Helix Energy Solutions Stock Market Value
| HLX Stock | USD 7.93 0.06 0.76% |
| Symbol | Helix |
Helix Energy Solutions Price To Book Ratio
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Helix Energy. If investors know Helix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Helix Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.883 | Earnings Share 0.36 | Revenue Per Share | Quarterly Revenue Growth 0.06 | Return On Assets |
The market value of Helix Energy Solutions is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Energy's value that differs from its market value or its book value, called intrinsic value, which is Helix Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Helix Energy's market value can be influenced by many factors that don't directly affect Helix Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Helix Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Helix Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Helix Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Helix Energy.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Helix Energy on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Helix Energy Solutions or generate 0.0% return on investment in Helix Energy over 90 days. Helix Energy is related to or competes with Oceaneering International, RPC, Oil States, TechnipFMC PLC, Ranger Energy, Bristow, and NOV. Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore ene... More
Helix Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Helix Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Helix Energy Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 17.09 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 3.86 |
Helix Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helix Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helix Energy's standard deviation. In reality, there are many statistical measures that can use Helix Energy historical prices to predict the future Helix Energy's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | 0.0318 | |||
| Treynor Ratio | (0.36) |
Helix Energy Solutions Backtested Returns
Helix Energy Solutions holds Efficiency (Sharpe) Ratio of -0.0814, which attests that the entity had a -0.0814 % return per unit of risk over the last 3 months. Helix Energy Solutions exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Helix Energy's Risk Adjusted Performance of (0.12), standard deviation of 2.63, and Market Risk Adjusted Performance of (0.35) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.13, which attests to a somewhat significant risk relative to the market. Helix Energy returns are very sensitive to returns on the market. As the market goes up or down, Helix Energy is expected to follow. At this point, Helix Energy Solutions has a negative expected return of -0.21%. Please make sure to check out Helix Energy's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Helix Energy Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Helix Energy Solutions has average predictability. Overlapping area represents the amount of predictability between Helix Energy time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Helix Energy Solutions price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Helix Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Helix Energy Solutions lagged returns against current returns
Autocorrelation, which is Helix Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Helix Energy's stock expected returns. We can calculate the autocorrelation of Helix Energy returns to help us make a trade decision. For example, suppose you find that Helix Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Helix Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Helix Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helix Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helix Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Helix Energy Lagged Returns
When evaluating Helix Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helix Energy stock have on its future price. Helix Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Helix Energy autocorrelation shows the relationship between Helix Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Helix Energy Solutions.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Helix Stock Analysis
When running Helix Energy's price analysis, check to measure Helix 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 Helix Energy is operating at the current time. Most of Helix Energy's value examination focuses on studying past and present price action to predict the probability of Helix 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 Helix Energy's price. Additionally, you may evaluate how the addition of Helix Energy to your portfolios can decrease your overall portfolio volatility.