Flux Power Holdings Stock Market Value
| FLUX Stock | USD 3.03 0.03 0.98% |
| Symbol | Flux |
Flux Power Holdings Price To Book Ratio
Is Flux Power's industry 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 Flux Power. If investors know Flux 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 Flux Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share 3.888 | Quarterly Revenue Growth (0.04) | Return On Assets (0.09) | Return On Equity (0.92) |
The market value of Flux Power Holdings is measured differently than its book value, which is the value of Flux that is recorded on the company's balance sheet. Investors also form their own opinion of Flux Power's value that differs from its market value or its book value, called intrinsic value, which is Flux Power'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 Flux Power's market value can be influenced by many factors that don't directly affect Flux Power'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 Flux Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flux Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flux Power'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.
Flux Power '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 Flux Power'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 Flux Power.
| 03/03/2024 |
| 06/01/2024 |
If you would invest 0.00 in Flux Power on March 3, 2024 and sell it all today you would earn a total of 0.00 from holding Flux Power Holdings or generate 0.0% return on investment in Flux Power over 90 days. Flux Power is related to or competes with Advanced Energy, Hubbell, Acuity Brands, Kimball Electronics, NVent Electric, Encore Wire, and Hayward Holdings. Flux Power Holdings, Inc., through its subsidiary Flux Power, Inc., designs, develops, manufactures, and sells lithium-i... More
Flux Power 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 Flux Power'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 Flux Power Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 36.86 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 7.38 |
Flux Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flux Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flux Power's standard deviation. In reality, there are many statistical measures that can use Flux Power historical prices to predict the future Flux Power's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (0.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flux Power'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.
Flux Power Holdings Backtested Returns
Flux Power Holdings secures Sharpe Ratio (or Efficiency) of -0.0896, which denotes the company had a -0.0896% return per unit of risk over the last 3 months. Flux Power Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flux Power's Standard Deviation of 4.9, mean deviation of 3.25, and Variance of 24.04 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.77, which means possible diversification benefits within a given portfolio. As returns on the market increase, Flux Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Flux Power is expected to be smaller as well. Flux Power Holdings has an expected return of -0.45%. Please make sure to confirm Flux Power Holdings treynor ratio and daily balance of power , to decide if Flux Power Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Flux Power Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Flux Power time series from 3rd of March 2024 to 17th of April 2024 and 17th of April 2024 to 1st of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Flux Power Holdings price movement. The serial correlation of -0.8 indicates that around 80.0% of current Flux Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
Flux Power Holdings lagged returns against current returns
Autocorrelation, which is Flux Power 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 Flux Power's stock expected returns. We can calculate the autocorrelation of Flux Power returns to help us make a trade decision. For example, suppose you find that Flux Power 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 |
Flux Power 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 Flux Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flux Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flux Power stock over time.
Current vs Lagged Prices |
| Timeline |
Flux Power Lagged Returns
When evaluating Flux Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flux Power stock have on its future price. Flux Power 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, Flux Power autocorrelation shows the relationship between Flux Power stock current value and its past values and can show if there is a momentum factor associated with investing in Flux Power Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Flux Power Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flux Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flux Power Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flux Power Holdings Stock:Check out Flux Power Correlation, Flux Power Volatility and Flux Power Alpha and Beta module to complement your research on Flux Power. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Flux Stock analysis
When running Flux Power's price analysis, check to measure Flux Power'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 Flux Power is operating at the current time. Most of Flux Power's value examination focuses on studying past and present price action to predict the probability of Flux Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flux Power's price. Additionally, you may evaluate how the addition of Flux Power to your portfolios can decrease your overall portfolio volatility.
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Flux Power 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.