Klx Energy Services Stock Alpha and Beta Analysis
| KLXE Stock | USD 4.71 0.24 5.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as KLX Energy Services. It also helps investors analyze the systematic and unsystematic risks associated with investing in KLX Energy over a specified time horizon. Remember, high KLX Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to KLX Energy's market risk premium analysis include:
Beta 3.14 | Alpha (0.14) | Risk 5.2 | Sharpe Ratio (0.07) | Expected Return (0.34) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
KLX |
KLX Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. KLX Energy market risk premium is the additional return an investor will receive from holding KLX Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in KLX Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate KLX Energy's performance over market.| α | -0.14 | β | 3.14 |
KLX Energy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of KLX Energy's Buy-and-hold return. Our buy-and-hold chart shows how KLX Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.KLX Energy Market Price Analysis
Market price analysis 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 understating and applying KLX Energy stock market price indicators, traders can identify KLX Energy position entry and exit signals to maximize returns.
KLX Energy Return and Market Media
The median price of KLX Energy for the period between Thu, Sep 19, 2024 and Wed, Dec 18, 2024 is 5.5 with a coefficient of variation of 11.39. The daily time series for the period is distributed with a sample standard deviation of 0.61, arithmetic mean of 5.35, and mean deviation of 0.51. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 8398 shares by Max Bouthillette of KLX Energy at 9.76 subject to Rule 16b-3 | 10/04/2024 |
2 | Disposition of 4056 shares by Geoffrey Stanford of KLX Energy at 16.5474 subject to Rule 16b-3 | 10/16/2024 |
3 | Tetra Technologies Q3 Earnings Meet Estimates | 10/29/2024 |
4 | KLX Energy Services Reports Q3 Loss, Tops Revenue Estimates | 10/31/2024 |
5 | Health Check How Prudently Does KLX Energy Services Holdings Use Debt | 11/13/2024 |
6 | KLX Energy Services Trading 0.7 percent Higher - Still a Buy - MarketBeat | 11/20/2024 |
7 | KLX Energy Services Trading Down 3.7 percent - Whats Next - MarketBeat | 12/05/2024 |
8 | Acquisition by Christopher Baker of 18225 shares of KLX Energy subject to Rule 16b-3 | 12/06/2024 |
9 | KLX Energy Services Trading Down 3.4 percent Heres Why | 12/17/2024 |
About KLX Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including KLX or other stocks. Alpha measures the amount that position in KLX Energy Services has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 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 |
KLX Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of KLX Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, KLX Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of KLX Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of KLX Energy. Please utilize our Beneish M Score to check the likelihood of KLX Energy's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with KLX Energy
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out KLX Energy Backtesting, KLX Energy Valuation, KLX Energy Correlation, KLX Energy Hype Analysis, KLX Energy Volatility, KLX Energy History and analyze KLX Energy Performance. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
KLX Energy 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.