Year in Review SLB buying ChampionX for 7.8B was a Deal of the Week - The Business Journals
| CHX Stock | USD 29.53 0.56 1.93% |
Slightly above 58% of all ChampionX's investors are looking to take a long position. The analysis of overall sentiment of trading ChampionX stock suggests that some investors are interested at this time. ChampionX's investing sentiment can be driven by a variety of factors including economic data, ChampionX's earnings reports, geopolitical events, and overall market trends.
ChampionX |
Year in Review SLB buying ChampionX for 7.8B was a Deal of the Week The Business Journals
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ChampionX Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ChampionX can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ChampionX Fundamental Analysis
We analyze ChampionX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ChampionX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ChampionX based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Annual Yield
Annual Yield Comparative Analysis
ChampionX is rated below average in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
ChampionX Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ChampionX stock to make a market-neutral strategy. Peer analysis of ChampionX could also be used in its relative valuation, which is a method of valuing ChampionX by comparing valuation metrics with similar companies.
Peers
ChampionX Related Equities
| WFRD | Weatherford International | 4.93 | ||||
| CLB | Core Laboratories | 3.63 | ||||
| NR | Newpark Resources | 3.58 | ||||
| BKR | Baker Hughes | 3.03 | ||||
| CHX | ChampionX | 1.93 | ||||
| WTTR | Select Energy | 1.88 | ||||
| TS | Tenaris SA | 1.53 | ||||
| VTOL | Bristow | 0.77 | ||||
| EFXT | Enerflex | 0.42 | ||||
| DWSN | Dawson Geophysical | 5.88 |
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.