Flex Stock Technical Analysis
| FLEX Stock | USD 38.67 0.55 1.40% |
As of the 4th of December, Flex shows the Coefficient Of Variation of 855.72, mean deviation of 1.84, and Downside Deviation of 2.05. Flex technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Flex Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Flex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FlexFlex |
Flex Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 32.83 | Strong Buy | 10 | Odds |
Most Flex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Flex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Flex, talking to its executives and customers, or listening to Flex conference calls.
Flex 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.
Flex Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Flex volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Flex Trend Analysis
Use this graph to draw trend lines for Flex. You can use it to identify possible trend reversals for Flex as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Flex price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Flex Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Flex applied against its price change over selected period. The best fit line has a slop of 0.17 , which means Flex will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1053.41, which is the sum of squared deviations for the predicted Flex price change compared to its average price change.About Flex Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Flex on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Flex based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Flex price pattern first instead of the macroeconomic environment surrounding Flex. By analyzing Flex's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Flex's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Flex specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.001895 | 0.00199 | Price To Sales Ratio | 0.47 | 0.57 |
Flex December 4, 2024 Technical Indicators
Most technical analysis of Flex help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Flex from various momentum indicators to cycle indicators. When you analyze Flex charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0961 | |||
| Market Risk Adjusted Performance | 0.1552 | |||
| Mean Deviation | 1.84 | |||
| Semi Deviation | 1.8 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 855.72 | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.38 | |||
| Information Ratio | 0.072 | |||
| Jensen Alpha | 0.0822 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0887 | |||
| Treynor Ratio | 0.1452 | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 5.67 | |||
| Downside Variance | 4.2 | |||
| Semi Variance | 3.24 | |||
| Expected Short fall | (2.31) | |||
| Skewness | 0.6478 | |||
| Kurtosis | 1.34 |
Additional Tools for Flex Stock Analysis
When running Flex's price analysis, check to measure Flex'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 Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.