChampionX Stock Technical Analysis

ChampionX 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 ChampionX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ChampionX 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...

Price Boundaries

ChampionX Period Price Range

Low
November 28, 2024
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ChampionX cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ChampionX November 28, 2024 Market Strength

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

ChampionX Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ChampionX's price direction in advance. Along with the technical and fundamental analysis of ChampionX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ChampionX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for ChampionX Stock Analysis

When running ChampionX's price analysis, check to measure ChampionX'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 is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.