Helmerich And Payne Stock Price on December 31, 2023
| HP Stock | USD 34.86 0.46 1.34% |
Below is the normalized historical share price chart for Helmerich and Payne extending back to March 17, 1980. 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 Helmerich stands at 34.86, as last reported on the 28th of November, with the highest price reaching 35.46 and the lowest price hitting 34.40 during the day.
If you're considering investing in Helmerich Stock, it is important to understand the factors that can impact its price. Currently, Helmerich and Payne is very steady. Helmerich and Payne holds Efficiency (Sharpe) Ratio of 0.0584, which attests that the entity had a 0.0584% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Helmerich and Payne, which you can use to evaluate the volatility of the firm. Please check out Helmerich's Risk Adjusted Performance of 0.0395, market risk adjusted performance of 0.0846, and Downside Deviation of 2.58 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
As of 11/28/2024, Stock Based Compensation is likely to grow to about 32.8 M, while Total Stockholder Equity is likely to drop slightly above 2.1 B. . At this time, Helmerich's Price Book Value Ratio is relatively stable compared to the past year. As of 11/28/2024, Price To Operating Cash Flows Ratio is likely to grow to 7.38, while Price Earnings To Growth Ratio is likely to drop (0.51). Helmerich Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of October 1980 | 200 Day MA 36.5753 | 50 Day MA 33.9916 | Beta 1.392 |
Helmerich |
Sharpe Ratio = 0.0584
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | HP | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Helmerich is performing at about 4% 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 Helmerich by adding it to a well-diversified portfolio.
Price Book 1.1646 | Enterprise Value Ebitda 5.2298 | Price Sales 1.2489 | Shares Float 95.2 M | Wall Street Target Price 41 |
Helmerich Valuation on December 31, 2023
It is possible to determine the worth of Helmerich on a given historical date. On December 31, 2023 Helmerich was worth 34.88 at the beginning of the trading date compared to the closed value of 34.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Helmerich stock. Still, in general, we apply an absolute valuation method to find Helmerich'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 Helmerich where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Helmerich's related companies.
| Open | High | Low | Close | Volume | |
| 35.18 | 35.54 | 34.68 | 34.88 | 1,132,500 | |
12/29/2023 | 34.88 | 34.90 | 34.34 | 34.74 | 1,276,700 |
| 34.80 | 35.52 | 34.68 | 34.91 | 801,800 |
| Backtest Helmerich | | | Helmerich History | | | Helmerich Valuation | Previous | Next |
Helmerich Trading Date Momentum on December 31, 2023
| On January 02 2024 Helmerich and Payne was traded for 34.91 at the closing time. The highest price during the trading period was 35.52 and the lowest recorded bid was listed for 34.68 . The volume for the day was 801.8 K. This history from January 2, 2024 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 0.49% . The trading delta at closing time to the current price is 5.53% . |
Helmerich and Payne Fundamentals Correlations and Trends
By evaluating Helmerich'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 Helmerich's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Helmerich financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Helmerich Stock history
Helmerich 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 Helmerich is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Helmerich and Payne 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 Helmerich stock prices may prove useful in developing a viable investing in Helmerich
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 99.1 M | 91.2 M | |
| Net Income Applicable To Common Shares | 390.7 M | 410.2 M |
Helmerich Quarterly Net Working Capital |
|
Helmerich Stock Technical Analysis
Helmerich 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.
Price Boundaries
Helmerich Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Helmerich and Payne cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Helmerich November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Helmerich stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Helmerich shares will generate the highest return on investment. By undertsting and applying Helmerich stock market strength indicators, traders can identify Helmerich and Payne entry and exit signals to maximize returns
Helmerich Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Helmerich's price direction in advance. Along with the technical and fundamental analysis of Helmerich Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Helmerich 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.
| Risk Adjusted Performance | 0.0395 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0746 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Helmerich Stock Analysis
When running Helmerich's price analysis, check to measure Helmerich'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 Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.