Flux Power Correlations
| FLUX Stock | USD 3.86 0.22 5.39% |
The correlation of Flux Power is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flux Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flux Power Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flux Power Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. Flux |
The ability to find closely correlated positions to Flux Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flux Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Flux Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Flux Power Holdings to buy it.
Moving against Flux Stock
Related Correlations Analysis
BE | ELVA | EOSE | EPOW | ||
BE | 0.84 | 0.37 | 0.53 | BE | |
ELVA | 0.84 | 0.31 | 0.41 | ELVA | |
EOSE | 0.37 | 0.31 | 0.69 | EOSE | |
EPOW | 0.53 | 0.41 | 0.69 | EPOW | |
BE | ELVA | EOSE | EPOW |
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Risk-Adjusted Indicators
There is a big difference between Flux Stock performing well and Flux Power company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Flux Power's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Information Ratio | Expected Shortfall | Potential Upside | Value At@Risk | Maximum Drawdown | |
|---|---|---|---|---|---|---|---|---|---|---|
| BE | 2.03 | (0.21) | 0.00 | (0.08) | 0.00 | (0.09) | 0.00 | 3.90 | (4.31) | 12.42 |
| ELVA | 2.89 | (0.31) | 0.00 | 1.64 | 0.00 | (0.06) | 0.00 | 5.53 | (5.48) | 34.26 |
| EOSE | 6.28 | (0.28) | 0.00 | (0.17) | 0.00 | (0.0339) | 0.00 | 13.69 | (11.97) | 39.93 |
| EPOW | 2.90 | (0.41) | 0.00 | (0.67) | 0.00 | (0.09) | 0.00 | 6.38 | (6.00) | 27.38 |
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Our tools can tell you how much better you can do entering a position in Flux Power without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Flux Power Corporate Directors
Flux Power corporate directors refer to members of a Flux Power board of directors. The board of directors generally takes responsibility for the Flux Power's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Flux Power's board members must vote for the resolution. The Flux Power board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Caroline Padt | Independent Director | Profile | |
| JeanJacques Cayeman | Director | Profile | |
| Peter Verhaeghe | Member of the Management Board, Asset Management Director | Profile | |
| Nicolas Daubies | Secretary to the Board of Directors | Profile |
Already Invested in Flux Power Holdings?
The danger of trading Flux Power Holdings is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Flux Power is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Flux Power. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Flux Power Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flux Power Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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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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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 (0.56) | Revenue Per Share 4.076 | Quarterly Revenue Growth 0.145 | Return On Assets (0.11) | Return On Equity (0.61) |
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.