KLXE vs. NINE
Compare and contrast key facts about KLX Energy Services Holdings, Inc. (KLXE) and Nine Energy Service, Inc. (NINE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KLXE or NINE.
Correlation
The correlation between KLXE and NINE is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KLXE vs. NINE - Performance Comparison
Key characteristics
KLXE:
-0.72
NINE:
-0.47
KLXE:
-0.98
NINE:
-0.29
KLXE:
0.90
NINE:
0.97
KLXE:
-0.53
NINE:
-0.45
KLXE:
-1.41
NINE:
-0.91
KLXE:
36.97%
NINE:
48.85%
KLXE:
72.73%
NINE:
94.03%
KLXE:
-98.37%
NINE:
-99.03%
KLXE:
-97.43%
NINE:
-96.93%
Fundamentals
KLXE:
$74.78M
NINE:
$50.84M
KLXE:
-$2.98
NINE:
-$1.20
KLXE:
$543.80M
NINE:
$412.68M
KLXE:
$76.50M
NINE:
$43.22M
KLXE:
$60.30M
NINE:
$43.93M
Returns By Period
In the year-to-date period, KLXE achieves a -10.94% return, which is significantly lower than NINE's 7.14% return.
KLXE
-10.94%
-37.00%
-40.47%
-50.22%
-21.30%
N/A
NINE
7.14%
-18.92%
-4.76%
-44.19%
-26.09%
N/A
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Risk-Adjusted Performance
KLXE vs. NINE — Risk-Adjusted Performance Rank
KLXE
NINE
KLXE vs. NINE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KLX Energy Services Holdings, Inc. (KLXE) and Nine Energy Service, Inc. (NINE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
KLXE vs. NINE - Dividend Comparison
Neither KLXE nor NINE has paid dividends to shareholders.
Drawdowns
KLXE vs. NINE - Drawdown Comparison
The maximum KLXE drawdown since its inception was -98.37%, roughly equal to the maximum NINE drawdown of -99.03%. Use the drawdown chart below to compare losses from any high point for KLXE and NINE. For additional features, visit the drawdowns tool.
Volatility
KLXE vs. NINE - Volatility Comparison
The current volatility for KLX Energy Services Holdings, Inc. (KLXE) is 15.63%, while Nine Energy Service, Inc. (NINE) has a volatility of 24.90%. This indicates that KLXE experiences smaller price fluctuations and is considered to be less risky than NINE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
KLXE vs. NINE - Financials Comparison
This section allows you to compare key financial metrics between KLX Energy Services Holdings, Inc. and Nine Energy Service, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities