Klx Energy Services Stock Price Prediction
| KLXE Stock | USD 6.49 0.17 2.69% |
Oversold Vs Overbought
67
Oversold | Overbought |
Quarterly Earnings Growth (0.51) | EPS Estimate Next Quarter (0.86) | EPS Estimate Current Year (2.83) | EPS Estimate Next Year (1.45) | Wall Street Target Price 10 |
Using KLX Energy hype-based prediction, you can estimate the value of KLX Energy Services from the perspective of KLX Energy response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in KLX Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying KLX because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
KLX Energy after-hype prediction price | USD 6.3 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
KLX |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KLX Energy'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.
KLX Energy After-Hype Price Prediction Density Analysis
As far as predicting the price of KLX Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in KLX Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of KLX Energy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
KLX Energy Estimiated After-Hype Price Volatility
In the context of predicting KLX Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on KLX Energy's historical news coverage. KLX Energy's after-hype downside and upside margins for the prediction period are 0.81 and 11.79, respectively. We have considered KLX Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
KLX Energy is slightly risky at this time. Analysis and calculation of next after-hype price of KLX Energy Services is based on 3 months time horizon.
KLX Energy Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as KLX Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading KLX Energy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with KLX Energy, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.12 | 5.49 | 0.02 | 0.00 | 6 Events / Month | 4 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
6.49 | 6.30 | 0.32 |
|
KLX Energy Hype Timeline
KLX Energy Services is now traded for 6.49. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.0. KLX is anticipated to decline in value after the next headline, with the price expected to drop to 6.3. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.32%, whereas the daily expected return is now at -0.12%. The volatility of related hype on KLX Energy is about 14447.37%, with the expected price after the next announcement by competition of 6.49. About 47.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.43. KLX Energy Services recorded a loss per share of 2.98. The entity last dividend was issued on the 28th of July 2020. The firm had 1:5 split on the 28th of July 2020. Given the investment horizon of 90 days the next anticipated press release will be in about 6 days. Check out KLX Energy Basic Forecasting Models to cross-verify your projections.KLX Energy Related Hype Analysis
Having access to credible news sources related to KLX Energy's direct competition is more important than ever and may enhance your ability to predict KLX Energy's future price movements. Getting to know how KLX Energy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how KLX Energy may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PUMP | ProPetro Holding Corp | (0.70) | 9 per month | 2.84 | 0.01 | 5.25 | (4.78) | 21.85 | |
| RES | RPC Inc | (0.06) | 5 per month | 2.43 | (0.01) | 4.55 | (4.55) | 14.14 | |
| MRC | MRC Global | 0.59 | 8 per month | 1.53 | 0.02 | 3.28 | (2.94) | 18.83 | |
| XPRO | Expro Group Holdings | 0.04 | 8 per month | 0.00 | (0.21) | 4.03 | (4.86) | 15.49 | |
| CHX | ChampionX | 0.32 | 7 per month | 1.85 | (0.05) | 2.87 | (3.32) | 11.10 |
KLX Energy Additional Predictive Modules
Most predictive techniques to examine KLX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for KLX using various technical indicators. When you analyze KLX 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About KLX Energy Predictive Indicators
The successful prediction of KLX Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as KLX Energy Services, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of KLX Energy based on analysis of KLX Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to KLX Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to KLX Energy's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 6.14 | 7.38 | 7.65 | 9.92 | Days Of Inventory On Hand | 18.48 | 15.1 | 18.18 | 13.3 |
Story Coverage note for KLX Energy
The number of cover stories for KLX Energy depends on current market conditions and KLX Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that KLX Energy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about KLX Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
KLX Energy Short Properties
KLX Energy's future price predictability will typically decrease when KLX Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of KLX Energy Services often depends not only on the future outlook of the potential KLX Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. KLX Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.7 M | |
| Cash And Short Term Investments | 112.5 M |
Complementary Tools for KLX Stock analysis
When running KLX Energy's price analysis, check to measure KLX Energy'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 KLX Energy is operating at the current time. Most of KLX Energy's value examination focuses on studying past and present price action to predict the probability of KLX Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KLX Energy's price. Additionally, you may evaluate how the addition of KLX Energy to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Global Correlations Find global opportunities by holding instruments from different markets |