Are NPK International Inc.s Fundamentals Good Enough to Warrant Buying Given The Stocks Recent Weakness?

NPKI Stock   7.51  0.06  0.79%   
Under 61% of NPK International's investor base is looking to short. The analysis of the overall investor sentiment regarding NPK International suggests that many traders are alarmed. NPK International's investing sentiment shows overall attitude of investors towards NPK International.
  
It is hard to get excited after looking at NPK Internationals recent performance, when its stock has...

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NPK International Fundamental Analysis

We analyze NPK International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NPK International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NPK International 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.

Probability Of Bankruptcy

Probability Of Bankruptcy Comparative Analysis

NPK International is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

NPK International 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 NPK International stock to make a market-neutral strategy. Peer analysis of NPK International could also be used in its relative valuation, which is a method of valuing NPK International by comparing valuation metrics with similar companies.

Peers

NPK International Related Equities

DWSNDawson Geophysical   6.52   
0%
100.0%
CHXChampionX   1.90   
0%
29.0%
WFRDWeatherford International   1.75   
0%
26.0%
BKRBaker Hughes   1.33   
0%
20.0%
TSTenaris SA   0.89   
0%
13.0%
DTIDrilling Tools   0.58   
0%
8.0%
VTOLBristow   0.23   
3.0%
0%
CLBCore Laboratories   0.27   
4.0%
0%
FETForum Energy   0.73   
11.0%
0%
EFXTEnerflex   0.97   
14.0%
0%

Complementary Tools for NPK Stock analysis

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